One of the modern areas of blockchain technology application is the Internet of Things (IoT). An important component of blockchain technology is the consensus layer. It includes consensus protocols that are used to establish and maintain consensus, as well as to ensure network security, accuracy, and protection of the registry from unauthorized access. Currently, there are a large number of different consensus protocols, including those for blockchain-based IoT networks. Therefore, choosing the most suitable consensus protocol for a specific distributed ledger system, in particular, for an IoT blockchain solution, is an important task. The problem of optimal blockchain consensus mechanism selection in IoT networks can be considered a multi-criteria decision-making problem. This paper presents the step-by-step development of a conceptual model of a system of optimal consensus protocol selection for blockchain-based IoT networks. Following this step-by-step approach, the final goal is to transform the conceptual framework into a practical, adaptive, and efficient decision-making system for blockchain-based IoT networks. The obtained results can be useful for developers and researchers working in the field of blockchain technology and the Internet of Things and contribute to improving the efficiency and security of IoT networks.

One area of application for distributed ledger technologies is the Internet of Things. These technologies can provide an effective solution to many problems in this field. The consensus layer is a crucial architectural component of distributed ledger systems. Modern IoT networks place increased demands on the consensus mechanisms used in blockchain systems. There are many consensus protocols with different properties and purposes, including those for IoT blockchain networks. Selecting an appropriate consensus protocol for a specific IoT blockchain system is an important and complex task. Multi-criteria decision analysis methods are widely used in such problems, as they allow for the consideration of multiple conflicting criteria and provide a balanced approach to evaluating alternatives. Given the variability of network parameters and requirements of consensus mechanisms, multi-criteria decision-making methods can support more informed protocol selection. This paper presents a decision support framework for selecting a consensus protocol for blockchain-based Internet of Things networks. The system is an implementation of a previously developed conceptual model for a consensus protocol selection framework. A case study is also provided to demonstrate the application of the system.