Conferences and supporting programme
Why Should an IoT Sensor Maker Care About the Blockchain?
In the future, sensor data will be transferred to the cloud for processing in complicated IoT architectures. In this talk I will explain the advantages of a blockchain network structure for this information distribution as compared to a centralized database in Industrial IoT applications. The data from edge sensors (e.g. cameras) is transferred to the smart contracts on the blockchain through an intermediary called an Oracle. I will use examples from the Ethereum chain. I also explain the problems associated with trying to keep the system free from 'Trusted-Third-Parties' both to keep costs down and to keep the system verifiable and trustworthy. Problems with the trustworthiness of the data will be described, as well as possible solutions.
--- Date: 28.02.2019 Time: 16:00 - 16:30 Location: Conference Counter NCC Ost