Overview of Blockchain as the Engine of the 4th Industrial Revolution

In this paper, we look at how blockchain ecosystem coupled with blockchain technology is developing to foster a new blockchain-powered society. When applications are diversifying, you will be able to perform voting on the blockchain, register assets, write smart contracts without the force of a third party. The work’s attribution and provenance nature of blockchain could play a greater role in the music and art industry. The concept of the distributed ledger using blockchain, though still in its infancy, is a potentially much more radical innovation, creating new ways for firms to exchange value without relying on central infrastructure, and hence, revolutionize the way we do business in the now commencing Industry 4.0.