Blockchain Enabled Reparations in Smart Buildings Cyber Physical System

Blockchain technology is evolving across the globe and is being looked upon as a definite part of the future. Blockchain is often associated with bitcoin and finance’s domain. But over the last decade, this backend technology to bitcoin has spread its association in almost all domains that we can think of. Further to this, smart contracts are making the blockchain ecosystem better. Other evolving technologies like Internet-of-things, Industrial Internet-of things, Cyber physical systems are also making their onset on the global platform. Smart buildings link Internet of-things connectivity, sensors and the cloud to remotely supervise and assure efficient heating- air conditioning, lighting and security systems etc to improve efficiency and overall sustainability. The global buildings sector over the next 40 years is expected to add 230 billion square meters of fresh construction, i.e., adding the equivalent of Paris every week. Thus integrating these technologies right at the onset, before they grow in isolation, is a coveted need today. This paper proposes a prototype to simulate architecture and discusses how blockchain-enabled smart buildings can further expedite automation, security and transparency. For an apprehension purpose, the paper focuses on smart contracts enabled repairs and service in smart buildings

Cryptocurrency as Disruptive Technology: Theoretical Insighs

Bitcoin, Cryptocurrencies and Blockchain technologies are widely discussed nowadays. The Bitcoin market value is discussed in top magazines, the names of people who earned money from cryptocurrencies are on the Richest People list. The Blockchain technology is said to be a one of disruption pioneers on the one hand, and cryptocurrency is said to be an illegal phenomenon on the other hand. The Fourth Industrial Revolution, which is based on digitalized industry is changing the power centres. Will cryptocurrency disrupt the financial sector? Or perhaps it will disrupt the retail market or global monetary policy. Disruptive technologies together with the Internet, Mobile Internet and Internet of Things are changing our world. While society has gained simple and reachable comfort for a cheaper price on the one hand, many people have lost their jobs on the other. Consequently, the authors presuppose discussion about the phenomenon of cryptocurrency through the context of social phenomena and legal regulation: divulge definitions, principles, relating to the topic; identify possible tendencies according to legal regulation and its practical realization

A blockchain-based architecture for secure and trustworthy operations in the industrial Internet of Things

The industrial Internet of Things (IIoT) plays an important role in the industrial sector, where secure, scalable, and easily adopted technologies are being implemented for the smart industry. The traditional IIoT architectures are generally based on centralized architectures that are vulnerable to a single point of failure and to several cyber-attacks. Blockchain technology is frequently adopted in the modern industry because of its security and decentralization. This paper proposes a blockchain-based architecture that ensures secure and trustworthy industrial operations. A private and lightweight blockchain architecture is proposed to regulate access to valuable sensor and actuator data. To enhance the computational performance of the proposed architecture, real-time cryptographic algorithms are processed using a low-power ARM Cortex-M4 processor, and a highly scalable, fast, and energy-efficient consensus mechanism proof of authentication (PoAh) is deployed in the blockchain network. Extensive experiments and analysis proved the effectiveness of the proposed framework for smart industrial environments. Finally, we transform a conventional fruit processing plant into a secure and smart industrial platform by implementing the proposed architecture

New Trends in Development of Services in the Modern Economy

The services sector strategic development unites a multitude of economic and managerial aspects and is one of the most important problems of economic management. Many researches devoted to this industry study are available. Most of them are performed in the traditional aspect of the voluminous calendar approach to strategic management, characteristic of the national scientific school. Such an approach seems archaic, forming false strategic benchmarks. The services sector is of special scientific interest in this context due to the fact that the social production structure to the services development model attraction in many countries suggests transition to postindustrial economy type where the services sector is a system-supporting sector of the economy. Actively influencing the economy, the services sector in the developed countries dominates in the GDP formation, primary capital accumulation, labor, households final consumption and, finally, citizens comfort of living. However, a clear understanding of the services sector as a hyper-sector permeating all spheres of human activity has not yet been fully developed, although interest in this issue continues to grow among many authors. Target of strategic management of the industry development setting requires substantive content and the services sector target value assessment

Blockchain Technology - China\u27s Bid to High Long-Run Growth

Despite having the second largest economy at $13 trillion, China has only recently surpassed the World Bank’s definition of the ‘middle-income range’ which is a gross national income per capita between$1,000 to $12,000 (constant 2011 international$). This is a noteworthy accomplishment since many other developing nations have fallen victim to economic stagnation within this range leading to the term “middle-income trap”. This paper will argue that one of the ways in which China escaped the middle-income trap and will continue to grow its economic influence is through the support of blockchain technology. Research and development, early technological adoption and business climate all play a role in explaining how the Chinese public and private sector have used blockchain technology to encourage economic growth. While there are many questions and misconceptions about blockchain technology and its place in China, this paper seeks only to answer a select few

Internet of robotic things : converging sensing/actuating, hypoconnectivity, artificial intelligence and IoT Platforms

The Internet of Things (IoT) concept is evolving rapidly and influencing newdevelopments in various application domains, such as the Internet of MobileThings (IoMT), Autonomous Internet of Things (A-IoT), Autonomous Systemof Things (ASoT), Internet of Autonomous Things (IoAT), Internetof Things Clouds (IoT-C) and the Internet of Robotic Things (IoRT) etc.that are progressing/advancing by using IoT technology. The IoT influencerepresents new development and deployment challenges in different areassuch as seamless platform integration, context based cognitive network integration,new mobile sensor/actuator network paradigms, things identification(addressing, naming in IoT) and dynamic things discoverability and manyothers. The IoRT represents new convergence challenges and their need to be addressed, in one side the programmability and the communication ofmultiple heterogeneous mobile/autonomous/robotic things for cooperating,their coordination, configuration, exchange of information, security, safetyand protection. Developments in IoT heterogeneous parallel processing/communication and dynamic systems based on parallelism and concurrencyrequire new ideas for integrating the intelligent “devices”, collaborativerobots (COBOTS), into IoT applications. Dynamic maintainability, selfhealing,self-repair of resources, changing resource state, (re-) configurationand context based IoT systems for service implementation and integrationwith IoT network service composition are of paramount importance whennew “cognitive devices” are becoming active participants in IoT applications.This chapter aims to be an overview of the IoRT concept, technologies,architectures and applications and to provide a comprehensive coverage offuture challenges, developments and applications