Abstract
The rapid growth and integration of the Internet of Things (IoT) emphasizes the crucial need for effective data governance. This research unveils a novel framework, capitalizing on blockchain and smart contracts, aimed at decentralizing data governance in the IoT sphere. Our approach allows stakeholders to formulate and enforce data governance collaboratively, ensuring a balance between transparency, adaptability, and flexibility. Using the Ethereum platform and Solidity as our smart contract language, we constructed a demonstrative proof-of-concept. Our comparative evaluations highlighted our system's superiority, outpacing previous works with a scalability score of 95%, flexibility at 90%, and an unmatched transparency score of 100%. This framework presents a transformative paradigm for organizations and individuals working with IoT data, offering an efficient, transparent, and robust data governance mechanism.
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