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Trends in Electrical Engineering Review Article

Advancing IoT Security through Blockchain-based Approaches

  1. Ahmed Abubakar Aliyu Department of Secure Computing, College of Computing Engineering and Sciences

Abstract

The emergence of blockchain technology has revolutionized various industries, including the Internet of Things (IoT), by providing a decentralized and secure platform for data management and transaction processing. However, securing IoT devices and networks remains a significant challenge due to inherent vulnerabilities and the increasing sophistication of cyberattacks. Blockchain-based security approaches have shown promise in addressing these challenges, yet their adoption is hindered by a lack of comprehensive taxonomy and systematic studies on their architectural design and effectiveness. A standardized taxonomy for blockchain-based security is essential for effectively comparing and evaluating different solutions, facilitating the identification of the most suitable approaches for specific IoT scenarios. Additionally, systematic studies on the architectural design of these security approaches are crucial for understanding the trade-offs between security, performance, and scalability. Empirical evaluations are needed to rigorously assess the effectiveness of blockchain-based security solutions against various attack vectors and performance benchmarks, guiding their optimization for IoT applications. Addressing these gaps in the current literature is critical for advancing the adoption and effectiveness of blockchain-based security approaches in the IoT domain. This paper proposes a comprehensive taxonomy, systematic architectural studies, and empirical evaluations to provide a solid foundation for selecting, designing, and implementing secure and efficient blockchain-based solutions tailored to the specific needs of IoT applications. These efforts will enhance the security, performance, and scalability of IoT systems, fostering greater confidence in blockchain technology's role in securing the IoT ecosystem.

Keywords

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