LoRaCoin: Towards a blockchain-based platform for managing LoRa devices

We propose LoRaCoin, a decentralized blockchainbased service to manage the generation and storage of sensor data generated by IoT devices. A novel feature of LoRaCoin is that it rewards both IoT devices that generate data and gateways that offer the Internet connectivity to the sensor nodes. With such double rewards, LoRaCoin aims to incentivize individuals to host sensor nodes and gateways and contribute to the growing need of the society for environmental monitoring applications.