Securing Electronics Gadgets using Blockchain based Framework

The usage of electronic gadgets has grown dramatically in the current digital era. Devices like mobile phones and smart watches are unavoidable and has ingrained themselves into every person's daily routine. Almost everyone owns at least one portable electronic device and these devices are usually expensive. Due to this widespread use, there is also an increase in the number of lost or stolen cases reported. In a recent study, it has been revealed that the number of devices lost is mostly because of misplacing in public places like home, office, public transport. Such incidents will not only cause financial loss but it may also lead to data breaches stored in the portable devices. Hence there is a need for a secure eco-system which helps to identify the genuine owners of electronic devices. A blockchain-based framework is deployed on an Ethereum-based network and adopts the Proof of Stake (PoS) mechanism to protecting gadgets. Further, it is designed using the smart contract defined using solidity programming language. The system enables the owner's details to be recorded upon purchase of a device. The complete specification details of the devices along with owner details is contained in a block and then appended to network. Later on, if the owner wants to resale the device, then the transfer of ownership information is stored in a block and added to the network. The proposed system provides an appropriate interface to check the genuine owner. The proposed framework has been implemented using solidity language, Remix IDE and Sepolia testnet. Obtained results highlights the suitability of the method and its performance in terms of gas consumption and execution latency.