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The Internet of Things (IoTs) enables coupling of digital and physical objects using worthy communication technologies and introduces a future vision where computing systems, users and objects cooperate for convenience and economic benefits. Such a vision requires seamless security, data privacy, authentication and robustness against attacks. These attributes can be introduced by blockchain, a distributed ledger that maintains an immutable log of network transactions. In this paper, we present a comprehensive review on how to remodel blockchain to the specific IoT needs in order to develop Blockchain based IoT (BIoT) applications and aim to shape a coherent picture of the current state-of-the-art efforts in this direction. After describing the basic characteristics and requirements of IoT, evolution of blockchain is presented. In this regard, we start with the fundamental working principles of blockchain …