Securing and Automating IoT Devices using Blockchain - Smart Light Grid

Most of the Internet of Thing’s (IoT) devices are Deployed in Centralized Way as of Today. This System is exposed to many issues: scalability, high overall costing, privacy concerns, security risks and lack of potential functional values. Blockchains decentralization nature can be a perfect solution for this concern. First Blockchain is Elastic enough to solve the Scalability issue with cost effective solution. Second It Retains Data in the most efficient way of integrity and immutability and Third Blockchain with its Smart Contract has Huge Potential in Automating and Intercommunicating with Devices with Functional Values.