The DOI matches its Crossref record; 19 of the 21 references it cites were found in a registry or an index.
Blockchains and Smart Contracts for the Internet of Things
Open accessAbstract
Motivated by the recent explosion of interest around blockchains, we examine whether they make a good fit for the Internet of Things (IoT) sector. Blockchains allow us to have a distributed peer-to-peer network where non-trusting members can interact with each other without a trusted intermediary, in a verifiable manner. We review how this mechanism works and also look into smart contracts-scripts that reside on the blockchain that allow for the automation of multi-step processes. We then move into the IoT domain, and describe how a blockchain-IoT combination: 1) facilitates the sharing of services and resources leading to the creation of a marketplace of services between devices and 2) allows us to automate in a cryptographically verifiable manner several existing, time-consuming workflows. We also point out certain issues that should be considered before the deployment of a blockchain network in an IoT setting: from transactional privacy to the expected value of the digitized assets traded on the network. Wherever applicable, we identify solutions and workarounds. Our conclusion is that the blockchain-IoT combination is powerful and can cause significant transformations across several industries, paving the way for new business models and novel, distributed applications.
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In the citing paper
“A small integration test based on this platform was performed, but it did not meet all our expectations. Mainly it was because of the lack of support for smart contracts [42], [43].”
From A Trusted Approach for Decentralised and Privacy-Preserving Identity Management (2021) · cites this paper as [43]
In the citing paper
“The existing 5G technology infrastructure has remained unsolved challenges in terms of security, networking and computing performance degradation due to its centralized architecture [46].”
From Blockchain for 5G and beyond networks: A state of the art survey (2020) · cites this paper as [46]
In the citing paper
“Various works to develop secure light-weight IoT architecture based on the blockchain technology have been proposed in the literature [178-180].”
From A Review of Blockchain Architecture and Consensus Protocols: Use Cases, Challenges, and Solutions (2019) · cites this paper as [180]
Citations
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Cited by
Sorted by citations
Blockchain challenges and opportunities: a survey
Zheng, Z., Xie, S., Dai, H. N., Chen, X., & Wang, H. (2018) · International Journal of Web and Grid Services · doi:10.1504/ijwgs.2018.095647 · Cited by 3,651
Casino, F., Dasaklis, T. K., & Patsakis, C. (2018) · Telematics and Informatics · doi:10.1016/j.tele.2018.11.006 · Cited by 2,954
IoT security: Review, blockchain solutions, and open challenges
Khan, M. A., & Salah, K. (2018) · Future Generation Computer Systems · doi:10.1016/j.future.2017.11.022 · Cited by 2,488
1 Blockchain’s roles in meeting key supply chain management objectives
Kshetri, N. (2018) · International Journal of Information Management · doi:10.1016/j.ijinfomgt.2017.12.005 · Cited by 2,149
On blockchain and its integration with IoT. Challenges and opportunities
Reyna, A., Martín, C., Chen, J., Soler, E., & Díaz, M. (2018) · Future Generation Computer Systems · doi:10.1016/j.future.2018.05.046 · Cited by 1,908
Metadata
- Authors
- Christidis, K., & Devetsikiotis, M.
- Affiliations
- North Carolina State University (US)
- Venue
- IEEE Access
- Published
- 2016
- Volume
- 4
- Pages
- 2292-2303
- ISSN
- 2169-3536 (ISSN-L)
- OpenAlex
- W2392113277
- Cited by
- 4,552
- References
- 21
- Citations by year
- 2026: 263 · 2025: 426 · 2024: 411 · 2023: 456 · 2022: 496 · 2021: 629 · 2020: 697 · 2019: 654 · 2018: 391 · 2017: 124 · 2016: 5
- FWCI
- 872.64
- Type
- journal article
- Language
- en
- Open access
- gold
- doi.org
- Locations
- IEEE Access (publishedVersion)
- DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
- Topics
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology Applications and Security
- Physical Sciences › Computer Science › Information Systems › Blockchain Technology in Education and Learning
- Physical Sciences › Computer Science › Computer Networks and Communications › IoT and Edge/Fog Computing
- Keywords
- blockchain, smart contracts, Internet of Things, peer-to-peer networks, service market, resource sharing, workflow automation, distributed applications, business models
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