IoT Blockchain

The Use of Blockchain
to Support IoT Applications

A private blockchain is configured to perform not only user authentication but also mutual authentication between devices, generating and securely recording operation details and scenario-based IoT contracts.

We are creating a reliable ecosystem in which transaction services run across the general IoT space and the private, purpose-built objective blockchains by configuring the private and public blockchains so they are interconnected.

In an environment such as a smart home or factory, various devices equipped with sensors, which are closely interconnected using a private blockchain, can be configured to operate more safely and reliably in accordance with each other’s conditions.

Our technology serves to optimize and secure data capture, distribution and communication with clients’ preferred storage and AI systems.

Network Configuration

The IoT blockchain network is a permissioned private blockchain that is registered after being authenticated and can operate on a blockchain network. Therefore, it can be said that its personality is different from a public blockchain which has access to the network.

Enhanced Security

Integrating blockchains with the IoT makes it easy to implement confidentiality with integrity, a necessary condition for ensuring reliable connections and secure processing between devices.

The blockchain contains an ability to cope with external attacks through complex mathematical encryption of the transaction ledger contained within the block.

Decentralized Identity Solution

This solution provides trustworthiness through blockchain technologies. Even though Public verification institutions are not involved, it allows private information holders to use verification services safely.

Social effect

The solution pursues equal basic human rights by providing service access to every social member

Security effect

Removes risk factors with personal info leak, hacking, ID theft etc. by escaping centralized personal information management

Economic effect

Reduces cost involved in taxation and other welfare services and also cuts cost for users because middle men are not required

Technical effect

Sets the foundation for the 4th industry by platforms that can be integrated with other scalable technologies (Big Data, AI, AR, VR etc.)