CBCIoT: A Consensus Algorithm for Blockchain-Based IoT Applications

Internet of things is widely used in the current era to collect data from sensors and perform specific tasks through processing according requirements. The collected can be sent a blockchain network create secure tamper-resistant records transactions. combination with IoT has huge potential as it provide decentralized computation, storage, exchange for data. However, applications require low-latency consensus mechanism due its constraints. In this paper, CBCIoT, algorithm blockchain-based applications, proposed. primary purpose improve scalability terms validation verification rate. developed compatible devices where slight delay acceptable. simulation results show proposed algorithm’s efficiency block generation time transactions per second.