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Could blockchain be the key to IoT security?

A framework has been published showing how blockchain technology can be used to enhance the security, privacy and manageability of IoT devices and networks.

Blockchain technology – the basis of the Bitcoin currency – is a method of recording data, a digital ledger of transaction, agreements and contracts which is distributed across several hundreds or even thousands of computer around the world.

Paul Fremantle, of the University of Plymouth’s School of Computing, analysed more than 50 systems for managing the Internet of Things (IoT), and found a large majority had no support for security or privacy, and few implemented robust controls. Read more…