Е-Публикации
Технически университет - София

Abstract: The article discusses the advantages and disadvantages of Blockchain technologies. The types of distributed networks are defined and established as open, closed, consortium, and hybrid. Due to the variety of platforms in the Industry 4.0 society, which cannot be distinguished exactly as one type among those listed, the advantages and disadvantages of public and private networks are analyzed. Creating a real project requires compliance with various criteria. The synergism of standard and specialized environmental factors suggests difficulty in developing a techno-economic analysis for a specific task. Therefore, a SWOT analysis is proposed through which strengths and weaknesses, threats, and challenges are determined. To reduce the impact of threats and weaknesses when implementing technology in the industry, a combination of an Enterprise Resource Planning (shortly ERP) software platform and a fast data-transfer environment (such as 5G) is proposed. For this purpose, the features of the latter, which overcome threats and weaknesses, are established. It is established that the collaborative integration of technologies fosters business growth enhances economic impact, and serves as a strong foundation for long-term development across various fronts, positioning ahead of competitors.

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