Blockchain in IoT - PowerPoint PPT Presentation

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Blockchain in IoT

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PPT describe the use of Blockchain in IoT – PowerPoint PPT presentation

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Title: Blockchain in IoT


1
BENEFITS AND CHALLENGES OF
BLOCKCHAIN IN IOT DEVELOPMENT
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2
  • Contents
  • What is Blockchain?
  • How Blockchain works?
  • Applications of Blockchain
  • Blockchain History
  • Blockchain in IoT
  • Benefits of Blockchain in IoT
  • Challenges for Blockchain in IoT

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3
What is Blockchain Technology?
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4
How
Blockchain
works?
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5
Applications of Blockchain
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6
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7
Blockchain in IoT
Blockchain in IoT
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8
Benefits for Blockchain in IoT
  • Build Trust
  • Build trust between parties and devices
  • Reduce risk of collusion and tampering
  • Reduce Costs
  • Reduce costs by removing overhead associated with
    middlemen and intermediaries
  • Accelerate transactions
  • Reduce settlement time from days to near
    instantaneous

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9
Challenges for Blockchain in IoT
Vendor Risks
Vendor Risks
  • Scalability issues
  • Processing power and time
  • Storage will be a hurdle

Credential Security
Legal and Compliance
Credential Security
Legal and Compliance
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10
Want to know more about
Blockchain in IoT?
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11
Thank You!
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