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The technological advancements in the network technologies that deal with interconnected computing devices has led to the dramatic increase in the number of Internet of Things (IoT) devices. It promises to improve the convenience of our lives by leveraging to modernize the way day to day items are connected to various elements of existence by converting it to smart object. However, with the unprecedented convenience, accessibility, and efficiency, IoT has caused acute security and privacy threats in recent years, and it must be addressed properly. Due to the massive scale and distributed nature of IoT networks, overlooking these privacy and security issues will negatively impact many elements of our existence that involves our surroundings, and these effects will influence our own masses too. The national or jurisdictional boundaries are not restricted to the centralized cloud infrastructure that provides interconnectivity of IoT items, hence maintaining robustness, authentication and security becomes crucial. Recently, the development of blockchain technology is a plausible solution to offer such features. Security, authentication, and maintenance issues can be solved by the secure decentralization of blockchain and overcome the current IoT ecosystem's drawbacks. This paper highlights the IoT features and presents a IoT security and privacy problems are examined and classified in accordance with the IoT layered architecture. Further, we explore the IoT security and privacy challenges and examine blockchain technology towards a solution that help solve many of the IoT privacy and security issues
Shweta Sinha (Fri,) studied this question.