Using blockchain technology for the IoT and satellite security

With the advancement of the internet, technology advances. Entrepreneurs and innovators are constantly coming up with new ways to change people's lives. Blockchain has been developing in fields such as finance, crowdfunding, and wealth management over the years. Developers can create newer a...

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Bibliographic Details
Main Author: Kaeselitz, Ted
Other Authors: Amal Chandran
Format: Final Year Project
Language:English
Published: Nanyang Technological University 2021
Subjects:
Online Access:https://hdl.handle.net/10356/148985
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Institution: Nanyang Technological University
Language: English
Description
Summary:With the advancement of the internet, technology advances. Entrepreneurs and innovators are constantly coming up with new ways to change people's lives. Blockchain has been developing in fields such as finance, crowdfunding, and wealth management over the years. Developers can create newer apps that improve living conditions by having easier access to programming resources. However, with technological advancements, data could be quickly accessed from anywhere in the world. As a result, there will be a stronger incentive to preserve data securely in order to avoid data theft or alteration by unauthorized individuals. In the first section, the discussion will be about how to use smart contracts and blockchain applications to store data on the blockchain. Furthermore, connectivity has advanced significantly. The globe is now more interconnected than it has ever been. Nowadays, technology is more than just machines; it also involves humans who use technology. In Internet of Things (IoT), machine-to-machine (M2M) correspondence has been inevitable. Processing can get quicker and more effective as transmission rates rise and blockchain technology will be able to set a new standard for the future. However, there are more attacks on M2M systems at the same time. As a consequence, a trustworthy and reliable authentication scheme is required. Blockchain is decentralized, highly stable and secure while remaining tamper-proof