Skip to main content

Blockchains: A Conceptual Assessment from a Product Lifecycle Implementation Perspective

  • Conference paper
  • First Online:
Product Lifecycle Management Enabling Smart X (PLM 2020)

Part of the book series: IFIP Advances in Information and Communication Technology ((IFIPAICT,volume 594))

Included in the following conference series:

Abstract

PLM systems are heavily distributed collaborative platforms resulting in multiple challenges related to the integrity and reliability of the exchanged information. Such issues are usually difficult to address using traditional software solutions. However, since the introduction of blockchains, such challenges are currently being effectively addressed. On the one hand, traditional PLM systems design philosophy was mainly about centralized proprietary systems that have difficulty to cope with new distributed and open environments imposed by the extensive use of IoT platforms and other Industry 4.0 tools. On the other hand, blockchains address data integrity issues by design, and mitigate some of the trust concerns found in collaborative platforms. Through this paper, we study and evaluate the integration of blockchain technology with PLM systems highlighting the different advantages, challenges, and issues that this integration might induce.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Li, J., Tao, F., Cheng, Y., Zhao, L.: Big data in product lifecycle management. Int. J. Adv. Manuf. Technol. 81, 667–684 (2015)

    Article  Google Scholar 

  2. Lasi, H., Fettke, P., Kemper, H.-G., Feld, T., Hoffmann, M.: Industry 40. Bus. Inf. Syst. Eng. 6, 239–242 (2014)

    Article  Google Scholar 

  3. Tao, F., Zuo, Y., Da Xu, L., Zhang, L.: IoT-based intelligent perception and access of manufacturing resource toward cloud manufacturing. IEEE Trans. Industr. Inf. 10, 1547–1557 (2014)

    Article  Google Scholar 

  4. Saaksvuori, A., Immonen, A.: Product Lifecycle Management. Springer, Cham (2008). https://doi.org/10.1007/978-3-540-78172-1

  5. Terzi, S., Bouras, A., Dutta, D., Garetti, M., Kiritsis, D.: Product lifecycle management-from its history to its new role. Int. J. Product Lifecycle Manage. 4, 360–389 (2010)

    Article  Google Scholar 

  6. Stark, J.: Product lifecycle management. In: Product Lifecycle Management. Decision Engineering. Springer, London (2011). https://doi.org/10.1007/978-0-85729-546-0_1

  7. Ferreira, F.D., Faria, J., Azevedo, A., Marques, A.L.: Product lifecycle management enabled by industry 4.0 technology (2016)

    Google Scholar 

  8. Nofer, M., Gomber, P., Hinz, O., Schiereck, D.: Blockchain. Business & information. Syst. Eng. 59, 183–187 (2017)

    Google Scholar 

  9. Underwood, S.: Blockchain Beyond Bitcoin. ACM, New York (2016)

    Book  Google Scholar 

  10. Viriyasitavat, W., Da Xu, L., Bi, Z., Sapsomboon, A.: Blockchain-based business process management (BPM) framework for service composition in industry 4.0. J. Intell. Manuf. 30, 1–12 (2018)

    Google Scholar 

  11. Bocek, T., Rodrigues, B.B., Strasser, T., Stiller, B.: Blockchains everywhere-a use-case of blockchains in the pharma supply-chain. In: 2017 IFIP/IEEE Symposium on Integrated Network and Service Management (IM), pp. 772–777. IEEE (2017)

    Google Scholar 

  12. Bahga, A., Madisetti, V.K.: Blockchain platform for industrial internet of things. J. Softw. Eng. Appl. 9, 533–546 (2016)

    Article  Google Scholar 

  13. Li, Z., Wang, W., Liu, G., Liu, L., He, J., Huang, G.: Toward open manufacturing. Industr. Manage. Data Syst. 118, 303–320 (2018)

    Article  Google Scholar 

  14. Li, Z., Kang, J., Yu, R., Ye, D., Deng, Q., Zhang, Y.: Consortium blockchain for secure energy trading in industrial internet of things. IEEE Trans. Industr. Inf. 14, 3690–3700 (2017)

    Google Scholar 

  15. Francisco, K., Swanson, D.: The supply chain has no clothes: technology adoption of blockchain for supply chain transparency. Logistics 2, 2 (2018)

    Article  Google Scholar 

  16. Kim, H.M., Laskowski, M.: Toward an ontology-driven blockchain design for supply-chain provenance. Intell. Syst. Account. Financ. Manage. 25, 18–27 (2018)

    Article  Google Scholar 

  17. Madhwal, Y., Panfilov, P.B.: Blockchain and supply chain management: aircrafts’parts’business case. In: Annals of DAAAM & Proceedings, vol. 28 (2017)

