Interledger for the Industrial Internet of Things
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A4 Artikkeli konferenssijulkaisussa
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Date
2020-01-30
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Language
en
Pages
8
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2019 IEEE 17th International Conference on Industrial Informatics (INDIN), pp. 908-915, IEEE International Conference on Industrial Informatics
Abstract
The upsurge of Industrial Internet of Things is forcing industrial information systems to enable less hierarchical information flow. The connections between humans, devices, and their digital twins are growing in numbers, creating a need for new kind of security and trust solutions. To address these needs, industries are applying distributed ledger technologies, aka blockchains. A significant number of use cases have been studied in the sectors of logistics, energy markets, smart grid security, and food safety, with frequently reported benefits in transparency, reduced costs, and disintermediation. However, distributed ledger technologies have challenges with transaction throughput, latency, and resource requirements, which render the technology unusable in many cases, particularly with constrained Internet of Things devices. To overcome these challenges within the Industrial Internet of Things, we suggest a set of interledger approaches that enable trusted information exchange across different ledgers and constrained devices. With these approaches, the technically most suitable ledger technology can be selected for each use case while simultaneously enjoying the benefits of the most widespread ledger implementations. We present state of the art for distributed ledger technologies to support the use of interledger approaches in industrial settings.Description
| openaire: EC/H2020/779984/EU//SOFIE
Keywords
Distributed Ledger Technology, Blockchain, Internet-of-Things Devices, Industrial Internet
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Citation
Nikander, P, Autiosalo, J & Paavolainen, S 2020, Interledger for the Industrial Internet of Things . in 2019 IEEE 17th International Conference on Industrial Informatics (INDIN) ., 8972167, IEEE International Conference on Industrial Informatics, IEEE, United States, pp. 908-915, IEEE International Conference on Industrial Informatics, Helsinki and Espoo, Finland, 22/07/2019 . https://doi.org/10.1109/INDIN41052.2019.8972167