BLOCKCHAIN RESEARCH LAB
Funding Agency : AICTE, New Delhi under “Research Promotion Scheme”.
Funding Amount : Rs.7,13,998/- (Rs.7.13 Lakhs).
Project Sanction No : File No. 8-102/FDC/RPS/ POLICY–1/2021-22.
Project Title : Blockchain and Smart Contract Combined Security Model to Achieve Veracity in IOT.
Project Period : 2021-2024.
Principal Investigator: Dr.S.Nandagopal, Principal, Nandha College of Technology.
Co- Principal Investigator: Mr.K.S.Muralikrishnan, Assistant Professor, Computer Science and Engineering.
DESCRIPTION
- Crucial and highly protected data will be maintained in a very secured manner by the introduction of smart contract in block chain technology and veracity of IOT is also managed.
- Managing IOT services for handling sensor data with the help of encrypted transaction records. It is very hard to hack because each record is connected to the previous and subsequent records on a distributed ledger, hackers would have to alter the entire chain to change a single record.