A Survey on Blockchain-Internet of Things-Based Solutions

Abstract

The integration of Blockchain-IoT presents a promising platform for enhancing security, transparency, and efficiency in various applications. This work aims to provide a detailed overview of the state of the art in blockchain-IoT-based solutions. In this work, the authors begin by introducing the basic concepts of blockchain and IoT, highlighting their key features and their individual challenges. Next, this work explains benefits of combining these technologies, such as decentralized data management, immutable records, and enhanced trust and security. Further, this work explains the architecture and components of blockchain-IoT systems, including smart contracts, consensus mechanisms, and data integrity verification techniques.