What are the challenges when using blockchain in IoT?
Blockchain is a booming technology it is an Immutable distributed ledger for secure and transparent data storage and transactions. IoT is the interconnected devices that enable data exchange and automation for smarter environments.
Many experts have already cited how blockchain can secure IoT, however, Both technology together can provide numerous benefits, and developments in this area are still in progress. Also, many challenges exist in adopting blockchain in IoT. These are as follows:
Scale:
The high data volumes on the various device-connected blockchain network are generated by the transportation, energy, and health care sectors. The data can be stored by this dynamic network of devices, but retrieving the data will be difficult.struggle to handle the increased workload efficiency.
Security:
IoT and blockchain integration can increase the security of systems and equipment. Blockchain technology offers a tamper-proof, decentralized ledger. This technology shields devices and data from illegal access. It can also stop a lot of attacks. IoT devices can be authenticated and authorized using blockchain, limiting unauthorized access and making sure that only reputable devices are permitted to connect with one another.
Data Integrity:
Using blockchain technology, data integrity is possible. This can be obtained by keeping an archive of all ledger transactions. It ensures that the data cannot be altered or deleted, preventing data manipulation or tampering. For sensitive applications like healthcare or financial transactions, where data quality and integrity are critical, it can be crucial in an IoT network.
Interoperability:
Another issue with combining blockchain with IoT is interoperability. IoT devices use a variety of communication protocols to make sure all devices can effectively connect with one another. Similar to this, there are various blockchain protocols and standards.
Cost:
The total cost of integrating blockchain technology with an IoT network is very expensive. Blockchain technology needs a lot of processing power and storage, which makes it expensive to set up and maintain. In addition, integrating blockchain with the current IoT infrastructure might be expensive because it may require significant changes to the underlying architecture.
Energy consumption:
The high energy consumption of blockchain in IoT is one of the main problems. It uses a significant amount of energy to mine a block because it requires so much computing power. Blockchain technology integration may need significant energy resources and may not be feasible for low-power IoT devices because they often have limited CPU capability.
Conclusion
These emerging technology facing challenges like energy ,cost, scalable,security just a few issues. Collaboration between IoT and blockchain community stakeholders is necessary to overcome these obstacles. Need to breake this and Expect to potential IoT blockchain solution company. Clarisco provide best Blockchain IOT development services and we need more community to solve this issues.
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