Blockchain and Industry 4.0: Overview, Convergence, and Analysis

Silva, Thiago Bueno da; Morais, Everton S. de; Almeida, Luiz Felipe Fernandes de; Righi, Rodrigo da Rosa; Alberti, Antônio Marcos

doi:10.1007/978-981-15-1137-0_2

Cited by 26 publications

(10 citation statements)

References 14 publications

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“…Limited expertise in information and technology (CFC1) is the second most important challenge, which proves to be a stumbling block in closing the loops of the food supply chain. This is in line with the results of Kumar et al (2022), Silva et al (2020), Kamilaris et al (2019), as they have also confirmed that for the successful implementation of circular practices in making the food supply chain sustainable technological immaturity turns out to be the crucial barrier. It is the reason why Industry 4.0 revolution is lacking in India.…”

Section: Resultssupporting

confidence: 88%

Inclusion of circular economy practices in the food supply chain: Challenges and possibilities for reducing food wastage in emerging economies like India

Ardra

Barua

2022

Environ Dev Sustain

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In the context of the food supply chain, the UN sustainable goals of 2030 aim at reducing food wastage by fifty percent. Developed countries have started taking steps, but there is little or no sign of progress toward reaching the goal for emerging economies. One such sustainable approach is incorporating circular practices in the food supply chain. A total of 15 barriers to the closed-loop food supply chain were identified through extensive literature review and expert opinions. Further ranking of barriers was done, and a causal relationship among them was built using the Grey DEMATEL methodology. It was found that traceability issues, limited expertise in information and technology, poor logistic network design, and high installation and operational cost of updated facilities were the most influential factors. Sensitivity analysis was also performed to check the robustness of the framework. This study will assist managers in forming the policies and looking after the factors ranked higher. While modeling the framework for their company, they can implement the changes to overcome the challenges of closing the loop. It will also help government regulations in setting regulations for the organization with the aim of encouraging clean practices.

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Section: Resultssupporting

confidence: 88%

Inclusion of circular economy practices in the food supply chain: Challenges and possibilities for reducing food wastage in emerging economies like India

Ardra

Barua

2022

Environ Dev Sustain

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“…Several recent research works present blockchain as one of the technologies which enable and empower Industry 4.0 [122][123][124][125]. Blockchain can boost and normalize the process of data collection, decentralize the tremendous effort involved in examining and analyzing industrial data, and drive the most useful judgments and decisions based on the learning achieved from the aforementioned operations [126]. Production processes become very trackable, as every step can be documented on a block chain, and errors are easier to identify.…”

Section: Robots and Dronesmentioning

confidence: 99%

A Modern Approach towards an Industry 4.0 Model: From Driving Technologies to Management

et al. 2022

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Every so often, a confluence of novel technologies emerges that radically transforms every aspect of the industry, the global economy, and finally, the way we live. These sharp leaps of human ingenuity are known as industrial revolutions, and we are currently in the midst of the fourth such revolution, coined Industry 4.0 by the World Economic Forum. Building on their guideline set of technologies that encompass Industry 4.0, we present a full set of pillar technologies on which Industry 4.0 project portfolio management rests as well as the foundation technologies that support these pillars. A complete model of an Industry 4.0 factory which relies on these pillar technologies is presented. The full set of pillars encompasses cyberphysical systems and Internet of Things (IoT), artificial intelligence (AI), machine learning (ML) and big data, robots and drones, cloud computing, 5G and 6G networks, 3D printing, virtual and augmented reality, and blockchain technology. These technologies are based on a set of foundation technologies which include advances in computing, nanotechnology, biotechnology, materials, energy, and finally cube satellites. We illustrate the confluence of all these technologies in a single model factory. This new factory model succinctly demonstrates the advancements in manufacturing introduced by these modern technologies, which qualifies this as a seminal industrial revolutionary event in human history.

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“…There are four major uses of blockchain: (i) recording value exchange, (ii) administrating smart contracts, (iii) combining smart contracts to form a decentralized autonomous organization (DAO), and (iv) certifying proof of existence for certain data. More information on blockchain technology, its current status, classification, applications, and open issues are discussed in [176]- [187].…”

Section: F Unparallel Visibility and Fast Paymentmentioning

confidence: 99%

Human Centric Digital Transformation and Operator 4.0 for the Oil and Gas Industry

et al. 2021

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Working at an oil and gas facility, such as a drilling rig, production facility, processing facility, or storage facility, involves various challenges, including health and safety risks. It is possible to leverage emerging digital technologies such as smart sensors, wearable or mobile devices, big data analytics, cloud computing, extended reality technologies, robotic systems, and drones to mitigate the challenges faced by oil and gas workers. While these technologies are not new to the oil and gas industry, most of its existing digital transformation initiatives follow business or process-centric approaches, in which the critical driver of the technology adoption is the enhancement of production, efficiency, and revenue. As a result, they may not address the challenges faced by the workers. As oil and gas workers are among the essential assets in the oil and gas industry, it is vital to address the challenges faced by these workers. This paper proposes a human-centric digital transformational framework for the oil and gas industry to deploy existing digital technologies to enhance their workers' health, safety, and working conditions. The paper outlines the critical challenges faced by oilfield workers, introduces a system architecture to implements a human-centric digital transformation, discusses the opportunities of the proposed framework, and summarizes the key impediment for the proposed framework.

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Blockchain and Industry 4.0: Overview, Convergence, and Analysis

Cited by 26 publications

References 14 publications

Inclusion of circular economy practices in the food supply chain: Challenges and possibilities for reducing food wastage in emerging economies like India

Inclusion of circular economy practices in the food supply chain: Challenges and possibilities for reducing food wastage in emerging economies like India

A Modern Approach towards an Industry 4.0 Model: From Driving Technologies to Management

Human Centric Digital Transformation and Operator 4.0 for the Oil and Gas Industry

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