However, there are significant security challenges associated with peer-to-peer communication.
The decentralised concept of blockchain technology ensures transparent interactions between different parties, which are more secure and reliable thanks to distributed ledger and proof-of-work consensus algorithms. Blockchains allow trustless, peer-to-peer communication and have already proven their worth in the world of financial services. The blockchain can be implanted in IoT systems to deal with the issues of scale, trustworthiness and decentralisation, allowing billions of devices to share the same network without the need for additional resources.

This book discusses the latest tools and methodology and concepts in the decentralised Internet of Things.

Each chapter presents an in-depth investigation of the potential of blockchains in the Internet of Things, addressing the state-of-the-art in and future perspectives of the decentralised Internet of Things. Further, industry experts, researchers and academicians share their ideas and experiences relating to frontier technologies, breakthrough and innovative solutions and applications.

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