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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Format: | Final Year Project |
Language: | English |
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Nanyang Technological University
2021
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Online Access: | https://hdl.handle.net/10356/148985 |
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Institution: | Nanyang Technological University |
Language: | English |
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 |
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