Blockchain in IoT

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BENEFITS AND CHALLENGES OF
BLOCKCHAIN IN IOT DEVELOPMENT
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• Contents
• What is Blockchain?
• How Blockchain works?
• Applications of Blockchain
• Blockchain History
• Blockchain in IoT
• Benefits of Blockchain in IoT
• Challenges for Blockchain in IoT

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What is Blockchain Technology?
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How
Blockchain
works?
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Applications of Blockchain
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Blockchain in IoT
Blockchain in IoT
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Benefits for Blockchain in IoT

• Build Trust
• Build trust between parties and devices
• Reduce risk of collusion and tampering

• Reduce Costs
• Reduce costs by removing overhead associated with
  middlemen and intermediaries

• Accelerate transactions
• Reduce settlement time from days to near
  instantaneous

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Challenges for Blockchain in IoT
Vendor Risks
Vendor Risks

• Scalability issues
• Processing power and time
• Storage will be a hurdle

Credential Security
Legal and Compliance
Credential Security
Legal and Compliance
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Want to know more about
Blockchain in IoT?
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Thank You!
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