As things currently stand, there’s a strong case to be made that blockchain framework are not a good fit with embedded systems, small controlling and operating mechanisms designed for a specific purpose, and existing within a much larger electrical or mechanical system.
Sure, in theory, blockchain could thrive as a part of a larger mechanical or electrical structure, but miniature devices are supposed to work with limited computing power and battery. Anything battery-powered and low-cost will simply not have the processing capability to run a blockchain-based infrastructure.
However, that does not mean the potential isn’t there.
Let’s assume for a moment that the Bitcoin’ POW mechanism power issue could be circumvented and consider what blockchain could offer to an embedded system. It enables a verified, immutable record of actions across distributed systems with robust security capabilities that provide the entire infrastructure with both secrecy and integrity.
That could be a significant game-changer for embedded systems.
How Can Blockchain Enhance Embedded Systems
In theory, the core capabilities of blockchain can be used in many ways when it comes to embedded systems. This ranges from reliable methods of gathering sensor data to more secure command and control programs expected to take over in the case of system failure.
Logically, all embedded systems that would benefit from the blockchain technology need to have some sort of a data-oriented function. Otherwise, the need for blockchain implementation may simply not be there.
One of the most promising concepts in which the two fields in question could work together would be to make embedded systems interact with the blockchain technology through e-currency.
Such a system would be able to facilitate micropayments on behalf of the user and be part of a larger device that serves its separate purpose. Entertainment streaming devices or even smart cars would make fantastic uses of such programs.
Nevertheless, it remains to be seen if experts and coders around the globe can make blockchain-based embedded programs that meet the inherent power, performance, and functional requirements of embedded systems. Until then, there are better solutions to just about any embedded system problem than decentralized databases run by smart contracts – although all the positives blockchain can bring to the table.
The Disruptive Nature Of Blockchain-Based Systems
While embedded systems could considerably benefit from blockchain implementation, this sector is, interestingly enough, among those least expected to benefit from the rise of the blockchain popularity.
Still, in an infographic curated by the BitFortune team will introduce you to industries on the very opposite end of that spectrum. Namely, the team behind Bitfortune.net takes a close look at 16 different industries who have all started to feel the disruptive nature of the blockchain technology to some extent. The text analyzes some of the most fundamental aspects of our society, like healthcare and banking, but it also anticipates the effect the technology could have on other, less vital spheres of our life, like the music industry or crowdfunding.
Ultimately, our mission will be successful only if you get a clearer picture of the potential of blockchain’s decentralized nature. Although it’s still not developed enough, we see blockchain as the most promising innovation since the introduction of the internet.