Computational task offloading based on edge computing can deal with the performance bottleneck of traditional cloud-based systems for Internet of things (IoT). To further optimize computing efficiency and resource allocation, collaborative offloading has been put forward to enable the offloading from edge devices to IoT terminal devices. However, there still lack incentive mechanisms to encourage participants to take over tasks from others. To counter this situation, this paper proposes a distributed computational resource trading strategy addressing multiple preferences of IoT users. Unlike most existing works, the objective of our trading strategy comprehensively considers different satisfaction degrees with task delay, energy consumption, price, and user reputation of both requesters and collaborators. The system design uses blockchain to enhance the decentralization, security, and automation. Compared with the trading method based on classical double auction matching mechanism, our trading strategy has more tasks offloaded and executed, and the trading results are friendlier to collaborators with good reputation.
An increasing number of industries rely on Internet-of-Things devices to track physical resources. Blockchain technology provides primitives to represent these resources as digital assets on a secure distributed ledger. Due to the proliferation of blockchain-based assets, there is an increasing need for a generic mechanism to trade assets between isolated platforms. To date, there is no such mechanism without reliance on a trusted third party. In this work, we address this shortcoming and present XChange. Unlike existing approaches for decentralized asset trading, we decouple trade management …
Scalability and security problems of the centralized architecture models in cyberphysical systems have great potential to be solved by novel blockchain based distributed models.A decentralized energy trading system takes advantage of various sources and effectively coordinates the energy to ensure optimal utilization of the available resources. It achieves that goal by managing physical, social and business infrastructures using technologies such as Internet of Things (IoT), cloud computing and network systems. Addressing the importance of blockchain-enabled energy trading in the context of cy…
From its early days the Internet of Things (IoT) has evolved into a decentralized system of cooperating smart objects with the requirement, among others, of achieving distributed consensus. Yet, current IoT platform solutions are centralized cloud based computing infrastructures, manifesting a number of significant disadvantages, such as, among others, high cloud server maintenance costs, weakness for supporting time-critical IoT applications, security and trust issues. Enabling blockchain technology into IoT can help to achieve a proper distributed consensus based IoT system that overcomes th…
In the last few years, electric utility companies have increasingly invested into transactive energy systems. This trend was primarily caused by the integration of distributed energy resources (DERs) and internet-of-things (IoT) devices into their existing distribution networks. Influenced by the general interest in blockchain technologies, many industry specialists are considering new, more efficient peer-to-peer market structures for DERs. Since blockchain-based energy exchanges can automate transactions between their members and provide increased levels of security thanks to smart contracts…
Blockchain has been regarded as a promising technology for Internet of Things (IoT), since it provides significant solutions for decentralized network which can address trust and security concerns, high maintenance cost problem, etc. The decentralization provided by blockchain can be largely attributed to the use of consensus mechanism, which enables peer-to-peer trading in a distributed manner without the involvement of any third party. This article starts from introducing the basic concept of blockchain and illustrating why consensus mechanism plays an indispensable role in a blockchain enab…
Blockchain, as well as Internet of Things (IoT), is considered as two major disruptive emerging technologies. However, both of them suffer from innate technological limitations to some extent. IoT requires strengthening its security features while Blockchain inherently possesses them due to its extensive use of cryptographic mechanisms and Blockchain, in an inverted manner, needs contributions from the distributed nodes for its P2P (Peer-to-Peer) consensus model while IoT rudimentarily embodies them within its architecture. This chapter, therefore, acutely dissects the viability, along with pr…
Edge computing is a distributed computing paradigm that relies on computational resources of end devices in a network to bring benefits such as low bandwidth utilization, responsiveness, scalability and privacy preservation. Applications range from large scale sensor networks to IoT, and concern multiple domains (agriculture, supply chain, medicine. . . ). However, resource usage optimization, a challenge due to the limited capacity of edge devices, is typically handled in a centralized way, which remains an important limitation. In this paper, we propose a decentralized approach that relies o…
