Cross-Industry Blockchain Technology: Opportunities and Challenges in Industry 4.0

Author(s): Yasir Afaq, Shaik Vaseem Akram*, Rajesh Singh and Mohammad Shafiq

DOI: 10.2174/9789815051452122010005

Implementation of Blockchain Technology for Big Data

Pp: 47-73 (27)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

The focus of this chapter is to provide brief knowledge about the concept and advantages of integrating Big Data and blockchain technology. As we are focusing on the blockchain and Big Data, it is suitable to introduce Big Data before exploring its interactions with blockchain. The blockchain technology is introduced and then the interaction between blockchain technology and Big Data is focused, in order to gain a clear understanding of how blockchain technology is used for Big Data. Thereafter, the different applications of blockchain and Big Data are explored.

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