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• W4318819628 abstract "Everything around us is transforming with advancement in time, as a result, new technologies are developing with upcoming industry revolution which is widely popular as Industry 4.0. It includes new trends related to cyber-physical system, Augmented Reality, artificial intelligence, Internet of Things (IoT), cloud computing, and many more. Many physical infrastructures are transformed to virtual ones which allows decision making and planning in a decentralized form. It also enabled users to accomplish real-time communications with help of integrated computing algorithms with the challenge of decentralization and heterogeneous systems. Progressive web technologies are involving varied characteristics in order to make technology very easy for the manufacturer communal. Blockchain version 4.0 is aiding business in terms of ensuring clearness in terms of supply, besides it promises conviction amongst the transaction establishments, and supply chain management is inculcating blockchain technology completely. The significant segment which is benefited with the adoption of Industry 4.0 moralities besides machineries is industrial or manufacturing business which will be generating smart industrial era involving progressive knowledge in addition to systems in Industry 4.0 which will be enhancing varied progressions amongst business value chain plus up surging proficiency and productivity. Though, Industry 4.0 necessitates actual incorporation of countless machineries and arrangements involving unified procedures amongst its constituents which generates numerous trials during creation of applications for smart industrial and manufacturing units which involves various factors like safety, conviction, traceability, dependability, and contract automation amongst manufacturing value chain. This chapter discusses various solutions correlated to union of blockchain as well as Industry 4.0. It also explores various pros and cons of traditional security solutions and provides evaluation of present blockchain-based security solutions. It also deliberates blockchain-based application areas of Industry 4.0." @default.
• W4318819628 created "2023-02-02" @default.
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• W4318819628 date "2023-01-01" @default.
• W4318819628 modified "2023-09-26" @default.
• W4318819628 title "Contemporary Role of Blockchain in Industry 4.0" @default.
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• W4318819628 doi "https://doi.org/10.1007/978-981-19-5723-9_8" @default.
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