Implementation of Blockchain technology in Industry 4.0: The digital banking transactions and challenges

2021 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
N. Chitra Devi ◽  
Anitha Kumari
Keyword(s):  
Industry 4.0 ◽  
Blockchain Technology

Blockchain technology applications for Industry 4.0: A literature-based review

2021 ◽  
pp. 100027
Author(s):  
Mohd Javaid ◽  
Abid Haleem ◽  
Ravi Pratap Singh ◽  
Shahbaz Khan ◽  
Rajiv Suman
Keyword(s):  
Industry 4.0 ◽  
Blockchain Technology ◽  
Technology Applications

scholarly journals Digital Transformation, AI Applications and IoTs in Blockchain Managing Commerce Secrets: And Cybersecurity Risk Solutions in the Era of Industry 4.0 and Further

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 453-465
Author(s):  
Nguyen Dinh Trung ◽  
Dinh Tran Ngoc Huy ◽  
Le Thi Thanh Huong ◽  
Ta Van Thanh ◽  
Nguyen Thi Phuong Thanh ◽  
...  
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Data Security ◽  
Industry 4.0 ◽  
Swot Analysis ◽  
Digital Transformation ◽  
High Data ◽  
Blockchain Technology ◽  
Inductive Methods ◽  
As Relationship

Once again in this study, we emphasizes strongly on applications of mathematical solutions for industrial uses. By using qualitative analysis, synthesis and inductive methods, together with statistic data, our paper target is to analyze aspects of SWOT analysis on blockchain technology and its opportunities for various industries and sectors in emerging markets such as Vietnam. This is based on the original foundation theory indicating that blockchain tech functioned as a mathematical solutions that can be applied for solving commerce secrets, with high data security and can be used for intellectual property. Among our research results is findings on the connection between IoTs - Internet of Things and blockchain tech, as well as relationship between AI - Artificial intelligence and blockchain tech. Last but not least authors propose cybersecurity risk solutions and there are policies implications attached.

Re-designing the business organization using disruptive innovations based on blockchain-IoT integrated architecture for improving agility in future Industry 4.0

2021 ◽  
Vol 28 (5) ◽  
pp. 1883-1908 ◽  
Author(s):  
Santosh B. Rane ◽  
Yahya Abdul Majid Narvel
Keyword(s):  
Internet Of Things ◽  
Industry 4.0 ◽  
Design Methodology ◽  
Oil And Gas ◽  
Business Organization ◽  
Content Type ◽  
Disruptive Technologies ◽  
Blockchain Technology ◽  
Disruptive Innovations ◽  
Integrated Architecture

Purpose Blockchain and Internet of Things (IoT) technologies have recently gained much attention for Industry 4.0. With the emergence of disruptive technologies, it has become essential to redesign the business for innovations based on blockchain–IoT integrated architecture that helps organizations to improve agility in their operations. The paper aims to discuss this issue. Design/methodology/approach An industrial pump was Sensorized and IoTized to monitor its operations on real time and take predictive measures for managing these assets with more agility. The developed architecture was further extended for proposing the use of blockchain and how it can benefit the organization. Findings The known features of blockchain such as increasing the capacity of decentralization, trust-less transactions, security and allowing autonomous coordination of the devices along with the boons of IoT will help achieve the motto of improving agility in Industry 4.0. Originality/value This paper gives a new dimension to utilization of blockchain technology. blockchain along with IoT that gives a way forward for industries like manufacturing, oil and gas, engineering and construction, utilities, etc. to re-designing the business organization in a more agile way.

scholarly journals A Survey on the Usage of Blockchain Technology for Cyber-Threats in the Context of Industry 4.0

2020 ◽  
Vol 12 (21) ◽  
pp. 9179
Author(s):  
Sidi Boubacar ElMamy ◽  
Hichem Mrabet ◽  
Hassen Gharbi ◽  
Abderrazak Jemai ◽  
Damien Trentesaux
Keyword(s):  
Crucial Role ◽  
Industry 4.0 ◽  
Denial Of Service ◽  
Linear Structure ◽  
Cyber Attacks ◽  
Mobile Systems ◽  
Data Availability ◽  
Future Research ◽  
Cyber Threats ◽  
Blockchain Technology

