IoT and Blockchain – Edge computing opportunity

 Fix the Current State of IoT!

One of the biggest issues with IoT is security. Companies like CISCO, AT&T, IBM, Hitachi, DELL …. Who obviously need to be on the forefront of IoT, will need to address this concern.   IoT devices reach directly out onto the Internet, communicate M2M, receive instructions and deliver information. The newer smarter devices have a lot of functionality and protection built into their designs … But there are tens of millions of older devices, and devices that are not fully integrated with newer IoT functionality that remain at risk. The idea is to use edge computing hardware in front of these devices to make them secure using Blockchain services.

 

Looking at how to Blockchain enable IoT

Network vendors can leverage edge capabilities on their routers and hubs, where the functionality can be used to not only enhance the local devices’ interface, but their communications can be updated as IoT protocols evolve.   Cisco is already built edge capabilities for their endpoint devices: Their ability to do analytics right at the data sources will be a huge advantage.  So will be the ability to service and allow customers to take advantage of internet enabled devices that don’t have secure IoT functionality, and provide that functionality at the router.  It is also a place for added protection; which is a growing concern for many remotely controlled machinery.

 

Safer IoT Communications!

With Blockchain, there is a serious opportunity to provide IoT functionality securely to the growing millions of IoT (smart and simpler devices).   It isn’t enough to appear as a trusted source, you also need trusted validation between the receiving/controlling data collection service and the remote devices. Creating a tight and fully protected environment for new and legacy devices is a business opportunity, that is for sure.