• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Cryptocurrency

How Can Blockchain Technology Help Your IoT Systems Stay Safe?

Contributor by Contributor
September 28, 2021
in Cryptocurrency, Security
Share on FacebookShare on Twitter

The current technology-based applications connect numerous systems which serve the human community a great deal. As much as the help IoT has done to ease human effort, an equal amount of threat is also available. Several transaction systems and different coordinated processes lead the entire process vulnerable too.

The pivot of the problem lies in the fact that IoT connects different systems but from one control point. And this becomes an easy target for any cyber-attack. However, there is good news for you. The custom mobile app development company offers help by integrating blockchain technology to enhance security features. This article gives a detailed outlook of the ways it can offer support to IoT systems.

How Blockchain Secures IoT Systems?

To understand this, we must realize that Blockchain is a decentralized and digital ledger. It helps to record all the transactions that happen on different computers. But the fact is, do not alter the transaction without altering the connected blocks. With the technology being decentralized, it is ideally impossible to track the coordinated blocks. If you are planning for cross-platform mobile development, then integrating with blockchain technology is a worthy pursuit. 

 

How to Integrate Blockchain with IoT Systems?

There are several ways to build IoT systems with Blockchain. It can be

  1. Public
  2. Private
  3. Permissioned by a Consortium

Any cross-platform mobile application development company will not prefer public blockchain to be used to develop applications. In this case, anyone can join and also participate in transactions. Meaning weaker security issues. Moreover, it requires a considerable amount of computational power too. 

While this is the case with the public network, the private blockchain is a peer-to-peer connection controlled by one organization. Moreover, the organization that controls can determine who can join the network. A private blockchain network 

  1. Executes a Consensus Protocol
  2. Maintains the shared ledger

This type considerably increases trust and thereby is confident enough to initiate transactions. The best part to be noted by the mobile app developers is, the private blockchain can conveniently run behind a company’s firewall. Also, it can be hosted on-premises too. 

Similarly, any business that sets up a private network will indulge in a permissioned blockchain network. They are very similar to one another. But the permissioned blockchain can permit even the public network. There is increased security in this network where the network decides the participant and permits or rejects the transaction. Any participant must seek permission to join the network in this case. 

While Blockchain technology is so popular worldwide now, there are instances where we can observe multiple organizations controlling and maintaining a blockchain network. The fact is, these organizations shall decide who can make the transaction and who cannot. This type of network is feasible where you have the utmost security system in place. All the participants need permission to join the network. 

 

So, How Does Blockchain help in Security Features otherwise

Blockchain helps in quick transactions by coordinating with millions of devices. It makes it highly impossible for any cyber-attack. Further, the elements present in every block are unique and keeps changing every second, leaving it always encrypted to be hacked. 

The authentication protocol is excellent with Blockchain, and integrating with IoT makes it the best choice for the growing cybercrimes these days. Another complex factor for the hackers is that the blockchain network can store the IoT data stored as another network layer. A hacker must break through this as well, which is close to impossible. Overwriting existing data records is cumbersome as the level of encryption is extremely exhaustive that one might even not take a chance hacking the security feature.

Ok, so what if there is a tech geek who breaks the wall? Fine, it can happen, and that’s where the blockchain security feature plays a major role. Even if the network is compromised, somehow. The reliable transparency offers to identify the data leakage. It will help take remedial measures to stop the leakage as well. Any authorized person given access to control the network can look at the transactions that have been done in the past. 

 

Author Bio

Prashant Pujara is the CEO and founder of MultiQoS Technologies Pvt. Ltd., a constantly growing golang development company that assists customers in achieving their goals. He assures customers that MultiQoS will always help them realize their full potential with the help of its top executives and its standard development plan.

Related Posts:

  • generative ai
    Generative AI Introduces New DLP Challenges
  • worldcoin
    Kenya’s Police Raids WorldCoin's Warehouse And…
  • Are Central Bank Digital Currencies A Threat To Cryptocurrencies?
    Are Central Bank Digital Currencies A Threat To…
  • Lori Systems Secured an Undisclosed Amount of Investment from Google.
    Lori Systems Secured an Undisclosed Amount of…
  • -1x-1 (7)
    Yellow Africa Reports Additional Business Capital To…
  • SPAIN-TELECOM-TECHNOLOGY
    Huawei Technologies Debuts MetaERP To Terminate…
  • hacking-passwords
    $2 billion Worth Of Cryptocurrencies Have Been…
  • GettyImages-472423454-scaled
    Data Of Over 40 Million UK Voters Exposed To Year-Long Hack

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: blockchainhardwareit systemssecurity
Contributor

Contributor

Posts by contributors. You can send in a post to be reviewed and published to info@techbooky.com

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Affiniti Raises $17M for AI-Powered Small Business Finance May 22, 2025
    • Absolute Zero’ AI Achieves Top-Level Reasoning Without Human Data May 22, 2025
    • Penfold, a Digital Pension Fintech Company Raises £3.9m May 22, 2025
    • Lagos Introduces Drone Monitoring To Increase Security May 22, 2025
    • Samsung Wallet Adds Tap-to-Transfer for P2P Payments May 22, 2025
    • MTN Launches MoMo Pay for Informal Payments Market May 22, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    Recent News

    Affiniti Raises $17M for AI-Powered Small Business Finance

    Affiniti Raises $17M for AI-Powered Small Business Finance

    May 22, 2025
    Absolute Zero’ AI Achieves Top-Level Reasoning Without Human Data

    Absolute Zero’ AI Achieves Top-Level Reasoning Without Human Data

    May 22, 2025
    Penfold, a Digital Pension Fintech Company Raises £3.9m

    Penfold, a Digital Pension Fintech Company Raises £3.9m

    May 22, 2025
    Lagos Introduces Drone Monitoring To Increase Security

    Lagos Introduces Drone Monitoring To Increase Security

    May 22, 2025
    Google Adds Anti-Theft Protection to Android Phones

    Samsung Wallet Adds Tap-to-Transfer for P2P Payments

    May 22, 2025
    MTN Launches MoMo Pay for Informal Payments Market

    MTN Launches MoMo Pay for Informal Payments Market

    May 22, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok