Making Knowledge Tradable in Edge-AI Enabled IoT: A Consortium Blockchain-Based Efficient and Incentive Approach

Xi Lin, Jianhua Li, Jun Wu*, Haoran Liang, Wu Yang

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

150 Citations (Scopus)


Nowadays, benefit from more powerful edge computing devices and edge artificial intelligence (edge-AI) could be introduced into Internet of Things (IoT) to find the knowledge derived from massive sensory data, such as cyber results or models of classification, and detection and prediction from physical environments. Heterogeneous edge-AI devices in IoT will generate isolated and distributed knowledge slices, thus knowledge collaboration and exchange are required to complete complex tasks in IoT intelligent applications with numerous selfish nodes. Therefore, knowledge trading is needed for paid sharing in edge-AI enabled IoT. Most existing works only focus on knowledge generation rather than trading in IoT. To address this issue, in this paper, we propose a peer-to-peer (P2P) knowledge market to make knowledge tradable in edge-AI enabled IoT. We first propose an implementation architecture of the knowledge market. Moreover, we develop a knowledge consortium blockchain for secure and efficient knowledge management and trading for the market, which includes a new cryptographic currency knowledge coin, smart contracts, and a new consensus mechanism proof of trading. Besides, a noncooperative game based knowledge pricing strategy with incentives for the market is also proposed. The security analysis and performance simulation show the security and efficiency of our knowledge market and incentive effects of knowledge pricing strategy. To the best of our knowledge, it is the first time to propose an efficient and incentive P2P knowledge market in edge-AI enabled IoT.

Original languageEnglish
Article number8716599
Pages (from-to)6367-6378
Number of pages12
JournalIEEE Transactions on Industrial Informatics
Issue number12
Publication statusPublished - 2019 Dec
Externally publishedYes


  • Consortium blockchain
  • Internet of Things (IoT)
  • edge artificial intelligence (edge-AI)
  • knowledge market
  • knowledge pricing
  • smart contract

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Information Systems
  • Computer Science Applications
  • Electrical and Electronic Engineering


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