Blockchain Technology Helps Maintenance to Stop Climate Change

Michele Albano, Pankaj Sharma, Jaime Campos, Erkki Jantunen

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsProfessional

Abstract

The development and interest in Industry 4.0 together with rapid development of Cyber Physical Systems has created magnificent opportunities to develop maintenance to a totally new level. The Maintenance 4.0 vision considers massive exploitation of information regarding factories and machines to improve maintenance efficiency and efficacy, for example by facilitating logistics of spare parts, but on the other hand this creates other logistics issues on the data itself, which only exacerbate data management issues that emerge whendistributed maintenance platforms scale up. In fact, factories can be delocalized with respect to the data centers, where data has to be transferred to be processed. Moreover, any transaction needs communication, be it related to purchase of spare parts, sales contract, and decisions making in general, and it has to be verified by remote parties. Keeping in mind the current average level of Overall Equipment Efficiency (50%) i.e. there is a hidden factory behind every factory, the potential is huge. It is expected that most of this potential can be realised based on the use of the above named technologies, and relying on a new approach called blockchain technology, the latter aimed at facilitating data and transactions management. Blockchain supports logistics by a distributed ledger to record transactions in a verifiable and permanent way, thus removing the need for multiple remote parties to verify and store every transaction made, in agreement with the first “r” of maintenance (reduce, repair, reuse, recycle). Keeping in mind the total industrial influence on the climate change, we can expect that with the aid of the new advancements the climate change can be if not totally stopped at least reduced, and contribute to the green economy that Europe aims for. The paper introduces the novel technologies that can support sustainability of manufacturing and industry at large, and proposes an architecture to bind together said technologies to realise the vision of Maintenance 4.0.
Original languageEnglish
Title of host publicationProceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018
Subtitle of host publicationThe Future of Maintenance
EditorsJose Torres Farinha, Diego Galar
PublisherUniversity of Coimbra
Pages10-17
EditionFCTUC-DEM
Publication statusPublished - 22 Jul 2018
MoE publication typeD3 Professional conference proceedings
EventMaintenance Performance Measurement and Management, MPMM 2018 - Coimbra, Portugal
Duration: 21 Jun 201822 Jun 2018

Conference

ConferenceMaintenance Performance Measurement and Management, MPMM 2018
CountryPortugal
CityCoimbra
Period21/06/1822/06/18

Fingerprint

Climate change
Industrial plants
Logistics
Information management
Sustainable development
Industry
Sales
Repair
Decision making
Communication

Keywords

  • OEE
  • blockchain
  • CPS
  • IoT
  • maintenance

Cite this

Albano, M., Sharma, P., Campos, J., & Jantunen, E. (2018). Blockchain Technology Helps Maintenance to Stop Climate Change. In J. T. Farinha, & D. Galar (Eds.), Proceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018: The Future of Maintenance (FCTUC-DEM ed., pp. 10-17). University of Coimbra.
Albano, Michele ; Sharma, Pankaj ; Campos, Jaime ; Jantunen, Erkki. / Blockchain Technology Helps Maintenance to Stop Climate Change. Proceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018: The Future of Maintenance. editor / Jose Torres Farinha ; Diego Galar. FCTUC-DEM. ed. University of Coimbra, 2018. pp. 10-17
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abstract = "The development and interest in Industry 4.0 together with rapid development of Cyber Physical Systems has created magnificent opportunities to develop maintenance to a totally new level. The Maintenance 4.0 vision considers massive exploitation of information regarding factories and machines to improve maintenance efficiency and efficacy, for example by facilitating logistics of spare parts, but on the other hand this creates other logistics issues on the data itself, which only exacerbate data management issues that emerge whendistributed maintenance platforms scale up. In fact, factories can be delocalized with respect to the data centers, where data has to be transferred to be processed. Moreover, any transaction needs communication, be it related to purchase of spare parts, sales contract, and decisions making in general, and it has to be verified by remote parties. Keeping in mind the current average level of Overall Equipment Efficiency (50{\%}) i.e. there is a hidden factory behind every factory, the potential is huge. It is expected that most of this potential can be realised based on the use of the above named technologies, and relying on a new approach called blockchain technology, the latter aimed at facilitating data and transactions management. Blockchain supports logistics by a distributed ledger to record transactions in a verifiable and permanent way, thus removing the need for multiple remote parties to verify and store every transaction made, in agreement with the first “r” of maintenance (reduce, repair, reuse, recycle). Keeping in mind the total industrial influence on the climate change, we can expect that with the aid of the new advancements the climate change can be if not totally stopped at least reduced, and contribute to the green economy that Europe aims for. The paper introduces the novel technologies that can support sustainability of manufacturing and industry at large, and proposes an architecture to bind together said technologies to realise the vision of Maintenance 4.0.",
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Albano, M, Sharma, P, Campos, J & Jantunen, E 2018, Blockchain Technology Helps Maintenance to Stop Climate Change. in JT Farinha & D Galar (eds), Proceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018: The Future of Maintenance. FCTUC-DEM edn, University of Coimbra, pp. 10-17, Maintenance Performance Measurement and Management, MPMM 2018, Coimbra, Portugal, 21/06/18.

