Internet of Things devices often face significant security risks, such as vulnerabilities to cyber attacks and data integrity issues. This thesis aims to address these challenges by integrating blockchain technology and Internet of Things (IoT).
Our initial idea was to modify the Bitcoin Core to create a lightweight blockchain solution suitable for IoT environment; however, due to its complexity, we found this approach too complicated and impractical.
After researching and analyzing suitable solutions, we chose IoTeX for its scalability, efficiency and security features tailored to IoT applications.
Using W3bstream framework, we developed a DePIN (Decentralized Physical Infrastructure Network) application for a secure, decentralized environmental monitoring ecosystem that incentivizes users with token rewards for contributing captured sensor data, ensuring a reliable and scalable network.
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