ABSTRACT
Blockchain has changed the view of the Internet by making the information distributed but not copied. A blockchain requires only infrastructure costs as in any other case. But it does not require any transaction cost. In the simplest form, one can define IoT as the things which are cable of sending and receiving data in the world of the Internet for controlling the device or analyzing and manipulating the data shared. Blockchain technology can be used as an effective tool for the protection of privacy and security of data in the IoT era. The major shortcoming of the current IoT architecture is “having a right and robust structure to share the data across the network” which is overcome by a blockchain which certainly creates the right and robust structure to share the data. The challenging implementation of parallel computation along with distributed processing is generally attributed to artificial intelligence applications.
