On IOTA as a potential enabler for an M2M economy in manufacturing

Raschendorfer, Alexander; Mörzinger, Benjamin; Steinberger, Eric; Pelzmann, Patrick; Oswald, Ralf; Stadler, Manuel; Bleicher, Friedrich

doi:10.1016/j.procir.2019.02.096

Cited by 28 publications

(9 citation statements)

References 4 publications

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“…It supports many languages for application development, including Python, C, and JavaScript. However, the platform does not include smart contracts and does not offer open sources of coordinator nodes that lead to central risk [73]. Table 4 presents a comparison of the compound blockchain platforms for integrating and developing IoT applications.…”

Section: Iotamentioning

confidence: 99%

Blockchain for IoT Applications: Taxonomy, Platforms, Recent Advances, Challenges and Future Research Directions

et al. 2022

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The Internet of Things (IoT) has become a popular computing technology paradigm. It is increasingly being utilized to facilitate human life processes through a variety of applications, including smart healthcare, smart grids, smart finance, and smart cities. Scalability, interoperability, security, and privacy, as well as trustworthiness, are all issues that IoT applications face. Blockchain solutions have recently been created to help overcome these difficulties. The purpose of this paper is to provide a survey and tutorial on the use of blockchain in IoT systems. The importance of blockchain technology in terms of features and benefits for constituents of IoT applications is discussed. We propose a blockchain taxonomy for IoT applications based on the most significant factors. In addition, we examine the most widely used blockchain platforms for IoT applications. Furthermore, we discuss how blockchain technology can be used to broaden the spectrum of IoT applications. Besides, we discuss the recent advances and solutions offered for IoT environments. Finally, we discuss the challenges and future research directions of the use of blockchain for the IoT.

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Section: Iotamentioning

confidence: 99%

Blockchain for IoT Applications: Taxonomy, Platforms, Recent Advances, Challenges and Future Research Directions

et al. 2022

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“…The Hyperledger Fabric framework is from Linux Foundation. The main reason to choose the Hyperledger Fabric framework in the proposed system is the effectiveness of this system compared with ethereum and DLTs in the scalability of the network, and it can manage huge transactional records [52][53][54]. Figure 7 presents the manufacturer records in the composer rest server.…”

Section: Blockchain Implementation Processmentioning

confidence: 99%

Smart Manufacturing Real-Time Analysis Based on Blockchain and Machine Learning Approaches

Shahbazi

Byun

2021

Applied Sciences

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The growth of data production in the manufacturing industry causes the monitoring system to become an essential concept for decision-making and management. The recent powerful technologies, such as the Internet of Things (IoT), which is sensor-based, can process suitable ways to monitor the manufacturing process. The proposed system in this research is the integration of IoT, Machine Learning (ML), and for monitoring the manufacturing system. The environmental data are collected from IoT sensors, including temperature, humidity, gyroscope, and accelerometer. The data types generated from sensors are unstructured, massive, and real-time. Various big data techniques are applied to further process of the data. The hybrid prediction model used in this system uses the Random Forest classification technique to remove the sensor data outliers and donate fault detection through the manufacturing system. The proposed system was evaluated for automotive manufacturing in South Korea. The technique applied in this system is used to secure and improve the data trust to avoid real data changes with fake data and system transactions. The results section provides the effectiveness of the proposed system compared to other approaches. Moreover, the hybrid prediction model provides an acceptable fault prediction than other inputs. The expected process from the proposed method is to enhance decision-making and reduce the faults through the manufacturing process.

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“…In the work of [ 19 ], the authors start listing the current challenges in the manufacturing sector. Especially when comparing products produced in countries with lower average wages with countries with better wages.…”

Section: Related Workmentioning

confidence: 99%

Proposal of an Economy of Things Architecture and an Approach Comparing Cryptocurrencies

Agostinho

Dantas

Pinto

2021

Sensors

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In the present computational scenario, one can perceive the emergence of cryptocurrencies and the increased utilization of IoT devices, which are pushing to new challenges, opportunities, and behavior changes. It is still not known how these technologies will impact the current business and economic models. In this regard, this study proposes an economy of things architecture and an approach comparing several cryptocurrencies. Therefore, the proposed architecture aims to use these new opportunities to enable device-to-device (D2D) interaction based on this novel paradigm, called the Economy of Things (EoT). An experimental environment was conducted to compare characteristics of the cryptocurrencies Ripple, Iota, and Ethereum. The initial results show several interesting differences related to transaction costs, errors, speeds, and threads.

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On IOTA as a potential enabler for an M2M economy in manufacturing

Cited by 28 publications

References 4 publications

Blockchain for IoT Applications: Taxonomy, Platforms, Recent Advances, Challenges and Future Research Directions

Blockchain for IoT Applications: Taxonomy, Platforms, Recent Advances, Challenges and Future Research Directions

Smart Manufacturing Real-Time Analysis Based on Blockchain and Machine Learning Approaches

Proposal of an Economy of Things Architecture and an Approach Comparing Cryptocurrencies

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