The recent revolution in Industry 4.0 (IR 4.0) has characterized the integration of advance technologies to bring the fourth industrial revolution to scale the manufacturing landscape. There are different key drivers for this revolution, in this research we have explored the following among them such as, Industrial Internet of Things (IIoT), Deep Learning, Blockchain and Augmented Reality. The emerging concept from blockchain namely “Non-Fungible Token” (NFT) relating to the uniqueness of digital assets has vast potential to be considered for physical assets identification and authentication in the IR 4.0 scenario. Similarly, the data acquired through the deployment of IIoT devices and sensors into smart industry spectrum can be transformed to generated robust analytics for different industry use-cases. The predictive maintenance is a major scenario in which early equipment failure detection using deep learning model on acquired data from IIoT devices has major potential for it. Similarly, the augmented reality can be able to provide real-time visualization within the factory environment to gather real-time insight and analytics from the physical equipment for different purposes. This research initially conducted a survey to analyse the existing developments in these domains of technologies to further widen its horizon for this research. This research developed and deployed a smart contract into an ethereum blockchain environment to simulate the use-case for NFT for physical assets and processes synchronization. The next phase was deploying deep learning algorithms on a dataset having data generated from IIoT devices and sensors. The Feedforward and Convolutional Neural Network were used to classify the target variables in relation with predictive maintenance failure analysis. Lastly, the research also proposed an AR based framework for the visualization ecosystem within the industry environment to effectively visualize and monitory IIoT based equipment’s for different industrial use-cases i.e., monitoring, inspection, quality assurance.