Work

Performance of Smart Contract-based Digital Twins for the Internet of Things

Year: 2024

Type: conference-paper

Abstract: Despite its rapid growth, the Internet of Things (IoT) still faces significant challenges related to interoperability, transparency and security. To address these issues, we propose the utilization of smart contract-based Digital Twins (DTs) "hosted" in the Hyperledger Fabric blockchain network, while leveraging the Web of Things paradigm for interoperability. Thus, our solution includes several notable features, such as decentralization, auditability and security. However, implementing DTs using Distributed Ledger Technologies (DLTs) introduces certain overheads. In this paper, we assess the feasibility and evaluate the performance of smart contract-based DTs using a set of Key Performance Indicators (KPIs). Our results demonstrate that, although DLT-induced overheads, such as latency, are present, they remain manageable for IoT use cases.

DOI: 10.1145/3702636.3703442

Authors: Chalima Dimitra Nassar Kyriakidou, Iakovos Pittaras, Athanasia Maria Papathanasiou, George Xylomenos, George C. Polyzos

Institutions: Athens University of Economics and Business, Chinese University of Hong Kong

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

OpenAlex ID: W4404742482

FWCI: 0.384

Cites: 11

Cited by: 1

Related to: 10