Energy Saving by Blockchaining Maintenance

Abstract

The development and interest in Industry 4.0 together with rapid development of Cyber Physical Systems has created magnificent opportunities to develop maintenance to a totally new level. The Maintenance 4.0 vision considers massive exploitation of information regarding factories and machines to improve maintenance efficiency and efficacy, for example by facilitating logistics of spare parts, but on the other hand this creates other logistics issues on the data itself, which only exacerbate data management issues that emerge when distributed maintenance platforms scale up. In fact, factories can be delocalized with respect to the data centers, where data has to be transferred to be processed. Moreover, any transaction needs communication, be it related to purchase of spare parts, sales contract, and decisions making in general, and it has to be verified by remote parties. Keeping in mind the current average level of Overall Equipment Efficiency (50%) i.e. there is a hidden factory behind every factory, the potential is huge. It is expected that most of this potential can be realised based on the use

Blockchain technology and circular economy in the environment of total productive maintenance: a natural resource-based view perspective

“…Modern equipment is often tasked with more demanding manufacturing duties. In this line, significant possibilities for advancing maintenance to a new level have arisen due to Industry 4.0 technology and the fast evolution of Cyber-Physical Systems (Albano et al, 2019). Thus, it is essential to make the most of today's technical tools for implementing smart maintenance of complicated equipment to keep it running so it accomplishes its targets (Chen et al, 2020).…”

“…Modern equipment is often tasked with more demanding manufacturing duties. In this line, significant possibilities for advancing maintenance to a new level have arisen due to Industry 4.0 technology and the fast evolution of Cyber-Physical Systems (Albano et al. , 2019).…”