A Lightweight Ledger-Based Points Transfer System for Application-Oriented LPWAN

Along with the rapid development of IoT technology, Low power wide area network (LPWAN) has become the primary technology for IoT access today due to its characteristics of low cost, low power consumption, long-distance, and mass connections. At the same time, the points transfer system, as a typical third-party payment application, is attracting more and more extensive attention from academia and industry. Therefore, the research and development of a points transfer system for LPWAN are of great practical importance. However, the current points transfer systems often face problems such as centralization, high requirements on node computing power, and low robustness, which are difficult to adapt to the development of IoT. To address these problems, we propose a lightweight ledger-based points transfer system for application-oriented LPWAN. The system enables the points transfer between tags in LPWAN, where both tags and nodes are limited. Furthermore, it can be utilized even in disaster situations. Experimental results show that our proposed system is intensely robust and has a lower processing time than Bitcoin-like systems to cope with LPWAN's requirement.