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Internet-of-Things Marketplaces: State-of-the-Art and the Role of Distributed Ledger Technology

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Business Information Systems (BIS 2020)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 389))

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Abstract

The advent of the Internet-of-Things (IoT) generates increasing data with the majority being gathered for a single purpose and staying unused after serving this purpose. With IoT platforms, cross-domain use cases, combining data from different sources, become possible. Accordingly, the need for marketplaces to trade data arises. This paper examines existing IoT platforms to frame the current opportunities for an IoT marketplace. In a second step, it analyzes the potentials of Distributed Ledger Technology (DLT) regarding transaction costs and efficiencies. In doing so, a classification regarding the functional distribution of IoT marketplaces is developed.

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Acknowledgment

The authors received financial support of this research by the Development Bank of Saxony (SAB) and the European Social Fund (ESF) within the project S2DES.

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  1. Leipzig University, Grimmaische Straße 12, 04109, Leipzig, Germany

    Daniel Noll & Rainer Alt

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  1. Daniel Noll
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  2. Rainer Alt
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Correspondence to Daniel Noll .

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Editors and Affiliations

  1. Poznań University of Economics and Business, Poznan, Poland

    Witold Abramowicz

  2. University of Colorado, Colorado Springs, CO, USA

    Gary Klein

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Noll, D., Alt, R. (2020). Internet-of-Things Marketplaces: State-of-the-Art and the Role of Distributed Ledger Technology. In: Abramowicz, W., Klein, G. (eds) Business Information Systems. BIS 2020. Lecture Notes in Business Information Processing, vol 389. Springer, Cham. https://doi.org/10.1007/978-3-030-53337-3_25

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  • DOI: https://doi.org/10.1007/978-3-030-53337-3_25

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  • Online ISBN: 978-3-030-53337-3

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