Machine Learning Approaches for Convergence of IoT and Blockchain. Группа авторов

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Название Machine Learning Approaches for Convergence of IoT and Blockchain
Автор произведения Группа авторов
Жанр Программы
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Издательство Программы
Год выпуска 0
isbn 9781119761877



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life at stake. Specialization and accuracy form its foundation. In any condition ranging from minor discomfort, fever to emergencies such as a fracture or heart attack are all taken care of by this sector. The composition of the services it provides covers prevention, diagnosis, treatment, and medical rehabilitation. Herein, it is essential to keep accurate and updated records of the available drugs as in case a patient requires its administration it must be available and should be well within its shelf life. Hospitals need to maintain proper records of the patient who have been treated and store case history along with the treatment provided to any individual. For patients suffering from a chronic disease, case history must be available in case the patient is brought in emergency. This industry also performs surgeries and transplants in keeping with procedures to cure or lengthen the life span of the patients. In this process, certain highly specialized surgeries are sometimes conducted which require sophisticated equipment and knowledge.

      1.2.5 Military

      1.2.6 IT Industry

      IT industry stands for Information and technology industry [2]. IT sector has been majorly responsible for transforming India into a global economy since we have received multiple outsourced and mediated technology-based work contracts. These are the companies that provide us with computing solutions as well as other hardware and software applications such as Intel, Hcl, and Apple. Utilization of computers for storage, transmission, manipulation and retrieval of data or information is the basis of this type of industry. This sector has gained advancement and has enlarged considerably in our country over the last few years, generating employment for a huge chunk of the population and also contributing to the country’s overall economy. The major IT hubs in India are Bangalore, Chennai, Noida, and Hyderabad. The initial wave of the IT industry that we see today was first established when the government set up the Software Technology Parks of India (STPI) in the early 90s. Let us consider a day-to-day life scenario as an example to understand the services and features of the IT industry. So, consider that a person is facing trouble with the signal strength on his mobile device. He will convey his problem to the customer care service that the network company offers. They will then work toward tracing the cause of inconvenience, if it is a faulty sim card or a trouble with the signal tower of that area and then work for providing a solution at the earliest possible. Network provider is one type of industry that comes under the IT sector; many such companies exist under this sector functioning under the umbrella of information and technology.

Schematic illustration of the blockchain technology.

      Although every user in the network has access to all the blocks, not complete knowledge of any transaction or activity may be gained by all users. The details of all transactions are encrypted. For examples, if user A buys apples from user B via this network, the other users can know that there has been a transaction but would not attain all details, i.e., they may know that there has been a transaction but may not know that is was held for the exchange of apples. Most of the platforms or services that we use today be it Facebook or Google are centralized in nature and they have a lot of control in terms of privacy, and you may not be willing to give any one entity access to all your data. So, blockchain technology overcomes this concern where no one node or entity can have monotonous control or access to any piece of information.