Exploring the Intersection of IoT and Blockchain: An Analysis of Security and Privacy Risks

Internet of things (IoT) is one of the leading technologies of transforming the internet into the next level. Security of IoT is becoming a major challenge and its measures of stopping these insecurities have been developing. Improving IoT security is important since IoT provides a great environment for systems in the industrial world and other several applications. The challenges need to be addressed so that consumer’s data can be safe. Measures available are to improve the protection of access by unauthorized persons, providing a safe way to transfer data, and ensuring synchronization of the system. Blockchain has also provided a safe way for IoT devices, each device is given the public key, IoT devices scramble and send the message dependent on the public key of the objective device so just the objective device can unscramble the message.