Blockchain-Based Information Sharing Security for the Internet of Things

Abstract

The Blockchain (BCT) is the first decentralized ledger to include a trust mechanism in its design. It establishes a trustworthy framework for distributed commands by using data redundancy at several nodes. Conspicuously, the current study presents a BCT-based lightweight IoT information exchange security architecture for data exchange. The proposed technique uses a dual chain methodology, namely transaction and data BCT working together to provide distributed storage and tamper-proofing of data. Moreover, Transaction BCT is enhanced by a consensus algorithm using a practical Byzantine fault-tolerant (PBFT) mechanism. The proposed algorithm can increase data registering efficiency, transactions, and privacy protection BCT. It is deduced that local dominance can be avoided using the dynamic game strategy of node cooperation. Furthermore, by reporting the node’s global reputation value, the status of the unknown node may be approximated. The high-trust measure is utilized to adjust the weight of the affected node in the combined node-set, leading to the Bayesian equilibrium. The proposed model is validated in several experimental simulations and results are compared with state-of-the-art techniques. Based on the results, enhanced performance is registered for the proposed techniques in terms of temporal delay, statistical efficiency, reliability, and stability.