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Distributed Ledger Enabled Internet of Things Platforms: Symbiosis Evaluation

In: Business Transformation through Blockchain

Author

Listed:
  • Daniel Burkhardt

    (Ferdinand-Steinbeis-Institute)

  • Patrick Frey

    (Ferdinand-Steinbeis-Institute)

  • Simon Hiller

    (Ferdinand-Steinbeis-Institute)

  • Alexander Neff

    (Ferdinand-Steinbeis-Institute)

  • Heiner Lasi

    (Ferdinand-Steinbeis-Institute)

Abstract

With the emergence of Internet platforms in the manufacturing domain, new implications have evolved for existing businesses which force them to find new business areas or adapt their products and services in order to create added value. Furthermore, generic platforms build on these domain specific platforms to offer services across business areas, which creates additional disruption potential. Manufacturing companies need to decide if they are to develop their own platform in order to connect machines on the shop floor to the internet or to other domains. Some of the requirements that appear for such platforms in the Internet of Things are explained in this chapter. Based on these requirements, technology classifications are thus designed. The technology of Distributed Ledger will offer new opportunities to replace existing components at all levels of industrial IT architecture. Therefore, platforms can be reshaped by using a different technology portfolio, which acts as a counterpoint to the defined technology classifications of platforms. The Industrial Internet Reference Architecture is used to illustrate the described comparison of technology portfolios.

Suggested Citation

  • Daniel Burkhardt & Patrick Frey & Simon Hiller & Alexander Neff & Heiner Lasi, 2019. "Distributed Ledger Enabled Internet of Things Platforms: Symbiosis Evaluation," Springer Books, in: Horst Treiblmaier & Roman Beck (ed.), Business Transformation through Blockchain, chapter 4, pages 77-118, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-99058-3_4
    DOI: 10.1007/978-3-319-99058-3_4
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    Keywords

    IoT; IIoT; I4.0; (Meta-) platforms; Distributed ledger; Blockchain;
    All these keywords.

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