Download PDFOpen PDF in browserEquipment Life-cycle Management based on Private Blockchain and Smart ContractEasyChair Preprint 51211 pages•Date: September 18, 2018AbstractEquipment management is gradually becoming more decentralized, and in many cases, the equipment owner, operator, maintainer and inspector are not the same legal entity. This slows down equipment data transmission between stakeholders and reduces business and technical process automation. In this paper we dis-cussed the use of a distributed ledger concept and propose to use private block-chain together with smart contract to resolve these challenges and to create a more automated and surveillance-free equipment lifecycle management process. Keyphrases: Blockchain, Equipment Life-cycle Management, IPFS, distributed ledger, smart contract
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