IOTA’s Tangle technology is gaining recognition as a secure and scalable decentralized infrastructure across various industries, including logistics and IoT. The importance of data security in industrial systems has led to the forefront of innovation, with IOTA’s Tangle being at the forefront. Recent research conducted by the National Chung Hsing University in Taiwan has further highlighted the potential of IOTA’s Tangle in improving data security in industrial applications.
The blockchain sector has evolved in recent years, with IOTA’s Tangle offering an alternative to traditional blockchain systems. Developers have focused on implementing decentralization on a larger scale to ensure fairness and transparency for all participants in the ecosystem. The research paper released by the National Chung Hsing University specifically targets data security improvement in industrial applications through the use of IOTA’s Tangle technology. Unlike traditional blockchain systems, IOTA uses a Directed Acyclic Graph (DAG) structure known as the Tangle for transaction handling.
The Tangle allows for parallel transaction processing and eliminates the need for miners to validate transactions, making it a more scalable and energy-efficient alternative to blockchain-based systems. The research highlights data integrity and confidentiality from sensors to the Tangle, reducing transmission channels and associated risks. This breakthrough promises to revolutionize industries that rely on the Internet of Things (IoT) environment.
The integration of IOTA for transactions offers significant speed benefits in transaction verification, making it ideal for real-time IoT scenarios. For example, the risk of data tampering and loss is significantly reduced when factory sensors transmit data directly to IOTA nodes on Raspberry Pi.
In addition to data preservation, the research also identifies new opportunities for secure and efficient data management in smart factories through IOTA integration.
IOTA, like other blockchains and distributed ledgers, relies on nodes for communication. IOTA nodes can interface with the Tangle and operate as validators, verifying transactions. When data is posted to the Tangle, it is first confirmed by IOTA nodes through two Tangle transactions before being uploaded to the Tangle via IOTA nodes.
Each node in the IOTA Tangle maintains a local database or ledger that records all transactions and balances. This ledger is distributed among network nodes, creating a “distributed ledger” where each node shares a copy with others.
IOTA’s Tangle has various applications, including addressing counterfeit goods, global trade finance, data management, logistics, supply chains, and smart applications. Cornell University has also highlighted the suitability of IOTA’s Tangle technology for managing diverse voting procedures and achieving decentralization.
As industries embrace digital transformation, IOTA’s focus on microtransactions and frictionless machine-to-machine communication makes it a compelling solution for the growing IoT sector, where devices can easily monitor and report on the movement of items.