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Blockchain, Cybersecurity, and Industry 4.0
Abstract
The world is going digital, and the wave of automation is sweeping across all facets of our corporate and personal lives. Industry 4.0 is all about leveraging IoT (internet of things) devices to facilitate further the process of automation that helps all organisations to rapidly scale by leveraging technology. The amount of data and information generated by the connected things is being harnessed with the help of advanced algorithm empowered analytics to induce intelligence into all the actions undertaken for the functioning of these connected devices. This chapter is geared towards giving a representative outlook on the concepts of blockchain that see a base in the concepts of cybersecurity. Further to that, this chapter explores the very imminent use cases of what we call the Industry 4.0. This includes use cases from remmitance, insurance, governance, internet of things (IoT), and supply chain, including the kinds of challenges we currently face.
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