Professor Bhaskar Krishnamachari: Blockchain Technology and its Discontentsīlockchain and related technologies have created a lot of excitement and there are many innovative ideas in the air to apply them to various domains. Finally, CCI researchers are also exploring the use of blockchain-based abstractions to enable trusted distributed middleware and application layer services. Further, CCI researchers are also exploring how blockchain-based tokens can be used for micro-transactions providing access to IoT data and for reserving edge computing resources. Researchers at the USC Viterbi Center for Cyber-Physical Systems and the Internet of Things (CCI) are exploring these applications of blockchain. In many IoT application domains including smart-grid, smart buildings, mobile-health, education, and smart cities, there is a need for trusted interaction between heterogeneous individuals and organizations that can be enabled through both permission-less (public) and permissioned blockchain technologies. The ongoing IoT revolution is connecting various types of devices including various types of sensors and actuators with in-network edge and cloud-based intelligence to understand and control systems in many applications.
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