MULTI-TRANSFERRABLE ASSETS TRANSACTION ON SINGLE BLOCKCHAIN CONFIGURATION IN INDUSTRIAL IOT NETWORK

MULTI-TRANSFERRABLE ASSETS TRANSACTION ON SINGLE BLOCKCHAIN CONFIGURATION IN INDUSTRIAL IOT NETWORK Abstract Nowadays, the industrial sector has become more digitalized. The digital management and transaction of assets are highly relying on Industrial Internet-of Things (IoT) which has the potential...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Hauptverfasser:	Sharma, Yogesh, Salunkhe, Kaushlya, Pawar, Dilip Nageshrao, Chauhan, Deepika, Singh, Chaitanya, Mittal, Himani, Sharma, Ashish, Tayal, Sandeep, Sharma, Alok Kumar, Anarase-Jadhav, Deepali S
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC COMMUNICATION TECHNIQUE ELECTRICITY INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTEDFOR SPECIFIC APPLICATION FIELDS PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	MULTI-TRANSFERRABLE ASSETS TRANSACTION ON SINGLE BLOCKCHAIN CONFIGURATION IN INDUSTRIAL IOT NETWORK Abstract Nowadays, the industrial sector has become more digitalized. The digital management and transaction of assets are highly relying on Industrial Internet-of Things (IoT) which has the potential to manage the customer product-centric, in supply chains, and for smart manufacturing. I-IoT has unique features in asset transactions in digital service adoptions. This era of data and information has made blockchain technology, a unique and attractive one to the next generation. This technology can be integrated with the IoT. There is a prominent advancement in various domain distributed systems due to the IoT advancement. The need for the proper maintenance of a growing list of transactional information and data has given rise to the digital ledger known as blockchain technology. The accessibility and identification are performed by using the three vital criteria namely, 1. Private authorization, 2. Public authorization and 3. consortium. For data sharing and storing, it requires the DMS (data management system) to get decentralized. This provides secured transactions in the network. The existing system for the asset transactions needs to be analyzed for traffic and security concerns. Thus, this invention is intended to improve the multi-transferrable assets transaction. This involves the development of the single blockchain configured for the industrial internet of things (I-IoT). The blockchain is deployed in IoT technology where privacy during the transaction of digitalized assets is ensured. EVENT NOTIFICATION --- , I4 BLOCK CHAIN NETWORK CERTIFICATION IDENTITY MANAGEMENT USER -4 EVENT CONSENSUS SERVICE MEMBERSHIP SMART CONTRACT TASK DEVICE UPDATE DEVICE STATUS GENERATION REGISTRATION COMMUNICATION INTERFACE k)T SERVER L.---J TASK EXECUTION DEVICE STATUS FoT NETWeORK Figure 2: The proposed blockchain I-oT network.