Edge and Blockchain
Blockchain and edge computing have an interesting interdependent relationship. Edge computing/a distributed compute architecture can provide an infrastructure for blockchain nodes to store and verify transactions. On the other hand, blockchain could enable a truly open distributed cloud marketplace.
For blockchain nodes to communicate with one another, data has to travel through the entirety of the network and back, which is how traffic flows in cloud computing. An edge computing network would create mechanisms for new data flows, server-to-server, and remove the need for data to have to traverse through the core network.
Blockchain can help reduce expense and unpredictability of working Edge devices or connecting servers. Companies can use blockchain offerings to manage data from Edge devices—RFID-based assets, barcode, QR code scan events, or device information. IoT Edge devices will have the capacity to convey to blockchain-based records to update or validate communication contracts.
The concept of Edge computing using Blockchain is future of computer systems. Edge computing nodes can be seen as members of a decentralized network which provide compute, storage and networking services to end devices.
Blockchain technology enhances the security of edge computing by reducing the need for a central authority. Devices can collect information and store data on a blockchain shared among devices, without connecting to a main network.