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Exploiting Blockchain and Smart Contracts for Data Exploration As a Service

Published: 22 February 2020 Publication History
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  • Abstract

    Digital transformation and the adoption of ICT technologies in the factory of the future are growing faster and faster. In particular, data exploration methods and techniques are enabling the development of data-intensive Remote Monitoring Services for anomaly detection and predictive maintenance purposes. Remote Monitoring Services involve different actors across organizations. The Original Equipment Manufacturer explores high volume of data collected by sensors on the monitored machines to provide anomaly detection and predictive maintenance services. Insurance agencies may provide support to sustain maintenance costs. Spare parts suppliers can schedule the delivery of mechanical parts required for maintenance interventions. In this scenario, trust among participants becomes a critical issue. On the one hand, providers of anomaly detection and predictive maintenance services as well as insurance agencies must trust the way machines have been used by collecting and analysing sensors data. On the other hand, owners of monitored machines must trust the use of collected data to implement services, based on which maintenance costs are calculated. The goal of this paper is to leverage blockchain and smart contracts to ensure the required level of trust when implementing data exploration for Remote Monitoring Services. Events occurring on the monitored machines are stored as transactions in a blockchain-based system, to ensure non repudiation. Moreover, trust-demanding services are implemented as smart contracts, to guarantee the required level of trustworthiness among participants. The approach is integrated with a tool for data exploration in the digital factory, and has been validated taking into account performances and cost requirements.

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    Cited By

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    • (2023)A Mapping Review on Cyber-Physical Smart Contracts: Architectures, Platforms, and ChallengesIEEE Access10.1109/ACCESS.2023.329089911(65872-65890)Online publication date: 2023
    • (2021)The Role of Financialization When Moving up the Service LadderThe Palgrave Handbook of Servitization10.1007/978-3-030-75771-7_14(215-228)Online publication date: 27-Jul-2021

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      iiWAS2019: Proceedings of the 21st International Conference on Information Integration and Web-based Applications & Services
      December 2019
      709 pages
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      • JKU: Johannes Kepler Universität Linz
      • @WAS: International Organization of Information Integration and Web-based Applications and Services

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      Published: 22 February 2020

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      Author Tags

      1. Blockchain
      2. digital factory
      3. remote monitoring services
      4. smart contract

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      • (2023)A Mapping Review on Cyber-Physical Smart Contracts: Architectures, Platforms, and ChallengesIEEE Access10.1109/ACCESS.2023.329089911(65872-65890)Online publication date: 2023
      • (2021)The Role of Financialization When Moving up the Service LadderThe Palgrave Handbook of Servitization10.1007/978-3-030-75771-7_14(215-228)Online publication date: 27-Jul-2021

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