The document presents a discussion on the integration of blockchain technology with the Internet of Things (IoT), outlining key concepts such as blockchain's structure, its applications, and related challenges and benefits. It emphasizes the potential for blockchain to enhance transactions, automation through smart contracts, and create transparency within IoT systems. The document concludes with inquiries regarding potential business cases and the applicability of blockchain technology.

1. How do Blockchain and
Internet Of Things Match?
Presenter: Bob Peters
Blog: www.embedwise.com
Email: bob@embedwise.com

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3. Conclusion
• Have an idea about Blockchain
• How Blockchain can be used in combination with IoT
• (Money) Transactions
• Smart contracts
• Challenges
• Benefits
• Discussion
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4. Introduction
• Bob Peters
• Embedded System Enthusiast
• Master in Embedded Systems (TUe)
• Internet of Things
• bRemote Beehive monitoring system, www.bRemote.eu
• Embedded system/software development (Consultant)
• Blog: www.embedwise.com
• Email: bob@embedwise.com
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5. Blockchain – A short introduction
• https://www.youtube.com/watch?v=WiRFuHXHBhk [2:07]
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6. What is Blockchain?
• Blockchain
• Ledger
• Consensus algorithm
• Means to perform changes on the ledger
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7. The chain of transactions
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Reference: Satoshi Nakamoto (2008), Bitcoin: A Peer-to-Peer Electronic Cash System, 2008

8. Consensus System
• Double spent problem
• Proof-of-work consensus
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9. Transactions / Smart contracts
• Register transactions and contracts
• Automated contract enforcement
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10. Applications blockchain
• Currency: Bitcoin
• Payment systems: Bitpay
• Digital Assets Nasdaq
• Identity: Blockstack (formerly known as Onename)
• Verifiable Data: Proof of Existence
• Smart contracts: Ethereum
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11. Blockchain and Internet of Things
• Logistic chain condition monitoring
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Reference: http://www.ibm.com/internet-of-things/iot-news/announcements/private-blockchain/

12. Blockchain and Internet of Things
cont’d
• A car as a service
• Electricity network (Smart City)
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13. Challenges
• Number of transactions
• Proposed workarounds are tested
• Processing power / energy consumption
• Change in thinking about business models
• Cost development upfront
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14. Benefits
• Remove third party
• Transparency and immutability
• Faster transactions
• Lower transaction costs
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15. Conclusion
• Have an idea about Blockchain
• How Blockchain can be used in combination with IoT
• (Money) Transactions
• Smart contracts
• Challenges
• Benefits
• Discussion
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16. Discussion / Questions?
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• Which business cases can you think of?
• Is blockchain technology something for you?
• What positive / negative aspects do you see?

17. Thank you
Presenter: Bob Peters
Blog: www.embedwise.com
Email: bob@embedwise.com
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18. Sources
• https://bitcoin.org/en/bitcoin-paper
• developer.ibm.com/tv/convergence-iot-blockchain/
• dataconomy.com/wtf-is-the-blockchain-a-guide-for-total-
beginners/
• https://en.bitcoin.it/wiki/Weaknesses
• https://techcrunch.com/2016/06/28/decentralizing-iot-networks-
through-blockchain
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