IOTA Viability In Healthcare Industry

Abstract

The Internet of Things is a novel paradigm which involves the increasing prevalence of objects and entities supported with identifiers and the ability to exchange the data over a network. However, with all these advantages the risk comes, as the huge number of connected devices gives hackers more entry points. Distributed Ledger Technology (DLT) can stave off security threats to Internet enabled devices by providing a distributed ledger for their functioning, thereby eliminating the central node that networks usually depend on for management by their users. Internet of Things and Application (IOTA) is a new technology designed specifically for the Internet of Things (IoT) industry which depends on the distributed ledger for storing transactions. The main contribution of this thesis is to study and run a set of test cases in healthcare industry to prove the effectiveness and viability of using IOTA in many healthcare applications using data, images or even videos. We will also do a comparative analysis with Blockchain to prove that IOTA technology could stand all odds in terms of feasibility, reliability and robust data security.