Successful Integration of IoT and Blockchain Technologies Using Several Machine Learning Algorithms

Internet of Things (IoT) produces massive amounts of data that need to be processed and saved securely. The strong features of Blockchain makes it as a best candidate for storing the data received from IoT sensors. However, there is a need of concern to take care of the challenges associated with both IoT and blockchain paradigms. Firstly, the enormous amount of data should be effortlessly handled by Blockchain network, without adding much complexity. Secondly, the heterogeneous nature of data that are received from various IoT Sensors should be stored within the blockchain. In this paper, a conceptual framework based on Multimodal Machine Learning (MML) algorithm is proposed as an interface between the IoT sensors and Blockchain networks. The MML algorithm is used to understand the different modalities of the data and provides a way to manage the heterogeneity in that data. The MML algorithms provides an intelligent data processing that allows for real-time data storage in the blockchain networks. The conceptual frame assumes that audio, video, and text are the three types of data as received from IoT. These inputs are processed in simplistic Recurrent neural network RNN that acts as MML and then passed to Blockchain networks for secure storage. Simulation of the above said conceptual framework is performed assuming all other relevant requirements of IoT, MML and Blockchain are taken into account with default parameters and values. The results obtained provide a promising note for future scope in this direction.