Blockchain Protocols & Edge Computing Targeting Industry 5.0 Needs

• Type: Other Publications
• Date: 2023

Authors

Oliveira, M (Author) Other; Chauhan, S (Author) Other; Pereira, FA (Author) FEUP; Felgueiras, MC (Author) Other; Carvalho, DV (Author) Other

Other information

Authenticus ID: P-010-A8G

DOI: 10.20944/preprints202306.1159.v1

Abstract (EN): <jats:p>&quot;Industry 5.0¿ is the latest industrial revolution. A variety of cutting-edge technologies, including artificial intelligence, the Internet of Things (IoT), and others, come together to form it. This new era will bring about significant changes in the way businesses operate, allowing them to become more cost-effective, more efficient, and produce higher-quality goods and services. Because sen-sors are getting better, 5G networks are being put in place, and more industrial equipment and machinery are becoming available, the manufacturing sector is going through a significant period of transition right now. These newly scalable opportunities make it possible to use and spread blockchain architectures on the shop floor, which is made possible by the ever-decreasing costs associated with implementing blockchain technology. Even though modern production models make use of the cloud (both internal and external services), networks and systems can take ad-vantage of the cloud&#039;s relatively low cost, scalability, increased computational power, real-time communication, and data transfer capabilities to create much smarter and more autonomous systems. This paper presents the results of an investigation into how blockchain services for large-scale industry networks could benefit from increased levels of security, transparency, and efficiency. We discuss the ways in which decentralized networks that make use of protocols and meshes might make things better with these technologies, which are not going away anytime soon. We emphasize the significance of new design in regards to cybersecurity, data integrity, and storage by using straightforward examples that have the potential to lead to the excellence of distributed systems.</jats:p>

Language: English

Type (Professor's evaluation): Scientific