Table 4 Comparison with other state-of-the-art methods.

From: The collaborative role of blockchain, artificial intelligence, and industrial internet of things in digitalization of small and medium-size enterprises

Other state-of-the-art

Contribution

Advantages and weakness

Our proposed system

Internationalization in India: A role of blockchain technology in small-medium enterprises30

This study proposed an advancement and integration model of business-to-consumer driven SMEs and robust them possess that perform more accurate operational deliverance. Substantially, it provides a holistic view compared to other states of the art

Survey on forty-three SMEs and collected records

Regional specific

Theoretical contribution

Lack of data integrity, privacy, and security

In this attribute, we highlight the contribution, advancement, and benefits of the proposed B-SMEs. The list of improvement is discussed as follow:

Integrated technologies: AI, blockchain, and IoT

Chain: Chronological order (on-chain and off-chain)

Infrastructure: Blockchain public network infrastructure

Network: Distributed permissionless network

Node Size: Fixed size 4-MB

Encryption: NuCypher Re-encryption

Consensus: Custom-build PoW and PoS

Real-time usage: available to adoption for industrial use

Reduce resource consumption: Down to 9.13%

Efficiency: Increases up to 14.11% compared to others

Accuracy: increases up to 7.9%

Small business emergence and adaptation for development of market growth31

This paper presented an identification process for selecting fintech and analytical algorithms. And so, designed SMEs which provide more reliability in terms of operations, control, strategic decision, and deliverance

Emerging markets and developing economies

Big data involvement

Data management, optimization, and preservation limitations

Quality evaluation and potential impact in the development of SMEs32

The study focused on the development of SMEs authority, where all the startups and small businesses get the benefits of equality, such as industrial, manufacturing, production, and investment related

Small and medium development authority

Compliance related issues in Pakistan

Streamline automation of data handling issues

A state-of-the-art method: the research on Industry 4.0 disruption in various industrial and manufacturing sections33

This research discussed the convergence of twelve disruptive technologies, such as AI, blockchain, IoT, cloud computing, big data, robotics, augmented reality, etc. And so this highlighted the need for extensive research in SMEs to increase the application of the disruptive

Level of discombobulation

Cross chain platform limitations

Retrofitting issues

Increase cost of privacy and security