{"id":2647,"date":"2022-01-07T19:32:13","date_gmt":"2022-01-07T19:32:13","guid":{"rendered":"https:\/\/gospeedhub.com\/?p=2647"},"modified":"2022-01-11T13:33:34","modified_gmt":"2022-01-11T13:33:34","slug":"protecting-iot-security-via-blockchain","status":"publish","type":"post","link":"https:\/\/gospeedhub.com\/blogs\/protecting-iot-security-via-blockchain\/","title":{"rendered":"Protecting IoT Security Via Blockchain Technology"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\" style=\"line-height:2\"><strong>The Internet of Things (IoT)<\/strong>&nbsp;is the organization of machines, devices, and people by connecting them in a system that issues unique identifiers that allow data transmission over a network without physical interaction.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"line-height:2\">Blockchain is a type of database distributed between nodes in a computer network. The data structure is different from a typical database and stored in digital format.&nbsp;<\/p>\n\n\n\n<h2 id=\"there-are-two-types-of-blockchain\" class=\"cnvs-block-section-heading cnvs-block-section-heading-1641582590038 is-style-cnvs-block-section-heading-10 halignleft\" >\n\t<span class=\"cnvs-section-title\">\n\t\t<span><strong>There are two types of Blockchain\u00a0<\/strong><\/span>\n\t<\/span>\n<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Private Blockchain:<\/strong>&nbsp;This includes all associates and partners of a particular company or organization.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Public Blockchain:<\/strong>&nbsp;All participants are limited to only reading and writing (for example, Bitcoin).&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Blockchain prevents a system&#8217;s network from dangers that pose threats to its data privacy.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The dangers are the challenges encountered by IoT, and they include;&nbsp;<\/p>\n\n\n\n<ul class=\"is-style-cnvs-list-styled wp-block-list\"><li>High cost of maintenance of IoT devices.&nbsp;<\/li><li>The problem of frequent software attacks and network breaches by hackers.&nbsp;<\/li><li>An individual outside a system&#8217;s network gains illegal access to a network consisting of multiple IoT devices.&nbsp;&nbsp;<\/li><li>Fragile encryption keys enable cybercriminals to have unauthorized access to data in the network.&nbsp; &nbsp;<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">However, the major challenge of the IoT is&nbsp;<strong>SECURITY!&nbsp;<\/strong><\/p>\n\n\n\n<h2 id=\"why-blockchain-should-be-used-to-secure-iot\" class=\"cnvs-block-section-heading cnvs-block-section-heading-1641582524812 is-style-cnvs-block-section-heading-10 halignleft\" >\n\t<span class=\"cnvs-section-title\">\n\t\t<span><strong>Why Blockchain should be used to secure IoT&nbsp;<\/strong><\/span>\n\t<\/span>\n<\/h2>\n\n\n\n<ul class=\"is-style-cnvs-list-styled wp-block-list\"><li>Blockchain ensures a working environment secured enough to avoid human or manual error with the data through encrypted identity and by tracking every activity on the network.&nbsp;<\/li><li>Blockchain helps reduce the rate of hacking and attacks in a system, which is an asset to its security.&nbsp;&nbsp;<\/li><li>Blockchain technology has been adopted to save the cost of maintaining IoT devices. It helps organizations reduce the cost of IT.&nbsp;<\/li><li>Blockchain ensures a strong level of encryption and gives multiple security layers, which makes it difficult for hackers to access.&nbsp;<\/li><li>The decentralization of Blockchain makes it easy to build trust amongst participants, in particular networks.&nbsp;<\/li><\/ul>\n\n\n\n<h2 id=\"how-blockchain-works\" class=\"cnvs-block-section-heading cnvs-block-section-heading-1641582574368 is-style-cnvs-block-section-heading-10 halignleft\" >\n\t<span class=\"cnvs-section-title\">\n\t\t<span><strong>How Blockchain works&nbsp;<\/strong><\/span>\n\t<\/span>\n<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"line-height:2\">Blockchain is a trusted way of storing transaction data; many businesses have incorporated it to trace transactions. Before a transaction is completed and added to the chain, every participant of that network is expected to authorize it. Blockchain determines what is to be trusted, and it varies between systems.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"line-height:2\">In the food industry, it was incorporated for tracking food products from their origin to their delivery destination. This was a result of various illnesses from the food people eat. So to monitor the products used in the production of the food items, Blockchain was devised as a means for tracking.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"line-height:2\">Authorized transactions are packed in a BLOCK and then sent to nodes in the network. Every subsequent block consists of a HASH, a unique fingerprint.&nbsp;<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\" style=\"line-height:2\">For more information, please visit us @GoSpeedHub on&nbsp;<a href=\"https:\/\/www.facebook.com\/gospeedhub\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>,&nbsp;<a href=\"https:\/\/www.instagram.com\/gospeedhub\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a>, and&nbsp;<a href=\"https:\/\/twitter.com\/gospeedhub\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>.<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\">Photo Credit &#8211; Pinterest <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"The Internet of Things (IoT)&nbsp;is the organization of machines, devices, and people by connecting them in a system&hellip;\n","protected":false},"author":4,"featured_media":2648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_1331110278889566212_1331110278889566212":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[252,9,22],"tags":[226,98,227,187,228,230,179,225,224,229,231,97],"class_list":["post-2647","post","type-post","status-publish","format-standard","has-post-thumbnail","category-security","category-software","category-the-future-of-tech","tag-automation","tag-blockchain","tag-cloudsecurity","tag-dataprivacy","tag-datasecurity","tag-decentralization","tag-innovation","tag-internetofthings","tag-iot","tag-iotsecurity","tag-iotsolutions","tag-technology","cs-entry","cs-video-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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