Distributed Ledger Technology for Automotive Production 4.0

Abstract

Distributed Ledger Technology (DLT) is a relative new technology, which already has a significant impact, especially in a field of financing. Nevertheless, there are many more fields, like technical, social, juristic, security etc., which will be more and more influenced by the usage of DLT. One of these fields is an industrial one: Industry 4.0 with its numerous technical and technological branches. There are revolutionary changes in all of these branches involved through the Internet of Things and through the high-level Robotics/Automation. One of integral components of the global economy, the automotive industry, has been faced many challenges in recent times like climate changes, new regulations, security and safety challenges of Car-to-Car and Car-to-Infrastructure communications, new hardware and software architecture, new functionalities and new business models. In order to successfully master new demands, new technologies and alternative business models are needed. Those technologies have to be integrated into Industry 4.0, in particularly Car Industry 4.0. One of these new technologies is DLT. This paper proposes the usage of DLT in an essential part of a Car Industry: its production. The car production is already fully automated and cannot be imagined without robots nowadays. Involvement of DLT in network of robots brings numerous advantages in car production, which will be analyzed in this paper.