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Articles tagged as blockchain

Blockchain for the industry

A technology with great potential, which can optimize processes and solve problems, but which, without giving in to easy enthusiasm, must be carefully contextualized, under penalty of premature rejection. The Blockchain theme has been proposed several…

Blockchain: A New Solution for the Grid Stability Problem

The emerging blockchain technology will allow to improve the safety, transparency and trust among participants of the energy market giving a new solution for the grid stability problem. What Blockchain can do for Power Grids Today,…

Blockchain for Smart Cities, Simplified

Blockchain technology is just beginning period of projected exponential growth. It has already become a go-to in global smart cities applications. In this report, I want to share with you why I believe blockchain could be…

Siemens Board Level Perspectives on IIoT & Blockchain

Recently, Lucian Fogoros, Co-founder and Managing Director of IIoT World, interviewed Klaus Helmrich, Member of the Managing Board of Siemens AG and CEO Digital Industries. Some of the questions we asked were crowdsourced. Lucian Fogoros: Industry 4.0…

Benefits of the blockchain technology in manufacturing

Blockchain technology attempts to address the problems described in the previous section through a common data architecture that allows non-trusting parties to share information in a more secure manner. Blockchains are designed to permanently record transactions,…

Industrial IoT and the (Data) Sharing Economy

Where is the real money in IIoT? Industrial IoT (IIoT) is a huge business opportunity. According to IndustryARC research (June 2016), the IIoT market is estimated to reach $123.89 Billion by 2021 at a high CAGR.…

Blockchain: The Missing Link Between Security and the IoT?

The internet of things (IoT) has been associated with major cyberattacks, often involving the abuse of vulnerable connected devices, such as surveillance cameras, to facilitate malicious activities. Of course, concerns have been raised about the IoT’s…

Can blockchain address the Industrial IoT security?

Possible ICS security solution from the sensor to the cloud It seems like nowadays everyone is talking about this new buzzword called "blockchain". It's all over the Internet! What is blockchain? What's it used for? And…