An Innovative Methodology for Network Latency Detection Based on IoT Centered Blockchain Transactions

Table 1

Possible blockchain solution for various challenges in the Internet of Things.

Problems faced by IoT	Definition	Suggested outcome
Privacy	IoT devices are susceptible to exposing sensitive data of the user	Use permissioned blockchain that have the capability to secure the IoT devices
Traffic and cost	To handle the exponential growth in the number of IoT devices	Using blockchain for decentralization, the devices can directly connect and communicate with each other rather than interacting via the central servers
Inefficient services and large load on cloud	Cloud services are not available due to bugs in software, attacks, power, or other problems	Records should be updated on different nodes of the network holding the same data so that there is no single point of failure
Error in input architecture	Parts of IoT devices have points of failures affecting the network and the entire device	The validity of devices can be verified using blockchain, and data is verified cryptographically to ensure that only the originator can send it
Input data augmentation	Data is extracted from IoT devices, and after manipulating, it can be exploited in an inappropriate way	Due to blockchain, devices will be interlocked, and if any device updates the data, the system can reject it