Blockchain technology for security issues and challenges in IoT

The internet of things (IoT) enabled a common operating picture (COP) across the various applications of modern day living. The COP is achieved through the advancements seen in wireless sensor network devices that were able to communicate through the network thereby exchanging information and performing various analysis. In IoT, the exchange of information and data authentication is only done through the central server there by leading to the security and privacy concerns. Chances of device spoofing, false authentication, less reliability in data sharing could happen. To address such security and privacy concerns, a central server concept is eliminated and blockchain (BC) technology is introduced as a part of IoT. This paper elaborates the possible security and privacy issues considering the component interaction in IoT and studies how the distributed ledger based blockchain (DL-BC) technology contribute to it. Applications of BC with respect to focused sectors and category were clearly studied here. Various challenges specific to IoT and IoT with BC were also discussed to understand blockchain technology contribution