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Industry 4.0 Business-Oriented Blockchain Design Decision Tree

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Blockchain and Applications, 5th International Congress (BLOCKCHAIN 2023)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 778))

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Abstract

Industry 4.0 integrates IoT and robotics to create smart factories that work together seamlessly. However, this integration requires secure and efficient data management systems. Blockchain is a distributed ledger technology that stores data in a secure and transparent manner via cryptography mechanisms. Since the release of Bitcoin, it has gained popularity in finance, but its potential applications in other sectors such as Industry 4.0 is vast. In Industry 4.0, blockchain can revolutionize businesses by improving transparency, efficiency, and security. However, developing an adequate blockchain for Industry 4.0 business mechanisms requires a specific approach. In this paper, we propose a decision tree for designing a well-suited blockchain solution for business-oriented Industry 4.0 that takes into account the requirements of the aforementioned field.

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Notes

  1. 1.

    https://tinyurl.com/blockchaindecisiontree.

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Acknowledgements

This work has been financed by The European commission through the Horizon Europe program under the IDUNN project (grant agreement number 101021911).

Author information

Authors and Affiliations

  1. Ikerlan Technology Research Centre, 20500, Arrasate-Mondragon, Spain

    Denis Stefanescu, Leticia Montalvillo & Aitor Urbieta

  2. University of the Basque Country (UPV/EHU), 48013, Bilbao, Spain

    Denis Stefanescu & Juanjo Unzilla

  3. Entrii, 46024, Valencia, Spain

    Patxi Galán-García

Authors
  1. Denis Stefanescu
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  2. Leticia Montalvillo
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  3. Patxi Galán-García
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  4. Juanjo Unzilla
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  5. Aitor Urbieta
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Corresponding author

Correspondence to Denis Stefanescu .

Editor information

Editors and Affiliations

  1. Universidade do Minho, Braga, Portugal

    José Manuel Machado

  2. BISITE research group, University of Salamanca, Salamanca, Spain

    Javier Prieto

  3. Guarda Polytechnic Institute, Guarda, Portugal

    Paulo Vieira

  4. Universidade do Minho, Braga, Portugal

    Hugo Peixoto

  5. Universidade do Minho, Braga, Portugal

    António Abelha

  6. Científicas, ITEFI, Instituto de Física Aplicada, Consejo Superior de Investigaciones, Madrid, Spain

    David Arroyo

  7. Pappelallee, IOTA Foundation, Berlin, Germany

    Luigi Vigneri

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Stefanescu, D., Montalvillo, L., Galán-García, P., Unzilla, J., Urbieta, A. (2023). Industry 4.0 Business-Oriented Blockchain Design Decision Tree. In: Machado, J.M., et al. Blockchain and Applications, 5th International Congress. BLOCKCHAIN 2023. Lecture Notes in Networks and Systems, vol 778. Springer, Cham. https://doi.org/10.1007/978-3-031-45155-3_12

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