Distributed Ledger Technology and the Internet of Things: A Feasibility Study

Atis Elsts, Efstathios Mitskas, George Oikonomou

Research output: Chapter in Book/Report/Conference proceedingConference Contribution (Conference Proceeding)

12 Citations (Scopus)
236 Downloads (Pure)

Abstract

Distributed Ledger Technologies have promising applications in the Internet of Things. However, scalability and support for micropayments remain problems for blockchain-based applications, therefore other alternatives such as IOTA should be considered. This work reports on an experimental evaluation of IOTA on several different IoT platforms. We show that even though the communication overhead to join the IOTA network can be significantly reduced by adapting a proxy-based architecture, the computational overhead remains high. We conclude that IOTA is not currently suitable for battery-powered IoT devices.
Original languageEnglish
Title of host publication Proceedings of the 1st Workshop on Blockchain-enabled Networked Sensor Systems
PublisherAssociation for Computing Machinery (ACM)
Pages7-12
Number of pages6
ISBN (Electronic)978-1-4503-6050-0
DOIs
Publication statusPublished - 4 Nov 2018

Structured keywords

  • Digital Health

Keywords

  • Distributed Ledger Technologies
  • Internet of Things

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  • Projects

    SPHERE (EPSRC IRC)

    Craddock, I. J., Coyle, D. T., Flach, P. A., Kaleshi, D., Mirmehdi, M., Piechocki, R. J., Stark, B. H., Ascione, R., Ashburn, A. M., Burnett, M. E., Aldamen, D., Gooberman-Hill, R. J. S., Harwin, W. S., Hilton, G., Holderbaum, W., Holley, A. P., Manchester, V. A., Meller, B. J., Stack, E. & Gilchrist, I. D.

    1/10/1330/09/18

    Project: Research, Parent

    Prizes

    Best paper award

    Elsts, Atis (Recipient), Efstathios Mitskas (Recipient) & Oikonomou, George (Recipient), Nov 2018

    Prize: Prizes, Medals, Awards and Grants

    Cite this

    Elsts, A., Mitskas, E., & Oikonomou, G. (2018). Distributed Ledger Technology and the Internet of Things: A Feasibility Study. In Proceedings of the 1st Workshop on Blockchain-enabled Networked Sensor Systems (pp. 7-12). Association for Computing Machinery (ACM). https://doi.org/10.1145/3282278.3282280