aalto1 untyped-item.component.html

Bridging the cyber and physical worlds using blockchains and smart contracts

Loading...
Thumbnail Image

Access rights

openAccess
acceptedVersion

URL

Journal Title

Journal ISSN

Volume Title

A4 Artikkeli konferenssijulkaisussa

Date

Major/Subject

Mcode

Degree programme

Language

en

Pages

6

Series

Workshop on Decentralized IoT Systems and Security

Abstract

We address the limitations of existing information security solutions when applied to the cyber-physical world. In particular, we consider the case of Internet of Things (IoT) actuation and we argue that it is hard to secure such a process. To this end, we propose a “damage control” approach, where service time is divided into slots and users perform micro-service transactions, paying essentially in advance for each one, corresponding to one service slot. Under these circumstances, in the case of service disruption, a user, in the worst case, may lose the amount of money that corresponds to a single micro-service transaction in a single time slot. We implement our solution by leveraging blockchain-based smart contracts, off-chain payments, and one-time Hash-based Message Authentication Code (HMAC) passwords. Our solution supports IoT devices with limited processing capabilities and which are not necessarily connected to the Internet. Moreover, with our solution, IoT devices do not interact directly with the blockchain. In fact, they are oblivious to the use of blockchain technology. They do not store any user-sensitive information, neither are payments made to or is value stored on the devices.

Description

| openaire: EC/H2020/779984/EU//SOFIE

Keywords

Other note

Citation

Fotiou, N, Siris, V A, Voulgaris, S, Polyzos, G C & Lagutin, D 2019, Bridging the cyber and physical worlds using blockchains and smart contracts. in Workshop on Decentralized IoT Systems and Security. Internet Society, Workshop on Decentralized IoT Systems and Security, San Diego, California, United States, 24/02/2019. https://doi.org/10.14722/diss.2019.23002

Endorsement

Review

Supplemented By

Referenced By