2019/01/23 by Nikos Fotiou, Fotiou, Nikos, George C. Polyzos +1
Computer Science · Economics, Econometrics and Finance · #Blockchain Technology Applications and Security #Computers and Society (cs.CY) #Cryptography and Security (cs.CR) #Digital Transformation in Law #FOS: Computer and information sciences
paper · pdf · doi:10.48550/arxiv.1901.10582
openalex publication_date 2019/01/23 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
With the Internet of Things (IoT), Things are expected to live in different "domains" and "contexts" during their lifetime. Information generated by and associated with Things should be manageable by multiple, diverse stakeholders accordingly. Moreover, the scope of the information related to Things can range from private and confidential to public and auditable. Identification, security, and interoperability in this vivid environment are expected to be challenging. In this paper we discuss how smart contracts and blockchain technologies create the potential for a viable solution. To this end, we present smart contract-based solutions that improve security and information management, we identify new opportunities and challenges, and we provide security recommendations and guidelines.