Open AccessA Distributed Fewer Environment for the Use of Blockchain IoT Device Sharing
Author(s) -
K. Sundaramoorthy,
E. Thenmozhi,
R. Josphineleela,
S. Suma Christal Mary,
T. Shanmugapriya
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1964/4/042079
Subject(s) - data sharing , computer science , transaction data , data exchange , computer security , currency , internet of things , payment , architecture , publicity , blockchain , the internet , digital currency , trusted third party , virtual currency , database transaction , world wide web , business , database , medicine , art , alternative medicine , pathology , marketing , monetary economics , economics , visual arts
Due to the fact that the data markets become ubiquitous, it also becomes apparent that Internet of Things (IoT) applications produce data sources that are of benefit for future third party users. We are creating a marketplace for IoT data sources, allowing any pair of data providers and customers to participate in data transactions without any previous dependence on the shared trusts, to unlock those possible utility. We have a marketplace and architecture for the exchanging of streaming data, ranging from data publicity to legally binding exchange deals and payments. We prove that we can give participants an interchange of costs between the transactional data exchange and the possibility of loss of data when trading through unreliable third parties, through the use of blockchained technologies and smart contracts, in particular. On a test platform using Crypto currency Smart Contracts, we analyze these agreements experimentally.