kumoh national institute of technology
Networked Systems Lab.

Real-time Systems

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Midterm_Private Ethereum Blockchain for Industrial Internet of Things (IIoT)
By : Kevin Putra Dirganto
Date : 2019-04-26
Views : 1098

This paper proposes an Industrial Internet of Things (IIoT) system based on private ethereum blockchain. By using a private ethereum network, all miners and nodes should be registered in the genesis block, therefore a non-registered miner cannot access the blockchain. Two types of smart contract are deployed in each miner: general ethereum smart contract and IoTeX smart contract. Because ethereum has 12 block confirmations before the transactions happen, with a new fast consensus innovation of IoTeX it can speed up the transaction time. The implementation with private network is more secure, because only registered miners and nodes can access the blockchain, also with IoTeX smart contract is decreasing the transaction time to around seven seconds for one transaction.