There has been an intense concern for security alternatives because of the recent rise of cyber attacks, mainly targeting critical systems such as industry, medical, or energy ecosystem. Though the latest industry infrastructures largely depend on AI-driven maintenance, the prediction based on corrupted data undoubtedly results in loss of life and capital. Admittedly, an inadequate data-protection mechanism can readily challenge the security and reliability of the network. The shortcomings of the conventional cloud or trusted certificate-driven techniques have motivated us to exhibit a unique Blockchain-based framework for a secure and efficient industry 4.0 system. The demonstrated framework obviates the long-established certificate authority after enhancing the consortium Blockchain that reduces the data processing delay, and increases cost-effective throughput. Nonetheless, the distributed industry 4.0 security model entails cooperative trust than depending on a single party, which in essence indulges the costs and threat of the single point of failure. Therefore, multi-signature technique of the proposed framework accomplishes the multi-party authentication, which confirms its applicability for the real-time and collaborative cyber-physical system.