Energy consideration when integrating Blockchain with IoT for anti-counterfeit
Okoro, Emmanuel (2020)
2020
Sähkötekniikan DI-ohjelma - Degree Programme in Electrical Engineering
Tekniikan ja luonnontieteiden tiedekunta - Faculty of Engineering and Natural Sciences
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Hyväksymispäivämäärä
2020-02-12
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:tuni-201912207088
https://urn.fi/URN:NBN:fi:tuni-201912207088
Tiivistelmä
Blockchain technology has been growing in popularity after Bitcoin, the first protocol has demonstrated a strong use case of the technology in Finance. Over the years, as the technology develops more and more, other use cases for the technology which basically relies on a distributed ledger database system have been explored in areas like supply chain and Internet of Things, to help in some of the bottleneck which IoT faces, some of the challenges are security, privacy, scalability, etc.
This thesis work will consider energy consumption when integrating IoT with the Blockchain for anti-counterfeit purposes. Because there is little public academic information about the integration of Blockchain with IoT, it is very difficult to ascertain quantitatively, the energy requirement in application areas like anti-counterfeit. This thesis work has to qualitatively, rely on projects whitepapers and application documentation when comparing the energy requirement in the integration of Blockchain and IoT used for counterfeit solutions by different projects. Both private and public (open-sourced) projects were considered and resulted in two broad classifications ‘integration by brands using a unique identifier (RFID and NFC)’ and ‘integration throughout a product lifecycle’. Energy need for each project(s) in a class is considered based on the IoT hardware used and the Blockchain generation and consensus which also seems to have an impact on the implementation cost and complexity of the project.
This thesis work will consider energy consumption when integrating IoT with the Blockchain for anti-counterfeit purposes. Because there is little public academic information about the integration of Blockchain with IoT, it is very difficult to ascertain quantitatively, the energy requirement in application areas like anti-counterfeit. This thesis work has to qualitatively, rely on projects whitepapers and application documentation when comparing the energy requirement in the integration of Blockchain and IoT used for counterfeit solutions by different projects. Both private and public (open-sourced) projects were considered and resulted in two broad classifications ‘integration by brands using a unique identifier (RFID and NFC)’ and ‘integration throughout a product lifecycle’. Energy need for each project(s) in a class is considered based on the IoT hardware used and the Blockchain generation and consensus which also seems to have an impact on the implementation cost and complexity of the project.