Blockchain for Industrial Internet of Things (IIoT)

Abstract

Over the years, the industrial and manufacturing applications have become highly connected and automated. The incorporation of interconnected smart sensors, actuators, instruments, and other devices helps in establishing higher reliability and efficiency in the industrial and manufacturing process. This has given rise to the industrial internet of things (IIoT). Since IIoT components are scattered all over the network, real-time authenticity of the IIoT activities becomes essential. Blockchain technology is being considered by the researchers as the decentralized architecture to securely process the IIoT transactions. However, there are challenges involved in effective implementation of blockchain in IIoT. This chapter presents the importance of blockchain in IIoT paradigm, its role in different IIoT applications, challenges involved, possible solutions to overcome the challenges and open research issues.