Blockchain in Industries: A Survey

By Jameela Al-Jaroodi, Nader Mohamed. IEEE Access, 2019

439 citations recorded by the source corpus.

Blockchain technologies have recently come to the forefront of the research and industrial communities as they bring potential benefits for many industries. This is due to their practical capabilities in solving many issues currently inhibiting further advances in various industrial domains. Securely recording and sharing transactional data, establishing automated and efficient supply chain processes, and enhancing transparency across the whole value chain are some examples of these issues. Blockchain offers an effective way to tackle these issues using distributed, shared, secure, and permissioned transactional ledgers. The employment of blockchain technologies and the possibility of applying them in different situations enables many industrial applications through increased efficiency and security; enhanced traceability and transparency; and reduced costs. In this paper, different industrial application domains where the use of blockchain technologies has been proposed are reviewed. This paper explores the opportunities, benefits, and challenges of incorporating blockchain in different industrial applications. Furthermore, the paper attempts to identify the requirements that support the implementation of blockchain for different industrial applications. The review reveals that several opportunities are available for utilizing blockchain in various industrial sectors; however, there are still some challenges to be addressed to achieve better utilization of this technology.

Subfields: Computer Networks and Communications, Information Systems

View Paper: https://www.semanticscholar.org/paper/ec314604e086642613b8f921692e902f84efcb48

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Citations in the corpus

When Blockchain Meets Supply Chain: A Systematic Literature Review on Current Development and Potential Applications (2020, background): “Growing efforts have been devoted to the study of blockchain technology and its applications across various sectors [9].”
A Survey of Blockchain From the Perspectives of Applications, Challenges, and Opportunities (2019, background): “The blockchain itself has taken on a life of its own and permeated a broad range of applications across many industries, including finance, healthcare, government, manufacturing, and distribution [7].”
Blockchain technology in supply chain operations: Applications, challenges and research opportunities (2020, positive): “These features have made it inevitable and a forefront runner of the research in various industrial sectors (Al-Jaroodi and Mohamed, 2019).”
Blockchain Technology: Benefits, Challenges, Applications, and Integration of Blockchain Technology with Cloud Computing (2022, background): “Therefore, if we continue to concentrate on the issue with the server and the members of our team, it is possible that we will not be able to achieve our business goals [34].”