A Secure and Efficient Framework for Multi-Round Data Trading Over the Internet of Artificially Intelligent Things

IoT data trading has greatly benefited the popularization of both the Internet of Things (IoT) and Artificial Intelligence of Things (AIoT). Current solutions mainly treat the dataset owned by each device as a commodity and focus on maintaining a data market. Meanwhile, inspired by recent achievements in distributed machine learning and federated learning, AIoT can actually realize its services by retaining the data locally on devices and only exchanging model parameters. However, existing IoT data trading methods fail to meet this secure and efficient process. Therefore, this article proposes a novel framework for data trading over AIoT. It allows the service provider to trade on deep learning model training instead of purchasing the full datasets. Key factors for the security issues and data pricing are addressed for the framework, including the design of the learning parameters and the comprehensive privacy concerns. Then a novel data trading strategy is proposed for the service provider to jointly maintain the model performance and the budget consumption. Evaluation results reveal the improvements on the model performance. Finally, some open problems in the design of data trading in AIoTs are discussed. © 2018 IEEE.