Sensor Sharing Marketplace

Abstract

AbstractThe Internet of Things (IoT) incorporates billions of Internet-connected sensors, and the number of such IoT devices is currently growing rapidly. The proposed Sensor Sharing Marketplace (SenShaMart) permits IoT applications to find IoT sensors that are owned and managed by other parties in IoT (which we refer to as IoT sensor providers), integrate them, and pay for using their data. SenShaMart benefits include IoT senor reuse, increase of new sensor deployment by providing a revenue generation scheme for IoT sensor providers, and cost reduction for IoT application development by eliminating the need to procure and deploy their own sensors. SenShaMart incorporates a specialized blockchain that stores all information needed to describe, query, integrate, pay for, and use IoT sensors and their data. IoT applications interact with SenShaMart via a suite of services that access and manage the sensor and transaction information that is stored in the SenShaMart blockchain. This paper presents the SenShaMart architecture. It describes SenShaMart’s specialized blockchain and related services. The paper also presents remaining research problems and directions for fully realizing SenShaMart.KeywordsInternet of ThingsBlockchainIoT sensor marketplaceIoT sensor sharing