Leveraging IoT and Blockchain for Autonomous Gasless Transactions in Supply Chain Systems

Доклад на английском языке The seminar presents a Proof of Concept (PoC) integrating IoT devices with blockchain technology to overcome challenges in traditional supply chain systems, such as transparency, data visibility, and security. The PoC demonstrates how IoT devices can autonomously sign transactions to the blockchain using their authenticated private keys, eliminating the need for external wallets. This innovation also leverages gasless transactions through services like Biconomy, enabling seamless blockchain interaction without incurring gas fees. By utilizing account abstraction, the approach empowers IoT devices to access sensor data, communicate securely, and autonomously update smart contracts without human intervention or risks associated with hardware failures. The gasless transactions ensure that even devices with minimal funds can interact effectively with the blockchain, making the solution both cost-efficient and practical for widespread deployment. Detailed workflows and simulation results will be presented to illustrate the practicality of this approach, demonstrating its advantages in scenarios where continuous, automated interaction with the blockchain is required through IoT devices. Дата записи: 23 октября 2024. Докладчик: Yash Madhwal, Research Scientist, Skoltech. Научный семинар организован совместными усилиями МФТИ, Сколтеха и ВШЭ и рассчитан как на специалистов в области блокчейна, так и интересующихся этим направлением исследователей. #blockchain #blockchaintechnology #блокчейн #MIPT #МФТИ #HSE #ВШЭ #Сколтех #Skoltech #DeFi #децентрализованныефинансы #tokenomics #токеномика #ponzischeme #финансоваяпирамида #mathematicalmodling #математическоемоделирование