Build Secure IoT solutions

Using…

Blockchain

October, 2016

Geeta Chauhan

Agenda

• IoT - rising security attack surface

• Blockchain to rescue

• Case Studies

• Where to start?

IoT Security Challenges

• Straight out of a James Bond movie plot

• Target – HVAC, POS security breach Cost~$300 Million

• Gartner 5.5 Million Devices Connected per day

• Hacking via Baby monitoring

• Car brought to halt on freeway

• Insulin pump hacked with deadly dose release

What is Blockchain?

• An Immutable record of

digital events shared peer

to peer between different

parties

• Distributed Ledger

• Open + Trust + Secure

• Replaces MIDDLEMAN

• Bitcoin Smart Contracts

DApps, DAOsSource: Economist.com

Blockchain + IoT => Secure IoT

• Secure

Identity

• Transparency

• Smart

Contracts

• Decentralized

Source: IBM.com

Use Cases

• Slock.it – Secure Airbnb

• ElectricChain.org Solar

electricity generation data

• Drone delivery for

medicines via secure

window

• Food safety enforcement

Sensors + GPSSource: Slock.it

Smart Contract

• Self-enforcing

programmatic

contracts

• EtherScripter:

Timed house

rental

ElectriCChain.org

• 7 Million

• Solar

electricity

generation

data

• Open

Source

• SolarCoin

Source: ElectriCChain.org

Where to start?

• Ethereum Smart Contracts http://www.ethereum.org

• IBM Watson IoT http://www.ibm.com/internet-of-

things/iot-news/announcements/private-blockchain/

• Filament https://filament.com/technology/

For more details contact

geeta@sustinnova.com

Questions