The Internet of Things (IoT) connects billions of devices, but concerns about data security and device identification have grown. This study introduces Proof of IoT (PIoT), a novel consensus method using blockchain-based smart contracts to ensure secure data transfer and device authentication in IoT networks. PIoT employs NuCypher-based security computations for authentication and data updating, ensuring only authorized parties access blockchain-recorded information. A reward-based filtering mechanism identifies malicious nodes, bolstering consensus integrity. Simulations demonstrate PIoT's superior performance compared to conventional methods, showing a 74.7% and 96.8% improvement over LPBFT and DAC4SH Consensus, respectively. PIoT enhances blockchain security under IoT by 15% compared to DAC4SH. Beyond facilitating secure IoT device communication, this approach mitigates various IoT attacks, offering a comprehensive solution to emerging IoT security challenges.
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Janani et al. (2024) studied this question.
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