DECENTRALIZED DATA EXCHANGE PROTOCOL FOR THE MANUFACTURING INDUSTRY
Abstract
This article proposes a secure and transparent data exchange protocol that addresses the challenges of data privacy and security in the manufacturing industry. Sharing data among stakeholders is essential for optimizing production processes, enhancing product quality, and reducing costs. However, data privacy and security concerns hinder achieving these objectives, leading to missed opportunities and inefficiencies. This paper suggests utilizing blockchain technology, smart contracts, tokenization, and interoperability to develop a data exchange protocol that ensures security and privacy. The proposed protocol enables manufacturers to securely and transparently exchange collected and stored data while preserving privacy. The article includes a detailed technical description of the protocol and discusses its potential applications in manufacturing.
References
2. “Top 10 Trends 2023.” https://view.ceros.com/applied-intelligence/top-10-trends-2023 (accessed Mar. 15, 2023).
3. “How big data can improve manufacturing | McKinsey.” https://www.mckinsey.com/capabilities/operations/our-insights/how-big-data-can-improve-manufacturing (accessed Mar. 17, 2023).
4. “Big Data in manufacturing: Trends, tips, success stories,” Software Development Company - N-iX. https://www.n-ix.com/big-data-in-manufacturing/ (accessed Mar. 17, 2023).
5. “Web3 vs Web 3.0: The difference between the Decentralised Web and the Semantic Web,” Business Anecdote, Jan. 02, 2023. https://www.thebusinessanecdote.com/post/web3-vs-web-3-0-the-difference-between-the-decentralised-web-and-the-semantic-web (accessed Mar. 17, 2023).
6. R. A. R, “The scope of Decentralizing Data Marketplaces using blockchain,” Accubits Blog, May 11, 2021. https://blog.accubits.com/the-scope-of-decentralizing-data-marketplaces-using-blockchain/ (accessed Mar. 18, 2023).
7. “ERC-721.” http://erc721.org/ (accessed Mar. 18, 2023).
8. “ERC-20 Token Standard,” ethereum.org. https://ethereum.org (accessed Mar. 18, 2023).
9. “Data NFTs and Datatokens.” https://docs.oceanprotocol.com/core-concepts/architecture (accessed Mar. 18, 2023).
10. “Data NFTs and Datatokens.” https://docs.oceanprotocol.com/core-concepts/datanft-and-datatoken (accessed Mar. 18, 2023).
11. “Decentralized Identifiers (DIDs) v1.0.” https://w3c.github.io/did-core/ (accessed Mar. 18, 2023).
12. “Architecture.” https://docs.oceanprotocol.com/building-with-ocean/compute-to-data/compute-to-data-architecture (accessed Mar. 18, 2023).
13. “General Data Protection Regulation,” Wikipedia. Mar. 13, 2023. Accessed: Mar. 18, 2023. [Online]. Available: https://en.wikipedia.org/w/index.php?title=General_Data_Protection_Regulation&oldid=1144398012
14. “Role-based access control,” Wikipedia. Feb. 13, 2023. Accessed: Mar. 18, 2023. [Online]. Available: https://en.wikipedia.org/w/index.php?title=Role-based_access_control&oldid=1139093053
15. Jamie, “Fine-Grained Permissions now supported in Ocean Protocol,” Medium, Nov. 17, 2021. https://blog.oceanprotocol.com/fine-grained-permissions-now-supported-in-ocean-protocol-4fe434af24b9 (accessed Mar. 18, 2023).
16. “Forking Ocean Market.” https://docs.oceanprotocol.com/building-with-ocean/build-a-marketplace/forking-ocean-market (accessed Mar. 19, 2023).
17. “Ocean Market,” Ocean Market. https://market.oceanprotocol.com (accessed Mar. 19, 2023).
18. “Learn Ocean Protocol | OceanAcademy.” https://www.oceanacademy.io/ (accessed Mar. 19, 2023).
19. “Acentrik, Decentralized Data Marketplace Now in Enterprise Release, Is On Polygon Mainnet.” https://polygon.technology/blog/acentrik-decentralized-data-marketplace-now-in-enterprise-release-is-on-polygon-mainnet (accessed Mar. 19, 2023).
20. “Acentrik Knowledge Base - Compute-to-Data.” https://support.acentrik.io/help/en-us/28-key-features-of-acentrik-data-marketplace/61-compute-to-data (accessed Mar. 19, 2023).
21. Acentrik, “Latest Release — Acentrik’s Version 1.1.0,” Medium, Dec. 21, 2022. https://acentrik.medium.com/latest-release-acentriks-version-1-1-0-781108fd7c1c (accessed Mar. 19, 2023).
Copyright (c) 2023 Raymond Marinescu, Augustin Semenescu
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
