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Distributed Ledger Technology

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Intelligent Internet of Things

Abstract

Distributed ledger technology (DLT) has attracted tremendous attention from industry and academia. A wide scope of research and product development activities have emerged in recent years and are expected to impact every aspect of our lives. This chapter covers prominent DLTs and their applications. The chapter focuses on blockchain and directed acyclic graphs (DAGs). Applications discussed include finance, healthcare, identity management, supply chain, and energy. The chapter also discusses the Internet of Things (IoT), the weaknesses of current IoT system implementations, and how blockchain and IoT can be integrated to overcome the weaknesses of IoT. The chapter also touches on token economics and enterprise-level DLT applications. Finally, the vulnerabilities of blockchain are discussed.

The chains of habit are too weak to be felt until they are too strong to be broken.

Samuel Johnson

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Author information

Authors and Affiliations

  1. Kwantlen Polytechnic University, Surrey, BC, Canada

    Xing Liu

  2. Shahid Beheshti University, Tehran, Iran

    Bahar Farahani

  3. Department of ECE, Duke University, Durham, NC, USA

    Farshad Firouzi

Authors
  1. Xing Liu
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  2. Bahar Farahani
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  3. Farshad Firouzi
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Corresponding author

Correspondence to Xing Liu .

Editor information

Editors and Affiliations

  1. Department of ECE, Duke University, Durham, NC, USA

    Farshad Firouzi

  2. Department of ECE, Duke University, Durham, NC, USA

    Krishnendu Chakrabarty

  3. Radyalis LLC, Austin, TX, USA

    Sani Nassif

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Liu, X., Farahani, B., Firouzi, F. (2020). Distributed Ledger Technology. In: Firouzi, F., Chakrabarty, K., Nassif, S. (eds) Intelligent Internet of Things. Springer, Cham. https://doi.org/10.1007/978-3-030-30367-9_8

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  • DOI: https://doi.org/10.1007/978-3-030-30367-9_8

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-30366-2

  • Online ISBN: 978-3-030-30367-9

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