Cheat sheet: What has blockchain to do with the IoT?

JEN CLARK | December 14, 2017

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Welcome to this week’s cheat sheet, your guide to the murky mysteries of IoT-related technologies. Our last installment explored the basics of blockchain: a digital ledger where transactions and contracts can be securely recorded and distributed. But what has blockchain to do with the IoT, and how does one help the other? Let’s find out.

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IOActive is the only security consultancy with a global presence and deep expertise in hardware, software, and wetware assessments. Our mission is to make certain your enterprise is more secure in an era of pervasive and emerging threats. Passion and pride through quality client work is something money simply can't buy. IOActive has spent more than a decade searching for the required blend of characteristics and work ethic that comprise a world-class, international security services team. We are firmly committed to staying on the competitive edge and offering unrelenting value; it's something our customers have come to rely on over the years and can depend on in the future. In fact, IOActive is the only firm in our industry that offers a 100% service satisfaction guarantee.

OTHER ARTICLES

AI and IoT projects optimize industries inside and out

Article | March 11, 2020

When people think of AI, it's easy to jump to the many possible uses seen in movies -- such as accessing secret areas with biometric data or robots completing human jobs -- but applying AI realistically requires architects and administrators to understand just how flexible AI is in a business setting. Tech leaders have rapidly increased the number of AI and IoT projects in many areas of their businesses, including customer experience, data analysis and security. When organizations apply AI into these different aspects, they can more effectively process the IoT data they create and further improve their operations and products. Popular movies have made customer experience AI one of the better-known examples of AI. Ads may not be as flashy as the personally tailored ones using customer biometrics as seen in The Minority Report, but it's easy to see how organizations will get there from the online ads that use AI to give consumers offers specific to their interests. Businesses use AI that learns from data analytics on customer behavior throughout the IoT customer journey.

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How 5G Will Unlock Unseen Opportunities in Industrial IoT

