Abstract
Internet of Things (IoT) are being adopted for industrial and manufacturing applications such as manufacturing automation, remote machine diagnostics, prognostic health management of industrial machines and supply chain management. Cloud-Based Manufacturing is a recent on-demand model of manufacturing that is leveraging IoT technologies. While Cloud-Based Manufacturing enables on-demand access to manufacturing resources, a trusted intermediary is required for transactions between the users who wish to avail manufacturing services. We present a decentralized, peer-to-peer platform called BPIIoT for Industrial Internet of Things based on the Block chain technology. With the use of Blockchain technology, the BPIIoT platform enables peers in a decentralized, trustless, peer-to-peer network to interact with each other without the need for a trusted intermediary.
Highlights
Internet of Things (IoT) comprises “Things” which have remote sensing and/or actuating capabilities, and can exchange data with other connected devices and applications
We propose a Blockchain Platform for Industrial Internet of Things (BPIIoT), which enables development of different distributed apps (Dapps) for manufacturing
We presented a Blockchain Platform for Industrial Internet of Things (BPIIoT)
Summary
Internet of Things (IoT) comprises “Things” (or IoT devices) which have remote sensing and/or actuating capabilities, and can exchange data with other connected devices and applications (directly or indirectly). IoT technologies are promising for industrial and manufacturing systems. A recent on-demand model of manufacturing that is leveraging IoT technologies is called Cloud-Based Manufacturing (CBM) [2]. CBM enables ubiquitous, convenient, on-demand network access to a shared pool of configurable manufacturing resources that can be rapidly provisioned and released with minimal. We propose a decentralized, peer-to-peer platform called BPIIoT for Industrial Internet of Things based on Blockchain, the technology that powers the crypto-currency Bitcoin. While Cloud-Based Manufacturing enables on-demand access to manufacturing resources, a trusted intermediary is required for transactions between the users who wish to avail manufacturing services. With the use of Block chain technology, the BPIIoT platform enables peers in a decentralized, trustless, peer-to-peer network to interact with each other without the need for a trusted intermediary
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