Blockchain technology in the internet plus: The collaborative development of power electronic devices

Yinxin Yan, Bin Duan, Zhong Ying, Xiangshuai Qu · IECON 2017 - 43rd Annual Conference of the IEEE Industrial Electronics Society · 2017

Blockchain technology is a kind of distributed database network, which provides the P2P (Peer-to-Peer) digital currency transaction mode through the encryption algorithm and the decentralized mechanism. This paper is to study the application of blockchain technology related to industry 4.0, and put forward blockchain technology in the cooperative development of power electronic devices. The above application scenario includes a producer and a number of engineers, and they are trading on the blockchain. The producer publishes the special requirement of power electronic device which has a preference considering the conflicts between different parameters to apply to his certain industrial scenario. The participants are to design the power supply topology in accordance with the parameters required by the producer. When all parameters are satisfied the order of the producer, it is about to complete the transaction. All participants are required to provide true data of their topology design models.

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