Hi friends, In this Today lecture from @yohan2on, I learn about how Blockchain Technology is useful for enhancing Internet of Things usage in our life.

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Thanks for making it like a wonderful lecture to us.

Explain why the future Internet of Things depends on Blockchain.

Before going Blockchain use cases in the Internet of Things, First, we need to understand the Internet of Things first. Then we easily understand how Blockchain technology plays a big role in IoT.

Internet of Things:-

Internet of Things word itself is described as Interrelated, connecting devices. Here those devices connected internally with each other and share their data also. Here for doing those activities no need for any human interaction. Those done automatically buy themself.

Examples of the Internet of Things are Self-healing machines, AR Glasses, Home Security, Smart Contact Lenses and more devices now available in the market.

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But after using those devices we getting a lot of issues in security, storage, data sharing and many more. Solving those issues is not possible to solve by using other technologies.

Only Blockchain Technology solving all those issues with minimum cost and simple set up. That's why now a lot of Internet Of Things related device producing companies start using Blockchain Technology for solving their issues.

_{Key Benefits on Using Blockchain Technology for IoT}

So slowly at end of 2019, we see Blockchain adoption in IoT devices. At first, this adoption was started by Gartner in the US. Then slowly this adoption came into the market.

But now it is in the begging stage, not fully adopted but slowly we can see Blockchain Technology in every IoT device. But it took a long time for getting complete adoption.

At present Internet of Things facing three major issues.

1. Security.

2. Cost

3. Taking huge Time for Data Sharing.

Those are big problems in the present Internet of Things. Those we can solve very easily by using Blockchain Technology.

That's why now upcoming future Internet of Things depends on Blockchain Technology. Because here they getting solutions for all their three major issues.

Usecases of Adopting Blockchain Technology for the Internet of Things:-

For adopting Blockchain Technology in IoT devices we getting a lot of other benefits along with solving their major issues. That's why now a lot of people start adopting Blockchain Technology.

Decentralization and scalability:-

In a centralised system, if any two companies handling data. For accessing and getting their needed information they facing huge issues. Because here data is not open to all. The only store in their centralized system, forgetting those they need to share those files in centralized wat, then only possible to access.

_{Decentrlization and Scalability in Blockchain}
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Here they losing their valuable time and it is costly too. In sharing process, there is a chance to lose if some data also.

This use we can solve on using Blockchain Technology. Because here data or information stored in ***Decentralized Architecture *** way, So for accessing Data from the database is very easy. It's also open to all, so at any place, we can possible get our needed data without losing our valuable time.

So here we getting high scalability along with also improving IoT Scalability.

Identity:-

By using Blockchain Technology we can verify and device very easy and avoided a lot of time for identifications.

blockchain can provide trusted distributed authentication and authorization of devices for IoT applications. Because in Blockchain each device gets uniqueness so easily identify any device here.

_{Secure digital identity with blockchain technology}

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Like those benefits, we don't get in centralized systems. Here identifying a device is not so useful. In using Barcode they will try to identify but here also not possible to reach that particular device because using Barcode they divide into groups but not possible to reach the needed device correctly.

By using Blockchain Technology they get avoided these issues very easily.

autonomy:-

Blockchain Technology empowers next-gen application features on using coding. But in the Centralized system, we don't get this facility.

For editing and updating features in a centralized system, it's not so easy. Very hard along with time-consuming.

One more thing is Blockchain Technology adopted Devices connect, without needing another server. Here for handling all those, we don't need an extra server. So here possible to reduce heavy Costs for maintaining a server

Like those issues, we resolve very easily by using Blockchain Technology.

Reliability:-

This feature we only get in Blockchain Technology. In a centralized system this feature we don't get.

On using Blockchain Technology Identifying devices, Sharing data and updating its features all becomes very easy with high reliability.

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Moreover, Blockchain technology enables sensor data traceability and accountability. That's why Reliability is the key aspect of the blockchain to bring in the IoT.

Security:-

In Blockchain Technology every action is stored in Blocks and verified using Smart Contracts. So we getting high security.

So on Adopting Blockchain Technology in IoT, Devices can share data in a smart contract way.

_{Blockchain Security}

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So not possible to theft those data or misuse or Edit by others. Because those data is encrypted and execute using a smart contract.

That's why here we get high security on sharing data between devices.

Most IoT devices are working on sensors, those we can manipulate very easily.

Those issues we can resolve on Adopting Blockchain Technology in IoT Devices.

Market of services:-

On using Blockchain Technology we accelerate IoT devices Market place eco system very easily. Because Transaction can do with other permission from an authority, and also possible to do Payments very easily.

_{Blockchain Business Cycle}

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So here is IoT interconnection and the access of IoT data in blockchain also.

That's why by adopting Blockchain Technology we can enhance IoT Market services very easily.

Secure Code Deployment:-

In Blockchain Technology data store in immutable storage, here coding also store securely.

So for editing those not so easy without authority permission not possible to edit those.

So here IoT developers get a chance to update the features of their device highest confidence.

This is another benefit we get from adopting Blockchain Technology in IoT Devices.

On considering all those features, we can say the future Internet of Things depends on Blockchain Technology most.

Filament:-

The filament is one type of Blockchain Technology. It Introduces Next-Generation Blockchain Technology designed to facilitate data transactions on industrial and enterprise machines and sensors needs.

