Articles tagged as blockchain

How the growing adoption of emerging tech (IoT, blockchain, edge ecosystems, Web 3.0 and more) will reshape IT in 2023 and beyond
· Connected Industry

How the growing adoption of emerging tech (IoT, blockchain, edge ecosystems, Web 3.0 and more) will reshape IT in 2023 and beyond

While some industries are just starting to consider the benefits of emerging tech, the IT sector is not only fully immersed but is spearheading massive disruption. This disruption is creating innovative, digital business models that are reimagining how governments, factories, retail establishments, transportation, and even the art world will function. By leveraging these disruptive forces, […]

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Blockchain for the industry
· Connected Industry

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 times in recent years and companies have different opinions on the evolution of this “disruptive” technology, especially regarding the […]

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Blockchain: A New Solution for the Grid Stability Problem
· Connected Industry

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, more and more consumers are investing in solar rooftops, heat pumps and other renewables generators to reduce their energy […]

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Blockchain for Smart Cities, Simplified
· Smart Cities

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 one of the most disruptive new technologies since the internet itself. While a number of cities, governments and corporations […]

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Siemens Board Level Perspectives on IIoT & Blockchain
· Connected Industry

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 is today mostly about customization of products – how does Siemens see customization opportunities in Industry 4.0 without a […]

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Benefits of the blockchain technology in manufacturing
· Connected Industry

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, not only currency transactions but also data exchanges, in such a way that the record cannot be tampered with. […]

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Industrial IoT and the (Data) Sharing Economy
· Connected Industry

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. According to Accenture, the impact of IIoT on global GDP will be $14.3 Trillion by 2030. Up to 60% […]

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Blockchain: The Missing Link Between Security and the IoT?
· Cybersecurity

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 capability to secure billions of devices connected to the unwieldy internet, calling for viable solutions that could fill the […]

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Can blockchain address the Industrial IoT security?
· Cybersecurity

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 how can it be helpful with Industrial IoT? In order to understand what blockchain is, let’s first discuss another […]

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