Internet of Things, Blockchain and Shared Economy Applications

Huckle, Steve; Bhattacharya, Rituparna; White, Martin; Beloff, Natalia

doi:10.1016/j.procs.2016.09.074

Cited by 484 publications

(193 citation statements)

References 4 publications

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“…Concerning the observability within blockchain innovation, the immaturity of the technology and the lack of scale make it difficult to assess empirical results, pointing to more research and practical implementation before presenting conclusions. However, based on several proofs of concept, IT vendors are already presenting estimated costs savings deriving from reduced labour and documentation costs [44,45]. According to Di Gregorio and Nustad [43], the cost savings stemming from potential blockchain solutions are relatively easy to hypothesize and quantify by comparing them to reference costs associated with current business processes, in particular cost savings from automation and efficiency gains.…”

Section: Trialability and Observabilitymentioning

confidence: 99%

Blockchain for and in Logistics: What to Adopt and Where to Start

et al. 2018

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Abstract:Despite the claim that blockchain will revolutionise business and redefine logistics, existing research so far is limited concerning frameworks that categorise blockchain application potentials and their implications. In particular, academic literature in transport and logistics to date has not sufficiently distinguished between blockchain adoption ('what to adopt') and the identification of the right business opportunity ('where to start'). In response, this paper (1) uses Rogers' (2003) 'attributes of innovation framework' to identify potential blockchain applications and (2) presents a framework explicating four transformation phases to subsequently categorise the identified areas of application according to their effects on organisational structures and processes. Using academic and practitioner literature, we classify possible applications for adoption and provide a framework to identify blockchain opportunities in the logistics industry, thereby helping managers to systematically assess where to start building organisational capabilities in order to successfully adopt and deploy blockchain-based technology.

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Section: Trialability and Observabilitymentioning

confidence: 99%

Blockchain for and in Logistics: What to Adopt and Where to Start

et al. 2018

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“…With the fundamental technology of Bitcoin, the blockchain has gained more and more attention and has begun to be applied to various fields [30], such as medicine [31,32], economics [33,34], the Internet of Things [35,36], and software engineering [37]. We believe that there will be a wide range of applications in M2M security.…”

Section: Data Securitymentioning

confidence: 99%

M2M Security Technology of CPS Based on Blockchains

et al. 2017

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Abstract:As the core of intelligent manufacturing, cyber-physical systems (CPS) have serious security issues, especially for the communication security of their terminal machine-to-machine (M2M) communications. In this paper, blockchain technology is introduced to address such a security problem of communications between different types of machines in the CPS. According to the principles of blockchain technology, we designed a blockchain for secure M2M communications. As a communication system, M2M consists of public network areas, device areas, and private areas, and we designed a sophisticated blockchain structure between the public area and private area. For validating our design, we took cotton spinning production as a case study to demonstrate our solution to M2M communication problems under the CPS framework. We have demonstrated that the blockchain technology can effectively solve the safety of expansion of machines in the production process and the communication data between the machines cannot be tampered with.

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“…Currently, a promising way to meet these requirements is the distributed decentralized registry technology or blockchain. With this technology, it is possible to organize decentralized distributed immutable storage, in which each record, called a block, will be linked to neighboring ones by computing complex hash functions, the arguments of which are transactions in the blockchain network and neighboring blocks [7]. This paper describes the ontologies used to provide interoperability of elements in smart factories, as well as the place of blockchain transactions in this ontology.…”

Section: Introductionmentioning

confidence: 99%

Ontology-driven approach for describing industrial socio-cyberphysical systems’ components

Teslya

Ryabchikov

2018

MATEC Web Conf.

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Abstract. Nowadays, the concept of the industrial Internet of things is considered by researchers as the basis of Industry 4.0. Its use is aimed at creating a single information space that allows to unite all the components of production, starting from the processed raw materials to the interaction with suppliers and users of completed goods. Such a union will allow to change the established business processes of production to increase the customization of end products for the consumer and to reduce the costs for its producers. Each of the components is described using a digital twin, showing their main characteristics, important for production. The heterogeneity of these characteristics for each of the production levels makes it very difficult to exchange information between them. To solve the problem of interaction between individual components this paper proposes to use the ontological approach to model the components of industrial socio-cyberphysical systems. The paper considers four scenarios of interaction in the industrial Internet of things, based on which the upper-level ontology is formed, which describes the main components of industrial socio-cyberphysical systems and the connections between them.

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Internet of Things, Blockchain and Shared Economy Applications

Cited by 484 publications

References 4 publications

Blockchain for and in Logistics: What to Adopt and Where to Start

Blockchain for and in Logistics: What to Adopt and Where to Start

M2M Security Technology of CPS Based on Blockchains

Ontology-driven approach for describing industrial socio-cyberphysical systems’ components

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