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Using innovation from block chain technology to address privacy and security problems of Internet of Things
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Industrial Marketing and Entrepreneurship.
2017 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

Internet of things (IoT) is growing at a phenomenal speed and outpacing all the

technological revolutions that occurred in the past. Together with window of opportunity

it also poses quite a few challenges. One of the most important and unresolved

challenge is vulnerability in security and privacy in IoT. This is mainly due to lack of a

global decentralized standard even though characteristically IoT is based on

distributed systems. Due to lack of standard IoT has interoperability issue between

different devices and platform suppliers which implicitly creates need of reliance on the

suppliers as they store and control user data. There is no decentralized industry wide

solution which can offer the control of user data and security back to the user. While

experts in IoT are still wondering on solving the challenge, a new Block chain

technology has surfaced in past few years and showed signs of disruptive innovation

in financial industry. This technology is decentralized, secure and private. Let alone

information, block chain innovation has proven to keep assets secure. Recently few

forms of block chains have emerged. This research will focus on analyzing the

innovative block chain technology, their characteristics specifically the types of block

chain to address the privacy and security challenges of IoT. Research proposes a new

concept of hybrid block chain as a solution to IoT security and privacy problem.

Place, publisher, year, edition, pages
2017. , p. 42
Keywords [en]
Innovation, Block chain, Privacy, Security, IoT, Hybrid
National Category
Other Engineering and Technologies not elsewhere specified
Identifiers
URN: urn:nbn:se:kth:diva-209682OAI: oai:DiVA.org:kth-209682DiVA, id: diva2:1113567
Subject / course
Entrepreneurship and Innovation Management
Educational program
Master of Science - Entrepreneurship and Innovation Management
Presentation
2017-05-29, Room 243, Lindstedtsvägen 30,, 114 28 Stockholm, 22:24 (English)
Supervisors
Examiners
Available from: 2018-02-06 Created: 2017-06-21 Last updated: 2018-02-06Bibliographically approved

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CiteExportLink to record
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