Climate change and global warming are the significant challenges of the new century. A viable solution to mitigate greenhouse gas emissions is via a globally incentivized market mechanism proposed in the Kyoto protocol. In this view, the carbon dioxide (or other greenhouse gases) emission is considered a commodity, forming a carbon trading system. There have been attempts in developing this idea in the past decade with limited success. The main challenges of current systems are fragmented implementations, lack of transparency leading to over-crediting and double-spending, and substantial trans…
Mobile devices with embedded sensors for data collection and environmental sensing create a basis for a cost-effective approach for data trading. For example, these data can be related to pollution and gas emissions, which can be used to check the compliance with national and international regulations. The current approach for IoT data trading relies on a centralized third-party entity to negotiate between data consumers and data providers, which is inefficient and insecure on a large scale. In comparison, a decentralized approach based on distributed ledger technologies (DLT) enables data tra…
Blockchain has emerged as a promising technology that can guarantee data consistency and integrity among distributed participants. It has been used in many applications of the Internet of Things (IoT). However, since IoT applications often introduce a massive number of devices into blockchain systems, the efficiency of the blockchain becomes a serious problem. In this article, we analyze the key factors affecting the efficiency of blockchain. Unlike most existing solutions that handle this from the computing perspective, we consider the problem from the communication perspective. Particularly,…
Internet of Things (IoT) is reshaping the incumbent industry to smart industry featured with data-driven decision-making. However, intrinsic features of IoT result in a number of challenges such as decentralization, poor interoperability, privacy and security vulnerabilities. Blockchain technology brings the opportunities in addressing the challenges of IoT. In this paper, we investigate the integration of blockchain technology with IoT. We name such synthesis of blockchain and IoT as Blockchain of Things (BCoT). This paper presents an in-depth survey of BCoT and discusses the insights of this…
As Machine Learning (ML) models are becoming increasingly complex, one of the central challenges is their deployment at scale, such that companies and organizations can create value through Artificial Intelligence (AI). An emerging paradigm in ML is a federated approach where the learning model is delivered to a group of heterogeneous agents partially, allowing agents to train the model locally with their own data. However, the problem of valuation of models, as well the questions of incentives for collaborative training and trading of data/models, have received limited treatment in the litera…
The Internet of Things (IoT) technology will soon become an integral part of our daily lives to facilitate the control and monitoring of processes and objects and revolutionize the ways that human interacts with the physical world. For all features of IoT to become fully functional in practice, there are several obstacles on the way to be surmounted and critical challenges to be addressed. These include, but are not limited to cybersecurity, data privacy, energy consumption, and scalability. The Blockchain decentralized nature and its multi-faceted procedures offer a useful mechanism to tackle…
In this paper, we address the digitization of physical assets using blockchain technology focusing on energy and peer-to-peer trading on decentralized energy markets. Because they are forward markets and operate on a day-ahead timeline, the energy transactions are settled only at the movement of energy delivery. Having the option of locking the energy tokens by a third-party escrow becomes a highly desirable feature. Thus, we define a Lockable ERC20 token that provides the option for an owner to lock some of its tokens using smart contracts. A time-lock and an escrow party account or smart con…
In recent years, blockchain networks have attracted significant attention in many research areas beyond cryptocurrency, one of them being the Edge of Things (EoT) that is enabled by the combination of edge computing and the Internet of Things (IoT). In this context, blockchain networks enabled with unique features such as decentralization, immutability, and traceability, have the potential to reshape and transform the conventional EoT systems with higher security levels. Particularly, the convergence of blockchain and EoT leads to a new paradigm, called BEoT that has been regarded as a promisi…
The Physical Internet and hyperconnected logistics concepts promise an open, more efficient and environmentally friendly supply chain for goods. Blockchain and Internet of Things technologies are increasingly regarded as main enablers of improvements in this domain. We describe how blockchain and smart contracts present the potential of being applied to hyperconnected logistics by showing a concrete example of its implementation.
