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BLOCKCHAIN AS A KEY CONPONENT IN THE MACHINE TOOL SECTOR UNDER INDUSTRY 4.0

 |    : /

MAY 2019   -  Volume: 94 -  Pages: 253-257

DOI:

https://doi.org/10.6036/8834

Authors:

IMANOL GARCÍA PASTOR
-
FRANCISCO SANCHEZ FUENTE
-
JOSE RAMON OTEGI OLASO

Disciplines:

  • Computer technology (OTRAS )

Downloads:   302

Cites in Web of Science:  3

How to cite this paper:  
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Key words:
Blockchain, Industria 4.0, registro distribuido de transacciones, industria de máquina herramienta, PYME, Industry 4.0, distributed ledger, machine tool industry, SME
Article type:
COLABORACION/COLLABORATION DAMR
Section:
COLLABORATIONS

Blockchain is a new technology that is disrupting every sector or process in where value is involved. It allows the collaboration of multiple parties in a safe and secure way, even if they don’t trust each other, without the need of a central entity. The problems that this technology addresses are fully aligned with the objectives of the Industry 4.0 in its different levels. The distributed ledger technology it uses can make the concept of machine collaboration real. In this environment, the machine tool manufacturers could play an important role using its advantages for designing smart, autonomous and adaptive collaborative machines. They can also leverage this technology at a business level, creating new opportunities and increasing their capability of offering a wider range of products and services.

Keywords: Blockchain, Industry 4.0, distributed ledger, machine tool industry, SME.

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