A systematic review of the literature is presented related to the usage of blockchain technology (BCT) for cyber-threats in the context of Industry 4.0. BCT plays a crucial role in creating smart factories and it is recognized as a core technology that triggers a disruptive revolution in Industry 4.0. Beyond security, authentication, asset tracking and the exchange of smart contracts, BCTs allow terminals to exchange information according to mutually agreed rules within a secured manner. Consequently, BCT can play a crucial role in industrial sustainability by preserving the assets and the environment and by enhancing the quality of life of citizens. In this work, a classification of the most important cyber-attacks that occurred in the last decade in Industry 4.0 is proposed based on four classes. The latter classes cover scanning, local to remote, power of root and denial of service (DoS). BCT is also defined and various types belong to BCT are introduced and highlighted. Likewise, BCT protocols and implementations are discussed as well. BCT implementation includes linear structure and directed acyclic graph (DAG) technology. Then, a comparative study of the most relevant works based on BCT in Industry 4.0 is conducted in terms of confidentiality, integrity, availability, privacy and multifactor authentication features. Our review shows that the integration of BCT in industry can ensure data confidentiality and integrity and should be enforced to preserve data availability and privacy. Future research directions towards enforcing BCT in the industrial field by considering machine learning, 5G/6G mobile systems and new emergent technologies are presented.

scholarly journals Interoperable Blockchains for Highly-Integrated Supply Chains in Collaborative Manufacturing

Sensors ◽  
2021 ◽  
Vol 21 (15) ◽  
pp. 4955
Author(s):  
Paolo Bellavista ◽  
Christian Esposito ◽  
Luca Foschini ◽  
Carlo Giannelli ◽  
Nicola Mazzocca ◽  
...  
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Secure Computation ◽  
Collaborative Manufacturing ◽  
Blockchain Technology ◽  
Centralized Management ◽  
Smart Contract ◽  
Execution Environment ◽  
Security Guarantees ◽  
Trusted Execution Environment

Blockchain technology plays a pivotal role in the undergoing fourth industrial revolution or Industry 4.0. It is considered a tremendous boost to company digitalization; thus, considerable investments in blockchain are being made. However, there is no single blockchain technology, but various solutions exist, and they cannot interoperate with one each other. The ecosystem envisioned by the Industry 4.0 does not have centralized management or leading organization, so a single blockchain solution cannot be imposed. The various organizations hold their own blockchains, which must interoperate seamlessly. Despite some solutions for blockchain interoperability being proposed, the problem is still open. This paper aims to devise a secure solution for blockchain interoperability. The proposed approach consists of a relay scheme based on Trusted Execution Environment to provide higher security guarantees than the current literature. In particular, the proposed solution adopts an off-chain secure computation element invoked by a smart contract on a blockchain to securely communicate with its peered counterpart. A prototype has been implemented and used for the performance assessment, e.g., to measure the latency increase due to cross-blockchain interactions. The achieved and reported experimental results show that the proposed security solution introduces an additional latency that is entirely tolerable for transactions. At the same time, the usage of the Trusted Execution Environment imposes a negligible overhead.

scholarly journals Using RFID to identify smart products on a blockchain enabled production network

2021 ◽  
Vol 15 (1) ◽  
pp. 1-7
Author(s):  
Sándor Csikós ◽  
György Czifra ◽  
József Sárosi
Keyword(s):  
Production System ◽  
Industry 4.0 ◽  
Distributed Database ◽  
Production Network ◽  
Blockchain Technology ◽  
Current State ◽  
Distributed Ledger ◽  
Distributed Ledger Technology ◽  
Smart Products ◽  
New Challenges

Industry 4.0 requires the cooperation of several technologies. The intersections of these technologies present us with new challenges. One of these challenges is identification, since we have to identify all the items that are on the network that do work and those that are worked upon. If we fail to identify one of these items the network is presented with an unidentified potentially malicious device or a misidentified product which can cause production to halt. Blockchains or otherwise known as Distributed Ledger Technology, DLT for short is a technology that builds upon the current bookkeeping paradigm and expands it in a decentralized direction. This however can be used in more than just banking since it is essentially a distributed database that has memory of past events not just the current state. By using a blockchain based distributed database to hold processing details and using RFID-s as keys to certain entries in the database it is possible to build a tamper proof production system that can handle the challenges of industry 4.0. It may also be possible to use blockchain technology as a form of digital paper trail that can be used to validate messages sent to the nodes of the system.

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