Article | April 27, 2020

Manufacturing industry or the Industrial Internet of Things has been one of the driving verticals for development of 5G technologies. Wide 5G deployement for Industrial IoT has long been in the pipeline but we might expect it to be a reality very soon. The true success of 5G depends on the verticals as trends suggest that that Industrial IoT alone will triple the number of needed base stations globally. And many verticals will need efficient wireless connectivity to become successful. 5G has features that are specifically designed to address the needs of vertical sectors, such as network slicing and URLLC. The ultra-reliable low latency communications and massive machine type communications required by the IIoT will soon be realized. Table of Contents: How Will 5G Impact Industrial IoT? 5G Accelerations for IIoT Industrial 5G How Will 5G Benefit Industrial IoT? IoT is a B2B application and users just want to get actionable data from their sensors and not worry about whether it’s old data or unreliable data. I think 5G changes this dynamic significantly over the long term by standardizing and simplifying the experience and interactions, and possibly engaging more of the industry to help solve IoT’s problems but also improve the total experience. - Anshel Sag, analyst at Moor Insights & Strategy • Data-Transfer Speeds Any IoT is said to be commercially successful depending on how fast it can set up communications with other IoT devices, software based websites or applications, phones, and tablets. 5G promises exactly all of this with significant increase in transfer speeds. 5G is 10x faster than its LTE counterparts and allows IoT devices to communicate and share data faster than ever. All IoT devices will benefit from the faster speed of 5G with reduced lag and improved sending and receiving of data and notifications between connected devices. • Greater Network Reliability 5G networks also offer more reliable and stable connection which is extremely important for any IoT including devices like locks, security cameras and monitoring systems that depend on real-time updates. With reliable connectivity consumers will be the greater beneficiary. It is however, imperative for manufactures to trust and invest in 5G compatible devices to reap the benefits of high-speed connectivity, very low latency, and a greater coverage that will arrive with the next generation network. READ MORE:How Will the Emergence of 5G Affect Federated Learning? 5G Accelerations for IIoT • Diversity in Industrial IoT The opportunities that industrial IoT bring with is varied and its used cases span the spectrum from indoor to outdoor, less demanding to mission-critical, data rate from dozens of bps to gbps, device motion from fixed to mobility, and power source from button battery to high voltage. Predictive maintenance, smart metering, asset tracking, and fleet management are some of the commonly known opportunities for IIoT, which be extended further by 5G through continued diversity and expansion. • 5G Inspires Untapped Frontiers Industrial IoT application areas such as mobile robot control in production automation and autonomous vehicles in open pit mining require wide mobility, low latency and mission-critical reliability. They rely on wireless access at 50ms to 1ms latency and service reliability from 5 nines to 6 nines. Though 4G/LTE has attempted to address these areas of IIoT application it has failed due to unsatisfactory performance. With ultra-reliable and low latency connection, 5G will take industrial IoT to unconquered spaces. • Managing the Enterprise 5G Network Typically, enterprise IT is responding to the business demand from Operational Technology (OT) and mandates security, integration, visibility, control, and compatibility. In this scenario, 5G is not about “what,” but about “how”. IT needs to consider the right approach to bring 5G to the enterprise and decide whether to co-manage with the service provider (SP) or self-manage. The experience of IT in managing Industrial Ethernet and Wi-Fi may not hold when it comes to 5G. IT will likely require OT’s partnership to address complexity, security, integration, and other new challenges that 5G presents. Industrial 5G The potential for industrial 5G huge as it enables whole new business models. Industrial IoT has a core requirement of the ability to connect sensors, devices, software applications, production process, workers and consumers. The connectivity requires to be seamless vertical and horizontal integrations of all layers of automation pyramids that increases operational efficiency of the plant floor and the supply chain by optimal use of data, information and analytics. This can be improved by five key elements: • Improved Connectivity • Availability • Low Latency • Flexibility • Speed Industrial 5G will impact these areas of the manufacturing industry to guide the success of Industrial IoT. Industrial 5G will play a key role in helping industrial users achieve the goals of Industrial IoT. 5G offers wireless communications services with reduced latency, increased connection density, and improved flexibility compared to the current 4G generation. 5G technology has a theoretical downlink peak speed of 20 Gbps (gigabits per second), which is about 20 times faster than the current generation. The key is to start building IoT devices with broadly adopted operating systems, built-in security all the way down to the silicon, verifiable and updatable firmware, and mainstream application development tooling. - Anshel Sag, analyst at Moor Insights & Strategy The push and pull in achieving 5G success in IoT will be there until technology providers and end users work together to set up a consensus on standardization. The success will also depend on best-of-breed approach allowing the introduction of new technology over the lifecycle. Software and system integration will also be important attributes to a successful 5G deployment. READ MORE:How Will IoT Revolutionize Pharmaceutical Manufacturing?

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Advantages and Disadvantages of Implementing IoT in Healthcare

Article | March 17, 2020

Given such examples, the Internet of Things (IoT) is seen as a way of living a smarter and safer life and its application is highly encouraged in medical establishments. However, digital transformation in healthcare isn’t without threats. It’s important to weigh all the advantages and disadvantages of implementing IoT systems in healthcare to be able to plan for ways to maximize the pros while mitigating the cons.

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How Will IoT Revolutionize Pharmaceutical Manufacturing?

Article | April 17, 2020

Pharma is big business, but what it’s not generally recognized is, in large part, a manufacturing business with complex supply chains, finicky chemical processes and products that have to meet stringent quality controls. Few of those outside the industry think about how drugs are made safely, efficiently and at scale with reliable quality and in precisely measured doses. Even more interesting is the simple fact that pharma often produces sophisticated drugs using manufacturing processes that are decades out of date, and which are being phased out in comparable industries, such as chemical manufacturing.

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Spotlight

IOActive, Inc.

IOActive is the only security consultancy with a global presence and deep expertise in hardware, software, and wetware assessments. Our mission is to make certain your enterprise is more secure in an era of pervasive and emerging threats. Passion and pride through quality client work is something money simply can't buy. IOActive has spent more than a decade searching for the required blend of characteristics and work ethic that comprise a world-class, international security services team. We are firmly committed to staying on the competitive edge and offering unrelenting value; it's something our customers have come to rely on over the years and can depend on in the future. In fact, IOActive is the only firm in our industry that offers a 100% service satisfaction guarantee.

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