Find out what is Industry 4.0 by exploring the historical revolution of Industries. Also explore the principles, goal and components of industry 4.0. This article will help you to find the benefits and biggest challenges in participating fourth industrial revolution industry 4.0

1. Blockchain in
Industry 4.0
www.bitdeal.net

2. What Is
Industry 4.0?

3. Industry 4.0 is a term that defines the concept
of the "smart factory" along with the growth of
Industrial technologies (i.e)Industrial internet of
things(IIoT) via automation, interconnectivity,
Machine Learning, real-time data processing,
and digitization

4. The term Industrie 4.0 was firstly announced at
Hannover fair In 2011, by a group of
representatives from different fields to
accomplish the German Federal Government move
towards High Tech Strategy of 2020.

5. History of Industrial
Revolutions

6. Industry 1.0 - The First
Industrial Revolution
This is the era when machines started to replicate the work done with humans and
animals. During this period, many labors lost their jobs as machines started to
replace their work. In this period, the term "Factory" become more popular,
Time Period - 19th Century (1870-1914)

7. Industry 2.0 - The Second
Industrial Revolution
The Period of modern production powered with factory electrification. During this period
water and steam energy have been started to replace by electrical power. Also, this
period is better known for the introduction of railroads, and telegraphs.
Time Period - 19th Century (1870-1914)

8. Industry 3.0 - The Third
Industrial Revolution
This Period is known as the Scientific and technical revolution, This started to begin
after the two world wars. During this period supercomputer has been invented, after that
the use and mass adoption of computers started to grow inside the industries. This is the
time where machines started to evolve from analog into the digital one.
Time Period - 20th Century ( Approximately between 1930 - 1970)

9. Industry 4.0 - The Third
Industrial Revolution
We are currently in the early period of Fourth industrial revolution, that is called the
digital revolution. We are living in the era of Machines started to communicate with each
other via a network known as IoT (Internet Of things) and with People Known as Internet
Of People (IoP)
Time Period - (1975- Present )

10. Principles and Goals Of
Industry 4.0
1. Interconnectivity Information or
2. Data Transparency
3. Immediate Technical Assistance
4. To Make Decentralized Decisions

11. Components of
Industry 4.0
● Smart sensors
● Augmented Reality
● Machine Learning
● Fog, Edge and Cloud Computing
● 3D printing
● Fraud Detection technologies
● Mobile Devices ( Smartphones)
● IoT ( Internet Of Things)
● Industrial Internet Of Things (IIoT)
● Big Data
● Artificial Intelligence
● Location detection Technologies ( Advanced
GPRS methodology)

12. Components
Categories
● IoT
● Cyber-Physical Systems
● Cloud Computing
● Cognitive Computing
● Real-Time Data processing

13. What is IOT?
It is a network of connected devices, to transmit digital data,
without requiring any effort from the outside entities
including human-human interactions or human-machine
interactions.

14. What are Cyber-Physical
Systems(CPS)?
Cyber-physical systems, communicate internally with each
other, humans, organizational services and other participants
of the value chain.

15. What is
Cognitive Computing?
It is a set of technology platforms, which are based on some
of the scientific technologies like artificial intelligence and
also signal to process. Cognitive Computing encompasses
machine learning, reasoning, NLP (Natural Language
Processing ), Speech and Object Recognition.

16. What is Real-Time data
processing
It is an act or an ability of computers to continuously process
the data and provides real-time insights ontime through the
automated data analysis.

17. What is Cloud Computing?
It refers to the process of analyzing computerized data inside
an external source mostly on a permanent virtual storage
so-called cloud storage.

18. What is Cloud Computing?
It refers to the process of analyzing computerized data inside
an external source mostly on a permanent virtual storage
so-called cloud storage.

19. List of Challenges in Adapting Industry 4.0
● Economical Challenge
○ High Installation Costs
○ Adapting the New Business Work Model
● 2. Social Challenge
○ Loss of Jobs
● 3. Organizational Challenges
○ IT Security Issues
○ Reliability in Machine to Machine Communications
○ To maintain the integrity of the Production process
○ Insufficient qualification of workers
○ Low Involvement of top management

20. Blockchain In Industry 4.0
Now we have come to the core concept of this article, How the blockchain technology can be
implemented for the cause of industry 4.0 The topmost challenges of adapting industry 4.0 are,
● Implementing the data transparency,
● Decentralized decision-making process,
● Interconnectivity,
● Ease of data exchange,
● Automation,
● Informed decision,
● Scalability of machines or device implementation for mass productions,
● Traceability in SCM,
● To store data passed by the IIoT devices, sensors and CPS systems inside a fully secured storage.

21. Blockchain Use cases In Industry 4.0
1. Blockchain could automate and integrate the process of a supply chain with highly
transparent information traceability Check out blockchain would work in SCM: Blockchain In
Supply Chain Management
2. Can secure the Industrial IoT Process, functionalities, Data exchange between the IIoT devices.
Check out Blockchain In IoT
3. Data Processing and Data Analyzation With Big Data could be more efficient Check out
Blockchain In Big Data
4. Blockchain With Artificial Intelligence By implementing blockchain with artificial intelligence
we could eliminate the hurdles in automated data transfer between the CPS system and IIoT
connected devices in a production value chain, Check out Blockchain in Artificial Intelligence

22. Blockchain Use cases In Industry 4.0
Apart from the four above, the following use cases are the default use cases that could help in
enhancing an industry.
5. Scalability
6. Data transparency
7. Decentralization
During the mass production process, industries may face a situation of expanding their machines and device
implementations. So, the basic technology which powers the entire mass production should be capable of
supporting the scalability of device implementations, and data transparency with those devices as well as fulfill
the decentralization. Blockchain would be the only choice to meet all these technical requirements.

23. Blockchain Technology in 2020
Adaptation of blockchain technology has grown very faster insider the business market. When blockchain has
been introduced people have struggled to understand the concept, after just 2 or 3 years the blockchain
adoption maturity has grown drastically.
check out the below diagram which portrays blockchain adoption maturity from 2011-2022.

24. Final Thoughts about Blockchain in Industry 4.0
industry 4.0 is obvious and couldn't be avoided by anyone. But it is upon us to decide whether to go with the
industrial revolution or stay back from the growth of industries. If industry wanted to grow with the trending
technology it is a must for them to adapt, implement and experiment the concept of industry 4.0. The arrival of
blockchain in industry 4.0 will sure enrich the idea of implementation and will empower the digital revolution
across the world.
If you are really wanted to be the part of the fourth industrial revolution along with your business, get connected
with bitdeal. We are ready to assist you with blockchain implementation for any industry.
Stay Tuned With US!

25. Published By
Bitdeal
www.bitdeal.net
Originally Published article : Blockchain In Industry 4.0