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Applications of Blockchain in Industry 4.0: a Review

Yong Chen (), Yang Lu (), Larisa Bulysheva () and Mikhail Yu. Kataev ()
Additional contact information
Yong Chen: Texas A&M International University
Yang Lu: University of Central Oklahoma
Larisa Bulysheva: Old Dominion University
Mikhail Yu. Kataev: Tomsk State University of Control Systems and Radioelectronics

Information Systems Frontiers, 2024, vol. 26, issue 5, No 10, 1715-1729

Abstract: Abstract As the key component of Industry 4.0, IoT has been widely used in various fields of industry. But cloud-based data storage, computation, and communication in IoT cause many issues, such as transmission delay, single point of failure, and privacy disclosure. Moreover, the centralized access control in IoT constrains its availability and scalability. Blockchain is a decentralized, tamper-proof, trustless, transparent, and immutable append-only database. The integration of Blockchain and IoT technologies has led to robust distributed applications, including smart healthcare, smart finance, smart supply chain, smart cities, smart manufacturing, smart government, smart agriculture, smart transportation, smart education, smart e-commerce, and smart grid. Blockchain should be consolidated with 5G and artificial intelligence to tackle the challenges associated with digital transformation in Industry 4.0.

Keywords: Industry 4.0; Internet of Things (IoT); Blockchain; 5G; Artificial Intelligence (AI) (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s10796-022-10248-7

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