Blockchain-Based Demand-Supply Matching System for IoT Device Data Distribution

The booming of IoT devices has attracted significant interest in data integration platforms that enable seamless utilization and control of sensor data across various applications. However, most existing platforms are centralized structure, aggregating data on specific companies' servers. This centralization raises privacy concerns and imposes limitations on data sharing with third parties. To address these challenges, this paper proposes a decentralized demand-supply matching system for IoT device data distribution using blockchain technology. The paper details the requirements for the entire matching system, including both users and IoT devices, and introduces a system concept alongside a practical implementation. Evaluation experiments conducted on a prototype system demonstrate the feasibility and effectiveness of the proposed approach.

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Publication Details

Published
2024-12-26
DOI
https://doi.org/10.5121/csit.2024.142408
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
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article

Blockchain-Based Demand-Supply Matching System for IoT Device Data Distribution

Kenta Kawai, Hiroaki Takada, Wu Yuxiao, Yutaka Matubara
Blockchain Technology Applications and Security
article

Blockchain-Based Demand-Supply Matching System for IoT Device Data Distribution

Kenta Kawai, Hiroaki Takada, Wu Yuxiao, Yutaka Matubara
article en

Abstract

The booming of IoT devices has attracted significant interest in data integration platforms that enable seamless utilization and control of sensor data across various applications. However, most existing platforms are centralized structure, aggregating data on specific companies' servers. This centralization raises privacy concerns and imposes limitations on data sharing with third parties. To address these challenges, this paper proposes a decentralized demand-supply matching system for IoT device data distribution using blockchain technology. The paper details the requirements for the entire matching system, including both users and IoT devices, and introduces a system concept alongside a practical implementation. Evaluation experiments conducted on a prototype system demonstrate the feasibility and effectiveness of the proposed approach.

Aichi University (JP), Nagoya University (JP)
Openalex Percentile: Top 62%
Blockchain Technology Applications and Security
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Blockchain-Based Demand-Supply Matching System for IoT Device Data Distribution — Kenta Kawai, Hiroaki Takada, et al. · (2024) | TGRS Research Map | TGRS