IoT Data Sharing Platform in Web 3.0 Using Blockchain Technology

Abstract

As Internet of Things (IoT)-based systems become more prevalent in the era of data-driven intelligence, they are prone to some unprecedented challenges in terms of data security and systems scalability in an era of context-sensitive data. The current advances in IoT-driven data sensing and sharing rely on third-party sources of information (TTPs) that gather data from one party, then transmit it to the other. As a result of TTPs’ involvement, such IoT systems suffer from many issues including but not limited to security, transparency, trust, and immutability as a result of the involvement of the company. Moreover, a multitude of technical impediments, such as the computation and storage poverty of IoTs, privacy concerns, and energy efficiency, enhances the challenges for IoTs. To address these issues of IoT security, we propose a blockchain-enabled open IoT data-sharing framework based on the potential of the interplanetary file system (IPFS). We have used a case study-based approach to evaluate the proposed solution. It is submitted that the proposed scenario is implemented by building smart contracts in Solidity and deploying them on the local Ethereum test network, using the Solidity programming language. With the implementation of smart contracts on the blockchain for access roles in IoT data sensing, the proposed solution advocates for a blockchain-based approach to data security for IoT systems that makes use of smart contracts for access roles.