What is IoT with Blockchain?

IBM Watson IoT™ Platform enables IoT devices to send data to private blockchain ledgers for inclusion in shared transactions with tamper-resistant records. The distributed replication of IBM Blockchain enables your business partners to access and supply IoT data without the need for central control and management. All business partners can verify each transaction, preventing disputes and ensuring each partner is held accountable for their individual roles in the overall transaction.


IoT data


Watson IoT Platform

Connect, manage, analyze


IBM Blockchain (Powered by Hyperledger)

Smart contracts, transaction blocks, shared ledger

Business network

  • IBM Blockchain provides the private blockchain infrastructure of distributed peers that replicates the device data and validates the transaction through secure contracts.

  • Watson IoT Platform translates existing device data, from one or more device types, into the format needed by the blockchain contract APIs. The blockchain contract doesn’t need to know the specifics of your device data.

  • Watson IoT Platform filters device events and sends only the required data to the contract.

  • IBM IoT Lab Services offers a set of customized service engagements, enabling you to experiment and innovate with the IBM Watson IoT Platform and blockchain technologies.

Integrate Watson IoT Platform with Blockchain

The Watson IoT Platform has a built-in capability that lets you add selected IoT data to a private blockchain. The protected data is shared among only the business partners involved with the transaction.

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Integrate Watson IoT Platform with Blockchain

Leveraging blockchain for your IoT data opens up new ways of automating business processes among your partners without setting up a complex and expensive centralized IT infrastructure. The data protection provided by blockchain ensures faster resolution of breached contracts, stronger working relationship with your partners, and greater efficiency as partners learn they can rely on the information provided.

Use cases

 

Freight transportation

Move freight with multiple transport companies, ensuring transparency and timely delivery.

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Freight Transportation

Moving freight is a complex process involving different parties with different priorities. An IoT-enabled blockchain can store the temperatures, position, arrival times and status of shipping containers as they move through the system. Indelible blockchain transactions ensure that all parties can trust the data and take action to move the product quickly and efficiently.

With IBM Blockchain, you can be confident that contractual obligations are met all along the road.
 

Component tracking and compliance

Store provenance records for the original and replacement parts of your fleet vehicles.

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Component tracking and compliance

The ability to track the components that go into an aircraft, automobile, or other vehicle is critical both for safety and regulatory compliance. IoT data stored in shared blockchain ledgers enables all parties to see component provenance throughout the vehicle’s life. Sharing this information with regulatory agencies, shippers, manufacturers and so on is secure, easy, and cost-effective.

Use IoT and blockchain as a shared ledger to maintain an accurate and indelible history of your critical components.
 

Log operational maintenance data

Store operational and maintenance records in the indelible blockchain ledger for sharing among business partners or for regulatory purposes.

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Log operational maintenance data

IoT devices track the state of safety of critical machines and their maintenance in your organization. From aircraft engines to elevators blockchain provides for a tamper-free ledger of operational data and the resulting maintenance. Third-party repair partners can monitor the blockchain for preventive maintenance and record their work back on the blockchain. Operational records can also be shared with government entities to verify compliance.

Use IBM Blockchain as a shared ledger to provide a record of operational data and maintenance.
 

Start your IoT with blockchain project

IoT Lab Services can help you discover use cases and related business priorities, and explore IoT with blockchain as an emerging technology. Learn more about our offerings and solutions today.

Contact IBM

Contact IBM