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VeChain Advances Sensor Networks with PoA Protocol for Fast, Secure Transactions

source-logo  crypto-news-flash.com 28 June 2024 12:35, UTC
  • VeChain’s proof-of-authority protocol provides an efficient security mechanism for creating a trusted network that underpins wireless sensory networks.
  • Network nodes rely on VeChainThor to securely exchange and verify information, with blockchain providing decentralized consensus and data integrity.

VeChain’s blockchain solutions have been implemented in every other sector, from healthcare and supply chain management to sustainability and carbon credits trading. The latest is sensor networks, with VeChainThor providing a secure and efficient platform for network nodes to exchange and verify information.

Wireless sensor networks, or WSNs, combine wireless communication, sensing, and computation. According to the latest research published in the Journal of Scientific & Industrial Research, blockchain technology can elevate WSNs, guaranteeing “uprightness and reliability of sensor hub estimations.”

🌐 #VeChain (#VET) Tech revolutionizes wireless networks by providing a secure, tamper-proof data exchange mechanism through blockchain technology. It enhances trust and efficiency in Wireless Sensor Networks (WSNs) by mitigating common security issues like unauthorized access… pic.twitter.com/A0pU2iwakn

— Collin Brown (@CollinBrownXRP) June 28, 2024

In their paper, researchers from three leading universities in India noted that blockchain could also improve the security of WSNs by mitigating malicious attacks, offering enhanced resilience to network communication and transmission. They noted:

The blockchain takes into account straightforward and unchanging records of information trades inside the organization, empowering the recognizable proof of any strange or unapproved exercises.

Utilizing blockchain also contributes to optimized storage—with its decentralized ledger technology, blockchain distributes data to multiple nodes in the network, eliminating the need for a central database.

“The integration of blockchain and biometrics in a WSN allows for secure and efficient library management. Blockchain technology ensures transparency, immutability, and data morality, enabling reliable tracking of book borrowing and returning,” the researchers added.

Can VeChain Transform Wireless Sensor Networks?

To appreciate what VeChain can do for WSNs, we need to understand these networks and their functions.

WSNs are self-configured networks made up of sensor nodes that are configured to monitor an array of parameters. The nodes operate independently, communicate wirelessly and are distributed randomly; collectively, they form a WSN network.

Each node is individually equipped with technology to monitor a given parameter, including radio frequency receivers, microcontrollers, a power source, and a memory that makes wireless communication possible.

WSNs are applied in diverse fields, ranging from the Internet of Things to surveillance and threat detection, medical applications to agriculture.

Clearly, WSNs offer great value in the modern interconnected world and will become even more powerful once fully combined with AI. While they may be secure as individual units, they become vulnerable when communicating in the WSN network, where third parties can intercept and manipulate the information.

This is where blockchain comes in. Decentralized node infrastructure ensures that there’s no single point of weakness, while the tamper-proof ledger protects against cybercriminals.

“Blockchain Mechanism in a WSN is a decentralized and transparent system that confirms data integrity and security by storing and verifying the sensor data across multiple nodes,” the researchers noted in their paper.

VeChain has established its position as a leader in novel DLT use cases that require a scalable, efficient, and cost-effective network. VeChainThor would be one of the most efficient networks on which to build this vision of decentralized WSNs.

Meanwhile, VET trades at $0.02618, gaining 1.2% in the past day as volume surged by nearly 10%. However, the token has still been down 27% in the past month.

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