AbstractInternet of Things (IoT) has revolutionized the digital world by connecting billions of electronic devices over the internet. IoT devices play an essential role in the modern era when conventional devices become more autonomous and smart. On the one hand, high‐speed data transfer is a major issue where the 5G‐enabled environment plays an important role. On the other hand, these IoT devices transfer the data by using protocols based on centralized architecture and may cause several security issues for the data. Merging artificial intelligence to 5G wireless systems solves several issues such as autonomous robots, self‐driving vehicles, virtual reality, and engender security problems. Building trust among the network users without trusting third party authorities is the system's primary concern. Blockchain emerged as a key technology based on a distributed ledger to maintain the network's event logs. Blockchain provides a secure, decentralized, and trustless environment for IoT devices. However, integrating IoT and blockchain also has several challenges; for example, major challenge is low throughput. Currently, the ethereum blockchain network can process approximately 12 to 15 transactions per second, while IoT devices require relatively higher throughput. Therefore, blockchains are incapable of providing functionality for a 5G‐enabled IoT based network. The limiting factor of throughput in the blockchain is their network. The slow propagation of transactions and blocks in the P2P network does not allow miners and verifiers to fastly mine and verify new blocks, respectively. Therefore, network scalability is the major issue of IoT based blockchains. In this work, we solved the network scalability issue using blockchain distributed network while to increase the throughput of blockchain, this article uses the Raft consensus algorithm. Another most important issue with IoT networks is privacy. Unfortunately, the blockchain distributed ledgers are public and sensitive information is available on the network for everyone are private, but in such cases, third party editing is not possible without revealing the original contents. To solve privacy issues, we used zkLedger as a solution that is based on zero knowledge‐based cryptography.
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