Towards Data Storage, Availability and Scalability with the Aid of Blockchain

Advent of Internet of things (IoT) and the increase of induced data from IoT’s ecosystem has led towards an exponential increase in data storage in the cloud. IoT provides a quick and easy access to the data and hence maintaining the security of data is of paramount importance. In this sensitive scenario, blockchain plays a crucial role in securing and preventing the data from being tempered or forged. Besides, all this demand of scaling up of data in each sector is increasing due to increased amount of data required in market. This paper presents a novel system architecture to visualize a means to store data with scalability as well as availability with the security of blockchain in sync. Furthermore, this paper explains the inevitability of blockchain in solving today’s security issues and provides future research directions in this context.