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Cisco seeks to protect Blockchain system



Technology conglomerate Cisco Systems has proposed a blockchain system for tracking Internet of Things (IoT) devices.



20.Oct.17 2:21 PM
By Daria Zaytseva
Photo Toinnov.com

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Cisco seeks to protect Blockchain system

In a statement released by the US Patent and Trademark Office on Thursday, the technology giant outlined a blockchain platform that can identify the various connected devices, monitor their activity and assess how reliable the device is when connected to the network.

It is also reported that the system can automatically register and evaluate new devices as they are added to the network, comparing their performance with devices already on the blockchain.

The filing of applications refers to "networks with low power consumption and losses" (LLN), which usually run intelligent network type systems and can consist of sensors, according to the release. Because of their environments and overall design, these devices can suffer from security problems.

As a result, the proposed system is aimed at improving the monitoring of devices, which, according to the authors of the concept, is the "key" for the Internet of Things.

Automating the system using a blockchain is just one of Cisco's proposed solutions for efficiently adding devices to different networks.

Back in April, Cisco was one of several companies that announced an IoT protocol, which registers devices using a blockchain-compatible interface or API.




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