Policy Landscape for Future Sustainable Blockchain Solutions in IoT and IIoT
Anurag Shrivastava, RVS Praveen, Mohammed I. Habelalmateen, Arti Badhoutiya, Apurv Verma, P. William
Abstract
The integration of blockchain technology with the Internet of Things (IoT) and Industrial Internet of Things (IIoT) heralds a transformative era for numerous industries by enhancing security, ensuring data integrity, and fostering trust through decentralized mechanisms. This comprehensive survey explores the convergence of blockchain solutions within IoT and IIoT frameworks, highlighting the technological advancements, security challenges, and potential attacks that characterize this evolving landscape. By scrutinizing various blockchain architectures, consensus mechanisms, and real-world applications alongside a critical examination of security threats including DoS, fuzzers, and combined assaults, the study offers an in-depth understanding of both the potential and the pitfalls of blockchain in IoT and IIoT contexts. Through analyzing performance metrics against attacks and discussing mitigation strategies, this survey aims to provide a roadmap for researchers, practitioners, and policymakers to navigate the complexities of securing blockchain-enabled IoT and IIoT systems.