Examining the Role of Block Chain to Secure Identity in IOT for Industry 4.0

Abstract

Blockchain is one of the next digital technologies that Industry 4.0 incorporates advances with. For both small and big businesses, blockchain may be used to enhance security, privacy, and data openness. The term “Industry 4.0” refers to the integration of several cutting-edge production methods that accelerate the pace at which enterprises may achieve their objectives. Many of the technologies that make up Industry 4.0, such as artificial intelligence, the internet of things (IoT), big data, and blockchain, have been the subject of research on their potential to cause broad disruption during the last few years. Some of the cutting-edge technologies that support Industry 4.0 include cloud computing, industrial integration, cyber physical systems, the internet of things, machine learning, adaptive robots, artificial intelligence, and service-oriented computing. In addition to Industry 4.0, blockchain, also known as distributed ledger technology, may have an indirect influence on the aforementioned technologies. The purpose of this paper is to provide the framework for discussing and demonstrating how blockchain technology might be used to the Fourth Industrial Revolution. The author of this article utilizes blockchain technology to analyze many key concepts in Industry 4.0 and show how these concepts are improved by the widespread use of blockchain technology. In order to further the goals of Industry 4.0, this study explores many potential uses of blockchain technology.