Liberalization of Digital Twins of IoT-Enabled Home Appliances via Blockchains and Absolute Ownership Rights

Abstract

IoT-enabled home appliances are still in their infancy, especially from the perspective of customers, which hinders widespread market penetration. To relieve this skeptical attitude of customers toward IoT appliances, it is important to design human-centric business models rather than corporate-centric ones. IoT ecosystems that make use of cognitive outputs from the social network of things can assist in the establishment of such business models. The contributions of this article are twofold. First, we propose a reference model that grants the absolute ownership of the fog-located digital twin (DT) of a home appliance to its owner and promotes human-centric services and applications on this twin by utilizing blockchains (BCs) and BC-enabled clouds. Second, by enabling customers to have absolute ownership rights over the fog-located DTs, the model paves the way for the liberalization of DTs as well as the appliances coupled to them, which is an important step in revealing the true value that underlies human-centricity and things-to-things collaboration.