Internet of Things and Diversity of Device’s Frameworks and Architectures: Survey

Abstract

People are enamoured with the Cryptocurrencies Bitcoin and Ethereum, which have recently gained enormous popularity. The success of various Cryptocurrencies is due to blockchain. Every sector is aware of and using the advantages of blockchain. Because of the daily expansion of the technological revolution, practically everything is now done digitally. As a result, security, the most important factor, is required. Blockchain acts as a super hero by offering a protected conduit for transactions. It is a chain of blocks, as the name would imply. Digital data is referred to as a block, and the public database is referred to as a chain. It is utilized in supply chains, healthcare, property records, and other areas. The purpose of this paper to expose the implementation of the blockchain in IoT Platforms and provides an in-depth analysis of several categories of consensus protocols implemented in different blockchain systems, as well as the advantages and disadvantages of every algorithm. We additionally present an underlying comparison of several algorithms to help in better comprehend consensus protocol choosing. We elicit the IoT issues being taken into account as well as the specifics of the blockchain-based solutions.