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Governance of a Blockchain-Enabled IoT Ecosystem: A Variable Geometry Approach.

Ikram Ullah¹, Paul J M Havinga¹

¹Pervasive Systems Group, Department of Computer Science, University of Twente Enschede, 7522 NB Enschede, The Netherlands.

Sensors (Basel, Switzerland)

|November 25, 2023

Summary

A governance framework is crucial for integrating blockchain and the Internet of Things (IoT). This research proposes a robust framework to enhance security, trust, and prevent misuse in blockchain-IoT systems.

Keywords:

EU policy European Union policy ISO International Organization for Standardization Internet of Things blockchain governance policy makers

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Area of Science:

Computer Science
Information Technology
Cybersecurity

Background:

The Internet of Things (IoT) is expanding rapidly, increasing interest in integrating blockchain technology.
Blockchain integration into IoT (blockchain-IoT systems) enhances security, transparency, trust, and privacy.
Key application domains include smart logistics, smart health, and smart cities.

Purpose of the Study:

To address the absence of a dedicated governance framework for blockchain-IoT systems.
To explore the significance of blockchain in governance and develop tailored blockchain governance.
To propose a robust governance framework for the blockchain-enabled IoT ecosystem.

Main Methods:

Literature review on blockchain and IoT governance.
Analysis of existing governance challenges and potential solutions.
Development and proposal of a novel governance framework for blockchain-IoT systems.
Case study application in smart logistics.

Main Results:

Identified the critical need for governance in blockchain-IoT systems to prevent misuse (e.g., fraud, ransomware).
Elucidated the role of blockchain within governance mechanisms.
Proposed a comprehensive governance framework tailored for blockchain-enabled IoT.

Conclusions:

A dedicated governance framework is imperative for the responsible adoption and utilization of blockchain-IoT systems.
The proposed framework aims to foster secure and trustworthy IoT landscapes.
Implementation of regulations and standardization is key to leveraging blockchain-IoT potential and preventing malicious activities.