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ISSN Number:
2582-8568
Journal DOI No:
03.2021-11278686
Title:
A brief study on role of Block chain for Industry 4.0
Authors:
Cite this Article:
,
A brief study on role of Block chain for Industry 4.0, International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Special Issue, February 2023 International Conference Organized by V. P. Institute of Management Studies & Research, Sangli (Maharashtra, India), Page No : 37-45,
Available at : http://irjhis.com/paper/IRJHISIC2302005.pdf
Abstract:
Industry 4.0 is a “digital revolution”, which hastening globalized impact of transformation and generate need of cost-effective smart manufacturing solutions for future; After COVID-19 pandemic, many employees started working from home; and many firms adopted digital business models to maintain operations and preserve some revenue flows and continue with producing high-quality products. In last two years, businesses which were unable to convert themselves in digital form were erased from the business world and not survived further. So adaptation of technology like Block chain is very essential for not only survival but also to generate optimized revenue from business. This research paper provides detailed study on role of block chain for evolution of Industry 4.0.
Keywords:
Blockchain, Industry 4.0, Smart Contract, Supply chain management
Publication Details:
Published Paper ID: IRJHISIC2302005
Registration ID: 20941
Published In: Special Issue, February 2023 International Conference Organized by V. P. Institute of Management Studies & Research, Sangli (Maharashtra, India)
Page No: 37-45
ISSN Number: 2582-8568
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