THE FUTURE OF BLOCKCHAIN WITH IOT. Ama Asare

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Transcription:

THE FUTURE OF BLOCKCHAIN WITH IOT Ama Asare

user-centric, Internet-connected, complex

IOT HEADLINES Creepy IoT teddy bear leaks >2 million parents and kids voice messages [2017] IoT gadgets flooded DNS biz Dyn to take down big name websites [2016] Hackers Remotely Kill a Jeep on the Highway With Me in It [2015]

SECURITY? Time to market is a higher priority 357 companies in home automation 60% submitted data 76% < 10 employees Who focuses on security?

SECURITY? Privacy Anonymity Liability Trust

MAJOR GROUPINGS OF VULNERABILITIES LAN Trust Environment Trust Weak/No Authentication App Over-Privilege

IOT NETWORK TV

IOT NETWORK Sensor TV

IOT NETWORK Sensor TV

IOT NETWORK Sensor Relay TV

IOT NETWORK Sensor Relay TV

IOT NETWORK Sensor Relay Management Cloud TV

IOT NETWORK Sensor Relay Management Cloud TV

IOT NETWORK Sensor Relay Management User Interaction Cloud TV

ATTACK POINTS OF BREACHES (2010-2016) 30 22.5 Attack Points DoS Privacy Leakage Function Control Device Control 15 7.5 0 Actuator/Sensor Delegate/Relay User Interaction Point Attack Count

EFFECTS OF BREACHES (2010-2016) 14 10.5 DoS Privacy Leakage Function Control Device Control Effects Attack Count 7 3.5 0 2010 2011 2012 2013 2014 2015 2016

GROWTH PROJECTIONS 80,000,000,000 Connected Devices Number of Connected Devices 60,000,000,000 40,000,000,000 20,000,000,000 0 2016 2020 2025 Year

GROWTH PROJECTIONS 80,000,000,000 Number of Connected Devices 60,000,000,000 40,000,000,000 20,000,000,000 0 2016 2020 2025 Year

GROWTH PROJECTIONS 80,000,000,000 Number of Connected Devices 60,000,000,000 40,000,000,000 20,000,000,000 0 2016 2020 2025 Year

SO BLOCKCHAIN?

BLOCKCHAIN!= BITCOIN

A BLOCKCHAIN IS DISTRIBUTED LEDGER

A BLOCKCHAIN IS DISTRIBUTED LEDGER TRANSPARENCY

A BLOCKCHAIN IS DISTRIBUTED LEDGER TRANSPARENCY AUTHENTICATION

A BLOCKCHAIN IS DISTRIBUTED LEDGER TRANSPARENCY AUTHENTICATION AUDITING

BLOCKCHAIN CONSTRUCTION Block: # 1 Nonce: 29684 Data: Give Prev: 0000000000000 Hash: 00003d224234

BLOCKCHAIN CONSTRUCTION Block: # 1 Nonce: 29684 Block: # 2 Nonce: 206501 Data: Give Data: Ama Prev: 0000000000000 Prev: 00003d2242343 Hash: 00003d224234 Hash: 0000a8c0ca912

BLOCKCHAIN CONSTRUCTION Block: # 1 Nonce: 29684 Block: # 2 Nonce: 206501 Block: # 3 Nonce: 22397 Data: Give Data: Ama Data: $3 Prev: 0000000000000 Prev: 00003d2242343 Prev: 0000a8c0ca912 Hash: 00003d224234 Hash: 0000a8c0ca912 Hash: 000084343a9e

BLOCKCHAIN CONSTRUCTION Block: # 1 Nonce: 29684 Data: Give Prev: 0000000000000 Hash: 00003d2242343

BLOCKCHAIN CONSTRUCTION Block: # 1 Nonce: 29684 Block: # 2 Nonce: 206501 Data: Give Data: Sally Prev: 0000000000000 Prev: 00003d2242343 Hash: 00003d2242343 Hash: f0f33d22423437

BLOCKCHAIN CONSTRUCTION Block: # 1 Nonce: 29684 Block: # 2 Nonce: 206501 Block: # 3 Nonce: 22397 Data: Give Data: Sally Data: $3 Prev: 0000000000000 Prev: 00003d2242343 Prev: f0f33d22423437 Hash: 00003d2242343 Hash: f0f33d22423437 Hash: fd73d22423437

PROGRAMMING ON BLOCKCHAINS Platforms Ethereum, RSK Smart Contracts Not legal contracts Self executing Self enforcing Live on the blockchain Solidity

INDEPENDENCE CONSENSUS PROCESS

INDEPENDENCE CONSENSUS PROCESS

INDEPENDENCE CONSENSUS PROCESS

BLOCKCHAIN SECURITY Able to reconstruct state by itself - biggest advantage Trust is within (trustless) INDEPENDENCE Autonomous entities Fault tolerant

BLOCKCHAIN SECURITY Validation of proposed transactions Transactions are immutable CONSENSUS Tamper proof PROCESS

BETTER SECURITY ON IOT WITH BLOCKCHAIN Consortium blockchains More control as opposed to public blockchains Self enforcing smart contracts Tamperproof

BETTER SECURITY ON IOT WITH BLOCKCHAIN Security by design & default Verification of nodes on the network Verification of transactions

BETTER SECURITY ON IOT WITH BLOCKCHAIN Consensus Process: Proof of Work/ Proof of Stake Make it hard to DDOS Man-in-themiddle is obsolete

EXAMPLE: IOT & BLOCKCHAIN Monitoring secure assets using IOT devices Possible vulnerabilities Device impersonation Function control Doctored data

EXAMPLE: IOT & BLOCKCHAIN IOT device on a blockchain network Store device ID on blockchain Can function without internet Data is immutable, tamper proof, blockchain is trustless Device function is autonomous with the use of a smart contract All interested parties can verify data without need for trusted central authority

USING BLOCKCHAIN Sensors of today can handle software stacks Ethereum

CHALLENGES USING BLOCKCHAIN Still WIP Time to consensus and user experience Bitcoin takes over 2 hours Ethereum about15s Scalability A blockchain to cater to hundreds of billions of devices needs to be scalable Verifying information from outside the blockchain network

IOT DEVICES USING BLOCKCHAIN IRL

IOT DEVICES USING BLOCKCHAIN IRL Active Ingredient National & Regional Wholesalers Raw Materials Finished Drug Hospitals & Pharmacies Patients Inactive Ingredient Smaller Wholesalers

IOT DEVICES USING BLOCKCHAIN IRL

THE FUTURE IS ENDLESS Blockchain voting Sharing machinery in a community (3D printers, self driving cars) Power regulation

SOURCES Data from connected CloudPets teddy bears leaked and ransomed, exposing kids' voice messages Cloud Pets Commercial Hackers Remotely Kill a Jeep on the Highway With Me in It DDoS attack that disrupted internet was largest of its kind in history, experts say Understanding IoT Security Through the Data Crystal Ball: Where We Are Now and Where We Are Going to Be, Foundations For The Next Economic Revolution, Filament