Biblio

Transacting IoT data must be different in many from traditional approaches in order to build much-needed trust in data marketplaces, trust that will be the key to their sustainability. Data generated internally to an organization is usually not enough to remain competitive, enhance customer experiences, or improve strategic decision-making. In this paper, we propose a decentralized and trustless architecture through the posting of trade records while including the transaction process on distributed ledgers. This approach can efficiently enhance the degree of transparency, as all contract-oriented interactions will be written on-chain. Storage via an end-to-end encrypted message channel allows transmitting and accessing trusted data streams over distributed ledgers regardless of the size or cost of the device, while simultaneously making a verifiable Auth-compliant request to the platform. Furthermore, the platform will complete matching, trading and refunding processes with-out human intervention, and it also protects the rights of data providers and consumers through trading policies which apply revolutionary game theory to the machine economy.

The Internet of Things (IoT) era envisions billions of interconnected devices capable of providing new interactions between the physical and digital worlds, offering new range of content and services. At the fundamental level, IoT nodes are physical devices that exist in the real world, consisting of networking, sensor, and processing components. Some application examples include mobile and pervasive computing or sensor nets, and require distributed device deployment that feed information into databases for exploitation. While the data can be centralized, there are advantages, such as system resiliency and security to adopting a decentralized architecture that pushes the computation and storage to the network edge and onto IoT devices. However, these devices tend to be much more limited in computation power than traditional racked servers. This research explores using the Cassandra distributed database on IoT-representative device specifications. Experiments conducted on both virtual machines and Raspberry Pi's to simulate IoT devices, examined latency issues with network compression, processing workloads, and various memory and node configurations in laboratory settings. We demonstrate that distributed databases are feasible on Raspberry Pi's as IoT representative devices and show findings that may help in application design.