Addressing Scalability and Latency Issues in Blockchain-Based IoT Applications

Blockchain technology holds significant potential for IoT applications with blockchain’s decentralized security system and transparency measures. The study outlines the increasing challenges of scalability and latency for blockchain applications in IoT. By investigating the key reasons for the evolving issues of latency and scalability within the specific context of Blockchain-based IoT operations, the study evaluates the potential solutions for improving IoT applications. Through a comprehensive review of blockchain in IoT based on its performance, the significant areas for optimizations have been explored in the study.