Empowering Autonomous IoT Devices in Blockchain through Gasless Transactions
This program is tentative and subject to change.
The article introduces a Proof of Concept (PoC) that demonstrates the management of IoT devices’ infrastructure via smart contracts, facilitating their interaction with the blockchain through gasless transactions. The focus is empowering IoT devices to autonomously sign transactions using their verified private keys, eliminating the necessity for external wallets and enabling blockchain interaction without incurring gas fees using Biconomy. In this PoC, managers can validate IoT devices, permitting them to transmit transactions securely without the ability to manipulate measurements or risk losing crypto assets in case of hardware malfunctions. This innovative method ensures that devices with minimal funds can access sensor data and communicate with a smart contract on the blockchain for updating information, utilizing account abstraction. Detailed workflow and simulation results are provided to showcase the practicality and advantages of this approach in scenarios demanding seamless, automated blockchain engagement through IoT devices. The PoC code is openly accessible on GitHub, enhancing the transparency and accessibility of our research outcomes.
This program is tentative and subject to change.
Fri 26 JulDisplayed time zone: Beijing, Chongqing, Hong Kong, Urumqi change
13:30 - 15:15 | |||
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13:45 15mPaper | Empowering Autonomous IoT Devices in Blockchain through Gasless Transactions Research Track Yash Madhwal Skolkovo Institute of Science and Technology, Yury Yanovich Skolkovo Institute of Science and Technology; Faculty of Computer Science, HSE University, Aleksandra Korotkevich HSE University, Daria Parshina HSE University, Nshteh Seropian HSE University, Stepan Gavrilov ITMO University, Alex Nikolaev Moscow Institute of Physics and Technology, S. Balachander SRM Institute of Science and Technology, A. Murugan SRM Institute of Science and Technology | ||
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