    Google Scholar 

  18. Mattila, J., Seppälä, T., Holmström, J.: Product-centric information management: a case study of a shared platform with blockchain technology (2016)

    Google Scholar 

  19. Andreev, R., Andreeva, P., Krotov, L., Krotova, E.: Review of blockchain technology: Types of blockchain and their application. Intellekt. Sist. Proizv. 16, 11–14 (2018)

    Article  Google Scholar 

  20. Saberi, S., Kouhizadeh, M., Sarkis, J., Shen, L.: Blockchain technology and its relationships to sustainable supply chain management. Int. J. Prod. Res. 57, 2117–2135 (2019)

    Article  Google Scholar 

  21. Hackius, N., Petersen, M.: Blockchain in logistics and supply chain: trick or treat? In: Digitalization in Supply Chain Management and Logistics: Smart and Digital Solutions for an Industry 4.0 Environment. Proceedings of the Hamburg International Conference of Logistics (HICL), vol. 23, pp. 3–18. epubli GmbH, Berlin (2017)

    Google Scholar 

  22. Krupa, K.S., Akhil, M.S.: Reshaping the real estate industry using blockchain. In: Sridhar, V., Padma, M.C., Rao, K.A.Radhakrishna (eds.) Emerging Research in Electronics, Computer Science and Technology. LNEE, vol. 545, pp. 255–263. Springer, Singapore (2019). https://doi.org/10.1007/978-981-13-5802-9_24

    Chapter  Google Scholar 

  23. Spielman, A.: Blockchain: digitally rebuilding the real estate industry. Massachusetts Institute of Technology (2016)

    Google Scholar 

  24. Tapscott, A., Tapscott, D.: How blockchain is changing finance. Harvard Bus. Rev. 1, 2–5 (2017)

    Google Scholar 

  25. Yoo, S.: Blockchain based financial case analysis and its implications. Asia Pacific J. Innovation Entrepreneurship 11, 312–321 (2017)

    Google Scholar 

  26. Engelhardt, M.A.: Hitching healthcare to the chain: an introduction to blockchain technology in the healthcare sector. Technol. Innovation Manage. Rev. 7, 22–34 (2017)

    Article  Google Scholar 

  27. Mettler, M.: Blockchain technology in healthcare: the revolution starts here. In: 2016 IEEE 18th International Conference on e-Health Networking, Applications and Services (Healthcom), pp. 1–3. IEEE (2016)

    Google Scholar 

  28. Cohn, A., West, T., Parker, C.: Smart after all: blockchain, smart contracts, parametric insurance, and smart energy grids. Georgetown Law Technol. Rev. 1, 273–304 (2017)

    Google Scholar 

  29. Crawford, M.: The insurance implications of blockchain. Risk Manage. 64, 24 (2017)

    Google Scholar 

  30. Lee, L.: New kids on the blockchain: how bitcoin’s technology could reinvent the stock market. Hastings Bus. LJ 12, 81 (2015)

    Google Scholar 

  31. Gürkaynak, G., Yılmaz, İ., Yeşilaltay, B., Bengi, B.: Intellectual property law and practice in the blockchain realm. Comput. Law Secur. Rev. 34, 847–862 (2018)

    Article  Google Scholar 

  32. Wang, J., Wang, S., Guo, J., Du, Y., Cheng, S., Li, X.: A summary of research on blockchain in the field of intellectual property. Procedia Comput. Sci. 147, 191–197 (2019)

    Article  Google Scholar 

  33. Wu, H., Li, Z., King, B., Ben Miled, Z., Wassick, J., Tazelaar, J.: A distributed ledger for supply chain physical distribution visibility. Information 8, 137 (2017)

    Article  Google Scholar 

  34. Abeyratne, S.A., Monfared, R.P.: Blockchain ready manufacturing supply chain using distributed ledger (2016)

    Google Scholar 

Download references

Acknowledgement

This publication was made possible by NPRP grant NPRP11S-1227-170135 from the Qatar National Research Fund (a member of Qatar Foundation). The statements made herein are solely the responsibility of the authors.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Abdelhak Belhi .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2020 IFIP International Federation for Information Processing

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Belhi, A., Bouras, A., Patel, M.K., Aouni, B. (2020). Blockchains: A Conceptual Assessment from a Product Lifecycle Implementation Perspective. In: Nyffenegger, F., Ríos, J., Rivest, L., Bouras, A. (eds) Product Lifecycle Management Enabling Smart X. PLM 2020. IFIP Advances in Information and Communication Technology, vol 594. Springer, Cham. https://doi.org/10.1007/978-3-030-62807-9_46

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-62807-9_46

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-62806-2

  • Online ISBN: 978-3-030-62807-9

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics