Securing the Internet of Things using Blockchain Convergence

Prof. Ahmed Banafa, Academic Advisor at San Jose University based in the USA participates in Risk Roundup to discuss Securing the Internet of Things using Blockchain Convergence. Securing the Internet of Things using Blockchain Convergence Managing security risks associated with the “Internet of Things” (IoT) is complex and challenging.  This is mainly because each piece or thing in the IoT and throughout the IoT ecosystem brings complex technical and non-technical requirements, that bring its own set of security gaps and vulnerabilities. This makes securing IoT very complex. Irrespective of whether it is public or private, for an effective IoT ecosystem, all IoT devices must work together and be integrated with all other devices– and all these devices must communicate and interact seamlessly with all other connected systems and digital infrastructures. This is by no means an easy chain of events from the security perspective. As nations move towards creating the Internet of Everything (IoE) ecosystem that benefits from the accelerating paradigm shift, there are more questions than answers when it comes to IoT Security. While the Internet of Things has great promise, security challenges must be tackled before these systems are widely embraced. So, how can we secure the IoT digital infrastructure? It seems that blockchain technology brings a promising potential for IoT security. The ongoing blockchain and Internet of things convergence is giving the IoT community a promise of securing its digital infrastructure in cyberspace, geospace, and space (CGS). While the promise of blockchain and IoT convergence is here, the fundamental fact remains that, developing security solutions for the Internet of Things requires unprecedented collaboration, coordination, connectivity, and convergence. Blockchain presents a secured promise for the future of IoT. While the promise of Blockchain and the Internet of Things convergence is here, the fact remains that, developing security solutions for the Internet of Things requires unprecedented collaboration, coordination, connectivity, and convergence. It is time to take a closer look at Securing the Internet of Things using Blockchain Convergence. For more please watch the Risk Roundup Webcast or hear the Risk Roundup Podcast About the Guest Prof. Ahmed Banafa is the academic advisor for engineering students at San Jose University based in the USA. He is also the technical and business advisor for student’s start-ups from inception to market introduction and teaches at The College of Engineering. He has published over 80 articles about IoT, Cloud Computing, and Big Data. He is a guest speaker at international technology conferences. About Risk Group Risk Group is a leading strategic security risk research and reporting organization. Copyright Risk Group LLC. All Rights Reserved Reference Episodes: The Rise of Initial Coin Offering (ICOs)- Risks and RewardsEmerging Technologies GeopoliticsCashless Economy – Risks & RewardsProtecting CryptocurrencyBlockchain based Insurance Model for Managing Aging Infrastructure RisksSmart Contracts – Risks & RewardsBlockchain & Machine Learning Based Content PlatformBlockchain Based Risk TransferBlockchain Revolution – Risks & RewardsThe Convergence of Blockchain and Internet of ThingsBlockchain Applications for Emerging EconomiesBlockchain based Creative Content CollaborationApplications of Blockchain TechnologyWhat Should Bankers Know About Financial TechnologyBlockchain based Network SecurityDigital Transformation of Financial IndustryWill Blockchain Secure the Internet of Things The post Securing the Internet of Things using Blockchain Convergence appeared first on Risk Group.