Imagine the cost savings that could come from having a perfect digital copy of an assembly line product – a replica that isn’t just about dimensions and assembly details, but also reflects materials, lifetime maintenance data, and more.
You might know blockchain from its (much maligned) association with cryptocurrencies like Bitcoin and various ICOs (Initial Coin Offerings). But blockchain is really much more than that.
The Internet of Things is disrupting every aspect of retail, design, manufacturing, sales, and consumer space. So it’s no surprise that the rise of IoT is making itself felt within production systems in the manufacturing environment.