Internet of Things (IoT) technology is a fundamental infrastructure for information transmission and integration in smart city implementations to achieve effective fine-grained city management, efficient operations, and improved life quality of citizens. Smart-city IoT systems usually involve high volume and variety of information circulation. The information lifecycle also involves many parties, stakeholders, and entities such as individuals, businesses, and government agencies with their own objectives which needed to be incentivized properly. As such, recent studies have modeled smart-city …
The outbreak of the COVID-19 pandemic has deeply influenced the lifestyle of the general public and the healthcare system of the society. As a promising approach to address the emerging challenges caused by the epidemic of infectious diseases like COVID-19, Internet of Medical Things (IoMT) deployed in hospitals, clinics, and healthcare centers can save the diagnosis time and improve the efficiency of medical resources though privacy and security concerns of IoMT stall the wide adoption. In order to tackle the privacy, security, and interoperability issues of IoMT, we propose a framework of bl…
In recent years blockchain technology has received tremendous attention. Blockchain users are known by a changeable Public Key (PK) that introduces a level of anonymity, however, studies have shown that anonymized transactions can be linked to deanonymize the users. Most of the existing studies on user de-anonymization focus on monetary applications, however, blockchain has received extensive attention in non-monetary applications like IoT. In this paper we study the impact of de-anonymization on IoT-based blockchain. We populate a blockchain with data of smart home devices and then apply mach…
We leverage blockchain technology for drone node authentication in internet of drone things (IoDT). During the authentication procedure, the credentials of drone nodes are examined to remove malicious nodes from the system. In IoDT, drones are responsible for gathering data and transmitting it to cluster heads (CHs) for further processing. The CH collects and organizes data. Due to computational load, their energy levels rapidly deplete. To overcome this problem, we present a low-energy adaptive clustering hierarchy (R2D) protocol based on distance, degree, and residual energy. R2D is used to …
Networks are composed of logical nodes and edges for communications. The atomistic component of things connected to the network is a memory chip. Accordingly, the unique linkage of a memory chip and a logical node can be promising to resolve the root-of-trust problem on the Internet-of-Things. For this aim, we propose a protocol of challenge-response using a memory chip. For the central management, a central node controls the entry of electronic appliances with a memory chip into the network, and excludes a fake node (e.g., the spoofing entity) from the network that the central node manages. F…
In the past decade, blockchain has shown a promising vision greatly to build the trust without any powerful third party in a secure, decentralized and salable manner. However, due to the wide application and future development from cryptocurrency to Internet of Things, blockchain is an extremely complex system enabling integration with mathematics, finance, computer science, communication and network engineering, etc. As a result, it is a challenge for engineer, expert and researcher to fully understand the blockchain process in a systematic view from top to down. First, this article introduce…
Recently, there has been a remarkable amount of research being done in both, the fields of Blockchain and Internet of Things (IoT). Blockchain technology synergises well with IoT, solving key problems such as privacy, concerns with interoperability and security. However, the consensus mechanisms that allows trustless parties to maintain an agreement, the same algorithms that underpins cryptocurrency mining, are usually extremely computationally expensive, making implementation on low-power IoT devices difficult. More importantly, mining requires downloading and synchronizing hundred of gigabyt…
The confluence of Internet of Things(IoT) , Blockchain(BC) and Artificial Intelligence(AI) acts as a key accelerator for enabling Machine Economy. To be ready for future businesses these technologies needs to be adapted by extending the IoT capabilities to Economy of Things (EoT) capabilities. In this paper we focus on one such implementation experience for Smart Toll Transaction application in the domain of mobility. Our paper showcases a possible solution by leveraging negotiations, decision making, distributed learning capabilities at the devices level using AI-enabled Multi-Agent Systems a…
Robotics Institute, Innopolis University(Innopolis大学机器人研究所)
The decentralized trading market approach, where both autonomous agents and people can consume and produce services expanding own opportunities to reach goals, looks very promising as a part of the Fourth Industrial revolution. The key component of the approach is a blockchain platform that allows an interaction between agents via liability smart contracts. Reliability of a service provider is usually determined by a reputation model. However, this solution only warns future customers about an extent of trust to the service provider in case it could not execute any previous liabilities correct…
Blockchain technology has been transforming the financial industry and has created a new crypto-economy in the last decade. The foundational concepts such as decentralized trust and distributed ledger are promising for distributed, and large-scale Internet of Things (IoT) applications. However, the applications of Blockchain beyond cryptocurrencies in this domain are few and far between because of the lack of understanding and inherent architectural challenges. In this paper, we describe the opportunities for applications of blockchain for the IoT and examine the challenges involved in archite…
Flexible resources in built environments are seen as a low-cost opportunity for delivering grid management services. Consequently, the centralised aggregator model, where the aggregator is used to bundle demand flexibility from flexible resources and deliver it to flexibility customers such as Distributed/Transmission System Operator (DSO/TSO) in flexibility markets, has been adopted. However, the aggregator role introduces various security and trust challenges. In this work, we propose a blockchain-based flexibility trading framework dubbed PlexiChain to address the security and trust challen…
This work presents the design and implementation of a blockchain system that enables the trustable transactive energy management for distributed energy resources (DERs). We model the interactions among DERs, including energy trading and flexible appliance scheduling, as a cost minimization problem. Considering the dispersed nature and diverse ownership of DERs, we develop a distributed algorithm to solve the optimization problem using the alternating direction method of multipliers (ADMM) method. Furthermore, we develop a blockchain system, on which we implement the proposed algorithm with the…