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Internet of Things, blockchain and shared economy applications
journal contribution
posted on 2023-06-09, 03:07 authored by Steve HuckleSteve Huckle, Rituparna Bhattacharya, Martin WhiteMartin White, Natalia BeloffNatalia BeloffThis paper explores how the Internet of Things and blockchain technology can benefit shared economy applications. The focus of this research is understanding how blockchain can be exploited to create decentralised, shared economy applications that allow people to monetise, securely, their things to create more wealth. Shared economy applications such as Airbnb and Uber are well-known applications, but there are many other opportunities to share in the digital economy. With the recent interest in the Internet of Things and blockchain, the opportunity exists to create a myriad of sharing applications, e.g. peer-to-peer automatic payment mechanisms, foreign exchange platforms, digital rights management and cultural heritage to name but a few. While many types of shared economy scenarios are proliferating, few of them, so far, leverage the Internet of Things and blockchain as technologies to build distributed applications. This paper discusses how we might make use of the Internet of Things and blockchains to create secure shared economy distributed applications. Presented are examples of such distributed applications in the context of an Internet of Things architecture using blockchain technology.
History
Publication status
- Published
File Version
- Published version
Journal
Procedia Computer ScienceISSN
1877-0509Publisher
ElsevierExternal DOI
Volume
98Page range
461 - 466Department affiliated with
- Engineering and Design Publications
Research groups affiliated with
- Creative Technology Publications
Notes
The 7th International Conference on Emerging Ubiquitous Systems and Pervasive Networks (EUSPN 2016)/The 6th International Conference on Current and Future Trends of Information and Communication Technologies in Healthcare (ICTH-2016)/Affiliated WorkshopsFull text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2016-09-26First Open Access (FOA) Date
2016-09-26First Compliant Deposit (FCD) Date
2016-09-26Usage metrics
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