Kazım Rıfat Özyılmaz

Kazım Rıfat Özyılmaz, Mehmet Doğan, Arda Yurdakul

Today, Internet of Things (IoT) devices are the powerhouse of data generation with their ever-increasing numbers and widespread penetration. Similarly, artificial intelligence (AI) and machine learning (ML) solutions are getting integrated to all kinds of services, making products significantly more "smarter". The centerpiece of these technologies is "data". IoT device vendors should be able keep up with the increased throughput and come up with new business models. On the other hand, AI/ML solutions will produce better results if training data is diverse and plentiful. In this paper, we propose a blockchain-based, decentralized and trustless data marketplace where IoT device vendors and AI/ML solution providers may interact and collaborate. By facilitating a transparent data exchange platform, access to consented data will be democratized and the variety of services targeting end-users will increase. Proposed data marketplace is implemented as a smart contract on Ethereum blockchain and Swarm is used as the distributed storage platform.

Kazım Rıfat Özyılmaz, Arda Yurdakul

Today, the number of IoT devices in all aspects of life is exponentially increasing. The cities we are living in are getting smarter and informing us about our surroundings in a contextual manner. However, there lay significant challenges of deploying, managing and collecting data from these devices, in addition to the problem of storing and mining that data for higher-quality IoT services. Blockchain technology, even in today's nascent form, contains the pillars to create a common, distributed, trustless and autonomous infrastructure system. This paper describes a standardized IoT infrastructure; where data is stored on a DDOS-resistant, fault-tolerant, distributed storage service and data access is managed by a decentralized, trustless blockchain. The illustrated system used LoRa as the emerging network technology, Swarm as the distributed data storage and Ethereum as the blockchain platform. Such a data backend will ensure high availability with minimal security risks while replacing traditional backend systems with a single "smart contract".