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Build Secure IoT Solutions Using... Blockchain - Geeta Chauhan

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Geeta Chauhan

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Build Secure IoT Solutions Using... Blockchain - Geeta Chauhan

  1. 1. Build Secure IoT solutions Using… Blockchain October, 2016 Geeta Chauhan
  2. 2. Agenda • IoT - rising security attack surface • Blockchain to rescue • Case Studies • Where to start?
  3. 3. IoT Security Challenges • Straight out of a James Bond movie plot • Target – HVAC, POS security breach Cost ~$300 Million • Gartner 5.5 Million Devices Connected per day • Hacking via Baby monitoring • Car brought to halt on freeway • Insulin pump hacked with deadly dose release
  4. 4. What is Blockchain? • An Immutable record of digital events shared peer to peer between different parties • Distributed Ledger • Open + Trust + Secure • Replaces MIDDLEMAN • Bitcoin  Smart Contracts  DApps, DAOs Source: Economist.com
  5. 5. Blockchain + IoT => Secure IoT • Secure Identity • Transparency • Smart Contracts • Decentralized Source: IBM.com
  6. 6. Use Cases • Slock.it – Secure Airbnb • ElectricChain.org Solar electricity generation data • Drone delivery for medicines via secure window • Food safety enforcement Sensors + GPS Source: Slock.it
  7. 7. Smart Contract • Self-enforcing programmatic contracts • EtherScripter: Timed house rental
  8. 8. ElectriCChain.org • 7 Million • Solar electricity generation data • Open Source • SolarCoin Source: ElectriCChain.org
  9. 9. Where to start? • Ethereum Smart Contracts http://www.ethereum.org • IBM Watson IoT http://www.ibm.com/internet-of- things/iot-news/announcements/private-blockchain/ • Filament https://filament.com/technology/ For more details contact geeta@sustinnova.com
  10. 10. Questions

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