This paper proposes a prototype real time validation scheme using 'solidity' and 'node.js' for the building of blockchain used as decentralized database of an Industrial Internet of thing (IIoT) model.A major challenge or demand of Industry 4.0 is the need for real-time systems and associated capabilities. Several works have emerged in the past one decade since the inception of block-chain technology but no contribution towards its expansion is considered trivial as the technology is continuously evolving and the ranges of applications keep expanding. The result of the design shows that the proposed system has the the capacity to validate industrial IoT activities in real time and boost confidence which is critical to the growth of industries beyond the 21st century.
Don't you think a latency figure of 12 seconds is too large for mining time of blockchain?
Yes, in my presentation I said that a mining time of such value is too large and that is one of the major basis of the paper. My aim at bringing it up is to draw attention to it and see how more research can be done to improve on Latency as we approach full implementation of 5G and IoT era.