Improving collaboration in industry 4.0: The usage of blockchain for knowledge representation

Abstract

With the introduction of Industry 4.0 in many industrial environments, many changes are going to take place in the manufacturing processes. Blockchain can help the collaboration between organisations, by improving and leading the way for a decentralised future, where transactions can happen much faster while ensuring that a more knowledgeable and demanding consumer has its expectations fulfilled. In this work we propose a model that uses blockchain and multi-agent systems to help represent an organisation in a network of entities, as well to create a system that is capable of handling entity transactions and provide a way of improving decision-making by enabling decisions to be done faster in a rapidly changing environment.