IOTA ledger and IoT: A Secure Sustainable Infrastructure for the Construction Industry

Abstract

The modern construction industry is all about connecting supply chains, workers and buildings. Internet of Things is one of the enabling technologies to provide more automation in this highly connected environment. However, more connectivity brings new opportunities but also more cyber-physical threats. In particular in relation to constrained IoT devices. Blockchain and decentralized identities can help to re-establish trust, improve security and develop new business models. Not all blockchains are equal and to guarantee the sustainability of the construction industry, any additional blockchain infrastructure needs to maintain a low carbon footprint. This talk will discuss the role of distributed ledgers (aka DLTs, aka blockchain) and in particular of the IOTA DLT in securing the connected construction industry and present some of the solutions and use cases currently being developed.