Leveraging blockchain technologies for the internet of things.
summary
Argues that blockchains can secure machine-to-machine IoT interactions by running Ethereum smart contracts on constrained hardware, using the Go geth implementation to run on ARM (Raspberry Pi) with transaction finality around ~10 seconds vs Bitcoin’s 10 minutes. Shows a working blinker demo and references a CES proof-of-concept where a washing machine auto-orders detergent via on-chain payments; notes mining’s costly proof-of-work, points to IBM ADEPT, Chain of Things and BigchainDB as alternative architectures and tradeoffs.
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chapters (7)
- 0:00Introduction and background
- 10:45Bitcoin and blockchain basics
- 17:12Ethereum and smart contracts
- 20:24Blockchain for IoT challenges
- 23:13IoT blockchain use cases
- 26:47Real-world IoT blockchain projects
- 27:53Q&A and closing
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