International Business Machines Corporation
USAGE METRIC-BASED WARRANTY FOR INTERNET-OF-THINGS DEVICES

Abstract:

Methods, computer program products, and systems are presented for warranty tracking and transactions based on usage metrics by use of blockchain. The methods include, for instance: obtaining a usage report of an IoT device in a predefined format. The usage report is recorded in a blockchain network, and a warranty balance, also recorded in the blockchain network, is updated in the amount corresponding to the usage report on the IoT device. A warranty claim is resolved based on records of the usage report and the warranty balance for the IoT device as recorded in the blockchain network.