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Toward Trust in Internet of Things (IoT) Ecosystems: Design Principles for Blockchain-Based IoT Applications

Title data

Lockl, Jannik ; Schlatt, Vincent ; Schweizer, André ; Urbach, Nils ; Harth, Natascha:
Toward Trust in Internet of Things (IoT) Ecosystems: Design Principles for Blockchain-Based IoT Applications.
In: IEEE Transactions on Engineering Management. (2020) . - 15 S..
ISSN 0018-9391
DOI: https://doi.org/10.1109/TEM.2020.2978014

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Abstract in another language

The Internet of Things (IoT) describes the concept of physical objects equipped with identifying, sensing, networking, and processing capabilities being connected to the Internet. Architectures for the IoT typically rely on transmitting data to centralized cloud servers for processing. Although cloud services are supposed to enhance the IoT in storage, computation, and communication capabilities, this approach often generates isolated data silos and requires trust in third parties operating the cloud servers, which become single points of failure. In addition, centralized cloud-based applications lack transparency and allow for undetected manipulation and concealment of IoT data. To overcome these downsides, we develop and evaluate a blockchain-based IoT sensor data logging and monitoring system, employing a design science research (DSR) approach. We show that such systems should provide modularity, data parsimony, and availability in addition to domain-specific principles. The prototype improves data integrity and availability but uncovers challenges like high operating costs through smart contract computation fees. Further, semi-structured interviews with practitioners allowed us to derive insights for developing blockchain-based IoT ecosystems and reveal that cooperation with organizations is key for transferring solutions into production. We contribute to the IoT knowledge base by providing design principles as well as managerial and technological recommendations.

Further data

Item Type: Article in a journal
Refereed: Yes
Keywords: Blockchain; IoT; Design Science Research; Prototyping; Data Security
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems Management and Strategic IT Management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professor Information Systems Management and Strategic IT Management > Professor Information Systems Management and Strategic IT Management - Univ.-Prof. Dr. Nils Urbach
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Information Systems and Value-Based Business Process Management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Information Systems and Value-Based Business Process Management > Chair Information Systems and Value-Based Business Process Management - Univ.-Prof. Dr. Maximilian Röglinger
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 13 May 2020 06:39
Last Modified: 13 May 2020 06:39
URI: https://eref.uni-bayreuth.de/id/eprint/55147