This company was established by Allison Clift-Jennings in 2012. Their main motto is to achieving Device independence in Real World. It looks simple to hear but achieving this is not so easy.

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Filament Develop new software and Blocklet Chip for IoT Devices needs. By using those IoT devices connect each other securely and they can transfer data between them very confidential way.

For reaching this they develop new software and hardware chip. But all those who are in the Beta stage, need more hard work to reach their Goal.

Here Filament using distributed blockchain Technology with an open protocol so here Devices can process, store, and share data independently. No need for manual permission for that Task.

That's why we say here Devices get Independence for doing their activities in the real world.

Now they focusing on Energy, Automobile Industries, Green Energy and many more devices. All are in the Beta stage coming into real-world it took time.

Filament Blockchain Technology Use cases:-

Filament develops new software and hardware for IoT devices needs. Using this they can connect and transfer data through blockchain.

So on using this Filament Technology now a lot of products trying to adopting Blockchain Technology in IoT devices. From this hereby trying to illustrate some.

Autonomous vehicles:-

This is a big dream for Tech lovers on developing Autonomous Vehicles.

For creating smart cities, Autonomous vehicles play a big role to full fill this dream.

For full fill, this dream University of Nevada did the partnership with Filament. Both together now trying to produce Autonomous Vehicles using Blockchain Technology.

If it becomes True we can avoid 100% road accidents. So possible to save a lot of people lives.

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Now they working hard to succeed in this project. In this project, they mainly focus on developing LIDAR ( Light Detection and Ranging) and DSRC (dedicated short-range communications).

On using both we can monitor vehicles at 360 degrees visibility. So here we can avoid Road accidents very easily.

Remanufactured components service:-

Daimler Trucks North America (DTNA) get a partnership with Filament company on reaching their goal of Remanufactured components services.

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Both together now working hard to reach this goal. Here on using Blockchain Technology, they trying to enhance commercial vehicle maintenance services very faster and secure.

Now they can do peer to peer services very easily using Filament Blockchain Technology. Now they can provide great customer services at minimum time and cost.

Both together developing Blocklet USB device for solving present issues. Using this device now can save a lot of time and money.

Because it makes it possible for us to plug into our legacy systems and begin automating and recording the supply chain processes and transactions in a blockchain very easily.

Here Filament Blockchain playing a big role in reaching their goal.

Blocklet Mobility Platform:-

Filament recently adopt MOBI Vehicle Identity Standard(VID) on its Blocklet Mobility Platform.

Both together working hard to develop Electric Vehicles using Filament Blockchain Technology.

VID helps us to track repairs, part changes, odometer values and every interaction with the car as a hash on a public blockchain. So using this we can possible develop self-driving vehicles and ride-sharing businesses need infrastructure very easily.

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Here also for achieving this goal Filament Blockchain Technology playing a big role.

Blockchain Starter Kit:-

Filament also develops Blockchain Starter Kit for Building Industrial IoT Blockchain Applications easily.

On using this kit any organization adopt blockchain Technology very easily. Because here they get all needed hardware, software, and security protocols, plus training and technical support for their needs.

So any organization easily start adopting Blockchain Technology in their Devices as per their needs at minimum cost and Time.

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The Blocklet Kit includes the following Features.

• Blocklet solutions suite:-

In this kit, they get all the needed hardware and software setup along with Documentation. On following those instructions and organisation possible to adopt Filament Blockchain Technology very easily.

• Portable blockchain-native devices:-

They develop USB- and UART-compatible enclaves for peer to peer transactions and Data sharing through Blockchain. So we get high security on data sharing here.

• Secure economic capabilities:-

Here Filament Blocklet technology acts as a secure hardware enclave. So every Transaction store in Industrial Internet of Things (IoT) machines or devices using Blockchain.

So here they reducing Time wastage on data sharing between devices.

• Multiple blockchain platform support:-

Filament Blocklet Kit allow the organization to use multiple Blockchain Platforms for their needs.

Using this organization possible to Interacts with BigchainDB and Ethereum as well as Hyperledger Fabric and Hyperledger Sawtooth frameworks as per their wish.

• Intuitive integration tools:-

It allows the organization to develop their SDK codes. Those they can do experiments in the real world very easily and efficiently.

They can also update their software as per their needs very easily. So possible to develop their products as per future needs very easy way.

• Training and support:-

Here organizations get their needed training and customer support at every stage on adopting Filament Blockchain Technology.

Like that lot of use cases we getting from Filament Blockchain Technology.

Conslution:-

At present IoT devices suffering from handling large data, data sharing, security, scalability, and reliability like those issues. Those issues we can solve an adopting Blockchain Technology.

Because in Blockchain for handling large data is very easy. Here they get high security on data sharing also. Because all data store in a Decentralized way, so not possible to theft or edit those.

That's why now a lot of IoT organizations start adopting Blockchain Technology.

In the IoT industry, at present they using a lot of Blockchain Technologies as per their needs. From this Filament playing a big role in providing their needed Software, Hardware, Training, and support for adopting Blockchain Technology for their needs.

But at present this company website, social accounts are not active. Don't know the reason behind it. In November 2019 we get the last update from their team, then after no updates.

Hope soon they became active and develop needed Software, Hardware for IoT devices needs.

Hope I finish all given Tasks in this Homework post correctly.

Thanks For Reading My Post.