Читать книгу Machine Learning Approaches for Convergence of IoT and Blockchain - Группа авторов - Страница 29

In this part, we will be discussing about the IT sector. The information technology industry is also commonly known as the IT industry. It sector is one of the fastest growing sectors in India. It provides employment to major chunk of people in India. The main hubs of IT sector in India are Bangalore, Hyderabad, Gurugram, and Noida. In a cooperate office, the work flow needs to be efficient, fast, and secure. This can be obtained with the combination of blockchain, AI, and IoT, in this mode what we can do is we connect various sensors to make our work more efficient. We will be creating a network of sensors such as light sensors, motion sensor, Bluetooth, and projectors. To make an efficient work flow, we need all these variables under one umbrella. There are various programs that use Bluetooth to share data such as ShareIt and Airdrop. By interconnecting all these networks/nodes, we are creating a data sharing platform. All this data needs to be secure from a third party; this can be achieved using blockchain. For an information technology workspace, we will be using a private blockchain to secure our data from a third party. All the relevant data can only be accessed by the person authorized to. As the private blockchain is governed by a single entity, it is centralized which thereby ensures no access of data is taking place which is unnecessary. In the office environment, since we are adding various sensors such as motion sensors we are ensuring that the lights are automatically switch off when not in use, thus saving a valuable resource. At its very core, we are creating a system that is more secure efficient and user friendly than the existing one.

This model can be extremely helpful when incorporated with the banking sector. Since banks nowadays have undergone digitalization it is highly essential for such critical institutions to maintain highly secure servers. Blockchain can be an example of one such technology which can be used to securely log records in the database. All this can/cannot be encrypted as per the discretion of the bank. This technology has already been utilized in bitcoins and various other crypto currencies. The blockchain can be private or public depending upon the bank and the scope of its usage. The advantage of using public blockchain is that it is decentralized and anyone can view the transaction history creating a transparent platform for banking. Whereas the advantage of using a private block is that we can create a hub of users of only the ones who need to access the data base. The banking sector can incorporate both a public blockchain and private blockchain. The private blockchain can be used internal organization of the bank where as the public blockchain can be used in the customer interface to make the system transparent and make it easier for the customers to trust the bank.