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Paper Abstract and Keywords
Presentation 2020-11-27 11:20
Feasibility Study of Micropayment on IoT device
Ryota Nakada, Kien Nguyen, Hiroo Sekiya (Chiba Univ.) CQ2020-57
Abstract (in Japanese) (See Japanese page) 
(in English) There is an increasing demand for using micropayment, a small amount of electronic payment of several yen or tens of yen, such as IoT applications. That type of payment method can be enabled by cryptocurrency and distributed ledger technology. However, conventional cryptocurrency, such as Bitcoin, faces several challenges, including transaction fees and latency. IOTA, a new type of cryptocurrency, potentially achieves the microtransaction. IOTA does not require a mining process and can do transactions without fee at high speed. In this work, we implement a micropayment system using IOTA and evaluate its feasibility on an emulator and IoT devices (i.e., Raspberry Pi). Moreover, we measure and compare the delay values in the systems. On the emulator systems using mininet-Wifi and IoT devices, we have successfully confirmed the micropayment with IOTA. For the latency comparison, the IoT device with less computing power has longer latency due to the heavier hash calculation task.
Keyword (in Japanese) (See Japanese page) 
(in English) IoT / IOTA / Blockchain / / / / /  
Reference Info. IEICE Tech. Rep., vol. 120, no. 258, CQ2020-57, pp. 56-61, Nov. 2020.
Paper # CQ2020-57 
Date of Issue 2020-11-19 (CQ) 
ISSN Print edition: ISSN 0913-5685  Online edition: ISSN 2432-6380
All rights are reserved and no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Notwithstanding, instructors are permitted to photocopy isolated articles for noncommercial classroom use without fee. (License No.: 10GA0019/12GB0052/13GB0056/17GB0034/18GB0034)
Download PDF CQ2020-57

Conference Information
Committee NS ICM CQ NV  
Conference Date 2020-11-26 - 2020-11-27 
Place (in Japanese) (See Japanese page) 
Place (in English) Online 
Topics (in Japanese) (See Japanese page) 
Topics (in English) Network quality, Network measurement/management, Network virtualization, Network service, Blockchain, Security, Network intelligence, etc. 
Paper Information
Registration To CQ 
Conference Code 2020-11-NS-ICM-CQ-NV 
Language Japanese 
Title (in Japanese) (See Japanese page) 
Sub Title (in Japanese) (See Japanese page) 
Title (in English) Feasibility Study of Micropayment on IoT device 
Sub Title (in English)  
Keyword(1) IoT  
Keyword(2) IOTA  
Keyword(3) Blockchain  
1st Author's Name Ryota Nakada  
1st Author's Affiliation Chiba Univercity (Chiba Univ.)
2nd Author's Name Kien Nguyen  
2nd Author's Affiliation Chiba Univercity (Chiba Univ.)
3rd Author's Name Hiroo Sekiya  
3rd Author's Affiliation Chiba Univercity (Chiba Univ.)
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Speaker Author-1 
Date Time 2020-11-27 11:20:00 
Presentation Time 25 minutes 
Registration for CQ 
Paper # CQ2020-57 
Volume (vol) vol.120 
Number (no) no.258 
Page pp.56-61 
Date of Issue 2020-11-19 (CQ) 

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