Blockchain and Industry 4.0

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Why Blockchain is at the heart of the Fourth Industrial Revolution and Digital Economy?

We are immersed in the fourth industrial revolution that is fundamentally changing the way we live, work and relate to one another. Industry 4.0 is an emerging era of connectivity and interaction among parts, machines and humans that have the potential to create enormous production and efficiency dividends, improvements in the quality of life and sustainable environmental outcomes. Swinburne’s Industry 4.0 Strategy is currently focused on addressing key priorities of national importance including the following:

  • How can Australian industries successfully implement Industry 4.0 strategies, technologies and practices across key growth sectors?
  • How can Australia’s manufacturing industry access global value chains by becoming more agile, innovative and productive?
  • How can Australia develop work force capabilities in partnership with industry and business to lead industry transformations and growth in the global context?

The fourth industrial revolution will be established on trusted networks that remove the need for middlemen. Simple processes that are currently tackled manually or in a segregated manner will be undertaken in an integreated way using digital, autonomous systems, underpinned in many cases by Blockchain technology. This document aims to provide insights around four core questions

Swinburne University of Technology partnered with Capgemini, a global leader in consulting, technology services and digital transformation, to develop this paper.

Blockchain and Industry...

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