Smart Hardware Exposed to Hacks and Data Losses

Nowadays, smart hardware such as smart bracelets, watches, doorbells and electronic locks have entered into the public’s vision, many of which are related to our lives and health. However, the data monitoring function of smart hardware is very weak, which is vulnerable to hacker attacks, such as smart locks. Hidden dangers of smart hardware have caused accidents and disputes, which blocked the development of smart hardware. Alexa sending out your private conversations to your friends on her own, Cortana that permits hackers to change your password while the screen is blocked, and Siri reading private notifications out loud — and they are just personal assistants. From vehicle systems being remotely manipulated to medical devices sending or reacting to wrong requests, the IoT may mean a world more unsafe.

At the same time, the current smart hardware with a single function and weak user’s viscosity, also restricts the development of the industry.

People are well aware of the vulnerabilities of personal devices such as smartphones, laptops, routers and other hardware, and the firms work hard to plug gaps in a never-ending catch-up game with hackers.

Smart Cities Propelling the Deployment of IoT

Municipalities around the world have realized how convenient and cost saving it can be to turn their cities “smarter”. Smart City initiatives worldwide will attract technology investments of more than $81 billion in 2018, and investment will grow to $1.2 Trillion in 2022, according to the International Data Corp. (IDC). Intelligent transportation and data-driven public safety will probably weight as the largest investment areas, but significant spending and growth in back-office and platform-related will also take a good tranche of investments, which are less often publicized, but increasingly happening behind the scenes in cities around the world.

However, all these devices will generate an increased need of cybersecurity systems in order to prevent data breaches, hacks and unauthorized operations.

It turns out though, that firms that are involved in the smart cities programs stand to gain more profit as they push to the market new sensors, each with an Internet of Things (IoT)-based connection to their own application, as well as to other related smart cities applications. The danger may as well lie at this sensor level, making the further development and deployment of IoT devices advance more slowly with more problems.

IoT and its Coming Complexity

Dynatrace’s “IoT Consumer Confidence Report: Challenges for Enterprise Cloud Monitoring on the Horizon” finds 52% of consumers worldwide are now using Internet of Things (IoT) devices, but 64% of those have already encountered performance issues. The survey says, on average, consumers experience 1.5 digital performance problems every day, and 62% of people fear the number of problems will increase due to the rise of IoT.

“The delivery chain behind every connected device is extremely complex,” explained Dave Anderson, VP marketing at Dynatrace. “Businesses are already struggling with cloud complexity, but IoT magnifies this a thousand times with sensors, masses of new data and dynamic containerised workloads”.

The blockchain + AI Ecosystem will give a Hand

While the security of smart devices is still far from being hacking proof, blockchain + AI ecosystems may help solve the pressing problem, pushing forward the development and popularity of IoT devices worldwide.

In this respect, as a technology pioneer of the industry, Bottos could provide a high-tech, comprehensive blockchain AI ecosystem that would perfectly support IoT devices Dapps. Bottos’ decentralized structure ensures the security of the Internet of Things (IoT). The distributed computing system can greatly reduce the pressure on the center’s computing and releases more possibilities of the organizational structure of the IoT, providing more space for innovation. Moreover, the decentralized approach stores the data in different nodes to ensure data security and prevent attacks such as DDOS. Besides, chaining into Bottos allows the participating parties to collaborate with multiple other parties.

Moreover, its formidable combination of blockchain and AI will create a better underlying infrastructure for IoT devices, which may contribute to easing the delivery chain and their data exchanges with possible development of analytical dedicated Dapps to harness the IoT devices full potentiality.

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