A Comprehensive Study of State-of-the-Art App- lications and Challenges in IoT, and Blockchain Technologies for Industry 4.0
- Authors: Saniya Zahoor1, Ravesa Akhter2, Varad Vishwarupe3, Mangesh Bedekar4, Milind Pande5, Vijay P. Bhatkar6, Prachi M. Joshi7, Vishal Pawar8, Neha Mandora9, Priyanka Kuklani10
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View Affiliations Hide Affiliations1 Amazon Research and Development Centre, Bangalore, Karnataka, India 2 National Institute of Technology Srinagar, Srinagar, Jammu and Kashmir, India 3 Amazon Research and Development Centre, Bangalore, Karnataka, India 4 Maharashtra Institute of Technology World Peace University, Pune, India 5 Maharashtra Institute of Technology World Peace University, Pune, India 6 Maharashtra Institute of Technology World Peace University, Pune, India 7 DES Pune University, Pune, Maharashtra, India 8 Maharashtra Institute of Technology World Peace University, Pune, India 9 Human Inspired AI Research Pvt. Ltd. HumInspAIRe, Pune, Maharashtra, India 10 Human Inspired AI Research Pvt. Ltd. - HumInspAIRe, Pune, Maharashtra, India
- Source: Industry 4.0 Convergence with AI, IoT, Big Data and Cloud Computing: Fundamentals, Challenges and Applications , pp 1-21
- Publication Date: December 2023
- Language: English
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The Internet of Things (IoT) is a network of smart and self-configuring devices that exchange data by interacting with the environment to make decisions without human intervention. Endowed to sense surrounding events, these physical objects generate large amounts of real-time data that need an acceptable architecture with better security to process and convert it into meaningful information. Implementation of blockchain in IoT offers a secure, transparent and efficient mechanism to store and manage data generated by connected IoT devices. Even though the integration of blockchain with IoT is pretty recent, there are at present a huge number of applications that include smart healthcare, smart homes, e-government, automotive industry, smart education, precision agriculture etc. However, there are several challenges encountered in Blockchain-IoT integration which include anonymity, standardization, interoperability, heterogeneity, data privacy, smart contracts, legal issues, transparency, storage capacity and scalability, security, etc. This chapter presents the current state-of-the-art Blockchain-IoT integration in order to examine how blockchain could possibly improve the IoT ecosystem catered towards Industry 4.0. This chapter investigates the various application domains of Blockchain-IoT integration. It also discusses the main challenges faced in the adoption of blockchain in IoT environments for I4.0
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