Blockchain Technology Helps Maintenance to Stop Climate Change. / Albano, Michele; Sharma, Pankaj; Campos, Jaime; Jantunen, Erkki.

Proceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018: The Future of Maintenance. ed. / Jose Torres Farinha; Diego Galar. FCTUC-DEM. ed. University of Coimbra, 2018. p. 10-17.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsProfessional

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T1 - Blockchain Technology Helps Maintenance to Stop Climate Change

AU - Albano, Michele

AU - Sharma, Pankaj

AU - Campos, Jaime

AU - Jantunen, Erkki

PY - 2018/7/22

Y1 - 2018/7/22

N2 - The development and interest in Industry 4.0 together with rapid development of Cyber Physical Systems has created magnificent opportunities to develop maintenance to a totally new level. The Maintenance 4.0 vision considers massive exploitation of information regarding factories and machines to improve maintenance efficiency and efficacy, for example by facilitating logistics of spare parts, but on the other hand this creates other logistics issues on the data itself, which only exacerbate data management issues that emerge whendistributed maintenance platforms scale up. In fact, factories can be delocalized with respect to the data centers, where data has to be transferred to be processed. Moreover, any transaction needs communication, be it related to purchase of spare parts, sales contract, and decisions making in general, and it has to be verified by remote parties. Keeping in mind the current average level of Overall Equipment Efficiency (50%) i.e. there is a hidden factory behind every factory, the potential is huge. It is expected that most of this potential can be realised based on the use of the above named technologies, and relying on a new approach called blockchain technology, the latter aimed at facilitating data and transactions management. Blockchain supports logistics by a distributed ledger to record transactions in a verifiable and permanent way, thus removing the need for multiple remote parties to verify and store every transaction made, in agreement with the first “r” of maintenance (reduce, repair, reuse, recycle). Keeping in mind the total industrial influence on the climate change, we can expect that with the aid of the new advancements the climate change can be if not totally stopped at least reduced, and contribute to the green economy that Europe aims for. The paper introduces the novel technologies that can support sustainability of manufacturing and industry at large, and proposes an architecture to bind together said technologies to realise the vision of Maintenance 4.0.

AB - The development and interest in Industry 4.0 together with rapid development of Cyber Physical Systems has created magnificent opportunities to develop maintenance to a totally new level. The Maintenance 4.0 vision considers massive exploitation of information regarding factories and machines to improve maintenance efficiency and efficacy, for example by facilitating logistics of spare parts, but on the other hand this creates other logistics issues on the data itself, which only exacerbate data management issues that emerge whendistributed maintenance platforms scale up. In fact, factories can be delocalized with respect to the data centers, where data has to be transferred to be processed. Moreover, any transaction needs communication, be it related to purchase of spare parts, sales contract, and decisions making in general, and it has to be verified by remote parties. Keeping in mind the current average level of Overall Equipment Efficiency (50%) i.e. there is a hidden factory behind every factory, the potential is huge. It is expected that most of this potential can be realised based on the use of the above named technologies, and relying on a new approach called blockchain technology, the latter aimed at facilitating data and transactions management. Blockchain supports logistics by a distributed ledger to record transactions in a verifiable and permanent way, thus removing the need for multiple remote parties to verify and store every transaction made, in agreement with the first “r” of maintenance (reduce, repair, reuse, recycle). Keeping in mind the total industrial influence on the climate change, we can expect that with the aid of the new advancements the climate change can be if not totally stopped at least reduced, and contribute to the green economy that Europe aims for. The paper introduces the novel technologies that can support sustainability of manufacturing and industry at large, and proposes an architecture to bind together said technologies to realise the vision of Maintenance 4.0.

KW - OEE

KW - blockchain

KW - CPS

KW - IoT

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M3 - Conference article in proceedings

SP - 10

EP - 17

BT - Proceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018

A2 - Farinha, Jose Torres

A2 - Galar, Diego

PB - University of Coimbra

ER -

Albano M, Sharma P, Campos J, Jantunen E. Blockchain Technology Helps Maintenance to Stop Climate Change. In Farinha JT, Galar D, editors, Proceedings of Maintenance Performance Measurement and Management (MPMM) Conference 2018: The Future of Maintenance. FCTUC-DEM ed. University of Coimbra. 2018. p. 10-17