Block Chain: Cryptographic Method in Fourth Industrial Revolution

Full Text (PDF, 676KB), PP.9-17

Views: 0 Downloads: 0

Author(s)

Raihana Syahirah Abdullah 1,* Faizal M.A. 1

1. Faculty of Information and Communication Technology, Universiti Teknikal Malaysia Melaka, Hang Tuah Jaya, 76100 Durian Tunggal, Melaka, Malaysia

* Corresponding author.

DOI: https://doi.org/10.5815/ijcnis.2018.11.02

Received: 14 Jul. 2018 / Revised: 1 Sep. 2018 / Accepted: 7 Oct. 2018 / Published: 8 Nov. 2018

Index Terms

Blockchain, Industry 4.0, Machine to Machine, Cryptocurrency, Smart Contract, IoT mobile

Abstract

This paper has reviewed the blockchain domain that suits with the current Industrial Revolution (Industry 4.0) uses cryptographic method blockchain. The implementation of this new cryptographic method in Industry 4.0 is currently being used widely as it eases the process of financial transaction and other process that have been as issue related with cyber security. The collection of review papers shows that the blockchain technology has high potential to grow wider not just in financial technology services and manufacturing industry but also in public sector, health care and even media industry. The papers elaborate how the blockchain able to be applied in different fields of technology in order make a secure and more protected services without entrusted the third party to avoid vulnerability to be attacked and misused. Nevertheless, the applications of the blockchain in various field helps in making the industry revolution.

Cite This Paper

Raihana Syahirah Abdullah, Faizal M.A., "Block Chain: Cryptographic Method in Fourth Industrial Revolution", International Journal of Computer Network and Information Security(IJCNIS), Vol.10, No.11, pp.9-17, 2018.DOI:10.5815/ijcnis.2018.11.02

Reference

[1]Don & Tapscott Alex. (2016). What is Blockchain Technology? A Step-by-Step Guide for Beginners. Retrieved April 3, 2018, from https://blockgeeks.com/guides/what-isblockchain-technology/
[2]Bahga, A., & Madisetti, V. K. (2016). Blockchain platform for industrial Internet of Things. Journal of Software Engineering and Applications, 9(10), 533.
[3]Rahmadika, Sandi. (2018). The Noble Approach of Blockchain Technology for Energy Trading System and Security Issues.
[4]Zyskind, G., & Nathan, O. (2015, May). Decentralizing privacy: Using blockchain to protect personal data. In Security and Privacy Workshops (SPW), 2015 IEEE (pp. 180-184). IEEE.
[5]Gozzi Alexandre. (2018). How Industry 4.0 uses Blockchain Technology - Blog Sopra Steria. Retrieved April 3, 2018, from https://blog.soprasteria.com/industryblockchain-technology/
[6]H. Watanabe, S. Fujimura, A. Nakadaira, Y. Miyazaki, A. Akutsu, and J. J. Kishigami. Blockchain contract: A complete consensus using blockchain. In 2015 IEEE 4th Global Conference on Consumer Electronics (GCCE), pages 577–578, Oct 2015. doi:10.1109/GCCE.2015.7398721.
[7]M. English, S. Auer, and J. Domingue. Block Chain Technologies & the Semantic Web: A Framework for Symbiotic Development. Technical report, University of Bonn, Germany, May 2016.
[8]F. Imbault, M. Swiatek, R.de Beaufort and R. Plana, "The Green Blockchain Managing Decentralized Energy Production and Consumption", IEEE International Conference on Environment and Electrical Engineering (EEEIC/ I&CPS Europe), 2017.
[9]P. Danzi, A. Marko, C. Stefanovic, and P. Popovski, “Distributed ProportionalFairness Control in Microgrids via Blockchain Smart Contracts”, arXiv: 1705.01453v2 [cs.MA], 2017
[10]Ouaddah, A., Abou Elkalam, A., & Ait Ouahman, A. (2016). FairAccess: a new Blockchainā€ based access control framework for the Internet of Things. Security and Communication Networks, 9(18), 5943-5964.
[11]J. Yli-Huumo, D. Ko, S. Choi, S. Park, and K. Smolander. Where Is Current Research on Blockchain Technology? - A Systematic Review. PLoS ONE, 11(10): 1–27, 10 2016. doi:10.1371/journal.pone.0163477
[12]N. Koblitz and A. J. Menezes. Cryptocash, Cryptocurrencies, and Cryptocontracts. Des. Codes Cryptography, 78(1):87–102, Jan. 2016. ISSN 0925-1022. doi:10.1007/s10623-015-0148-5.
[13]Bansal Jaideep. (2017). some villages are embracing the Fourth Industrial Revolution faster than cities. This is how | World Economic Forum. Retrieved April 3, 2018, from https://www.weforum.org/agenda/2017/11/t he-indian-villages-embracing-the-fourthindustrial-revolution
[14]Mezni Mehdi. (2018). Blockchain, and Industry 4.0: a closer look. Retrieved April 23, 2018, from https://en.decentral.news/2018/01/26/blockc hain-industry-4-0
[15]N.Z. Aitzhan and D. Svetinovic, "Security and Privacy in Decentralized Energy Trading through Multi-Signature, Blockchain and Anonymous Messaging Streams", IEEE Transactions on Dependable and Secure Computing, 2016
[16]M. O’Dair, Z. Beaven, D. Neilson, R. Osborne, and P. Pacifico. Music on the Blockchain. Technical Report 1, Blockchain for Creative Industries Research Cluster, Middlesex University, UK, July 2016.