Featured Stories

Categories

How IoT and blockchain will impact manufacturing

Graham Immerman
March 05, 2019

The fourth industrial revolution is well underway, so what effect will IoT and blockchain have?

As IoT becomes more affordable and blockchain matures, the possibilities are growing. 

Jaxenter predicted, "Adding IoT technology, and using blockchain to share the data, will soon become as common for manufacturers as automated conveyor belts or basic process optimizations. The potential benefits are so broad, and the relative costs so low, that only a small portion of manufacturers would decide the technology is not worthwhile."

The next step is to make blockchain more easily accessed and integrated. Have you seen these techologies impact the industry already?

IoT and blockchain are ready to drive a manufacturing revolution - JAXenterSource: http://jaxenter.com

While these potential benefits have been technologically available for some time already, the trend is only entering the mainstream right now because the costs have fallen to a level where it makes sense for most manufacturers to leverage IoT technology.Adding IoT technology, and using blockchain to share the data, will soon become as common for manufacturers as automated conveyor belts or basic process optimizations.Read More

Comments

Related posts

Generalized technology vs. purpose-built
24May

Generalized technology vs. purpose-built

Generalized technologies are becoming more popular, in some cases they are actually replacing purpose-built options.  Forbes reported, "One of the core opportunities of Industry 4.0 is the development...

Notable inventions that led to Industry 4.0
23May

Notable inventions that led to Industry 4.0

Industry 4.0 is a product of manufacturing's history and a few notable inventions.  The invention of the telephone changed the world - and it changed business considerably! The same goes for invention...

Who is leading the charge?
22May

Who is leading the charge?

Who is leading the charge when it comes to Industry 4.0? Assembly plants. Assembly Magazine said, "Factories of the future will feature advanced technology, such as additive manufacturing, artificial ...

Why Industry 4.0 is unprecedented
15May

Why Industry 4.0 is unprecedented

Industry 4.0 is resulting in unprecedented levels of efficiency and productivity. Digital Twins are taking that a step further. A digital twin has to do with two way interactions between physical and ...

Industry 4.0 is worth your attention.
15May

Industry 4.0 is worth your attention.

Industry 4.0 is absolutely worth your attention if you are in the manufacturing field! Automation World said, "Now, there is no doubt about the benefits of digital transformation—efficiencies that red...

Don't wait on Industry 4.0
13May

Don't wait on Industry 4.0

The "wait and see" method is not a good choice when it comes to Industry 4.0. Tech HQ reported, "As this seachange takes hold, GlobalData’s Disruptive Tech Analyst, Kiran Raj, warns that manufacturers...

Here come the smart factories
10May

Here come the smart factories

Industry 4.0 is bringing more smart factories!  IT Web said, "In the advent of Industry 4.0, the global manufacturing sector is expected to see enhanced human-machine interaction, driving interconnect...

Getting started on the first Industry 4.0 steps
09May

Getting started on the first Industry 4.0 steps

Industry 4.0 is here and it's time to take those first steps! Start with connectivity. Advanced Manufacturing said, "The first thing required for Industry 4.0 is digital connectivity between machine t...

Thinking to the future of automation
07May

Thinking to the future of automation

Have you heard of DFA? It stands for "Design for Automation" and it's something you should probably know about. Industry Week said, "A DFA-ready product is critically important on the road to Industry...

Working with big data
06May

Working with big data

Big data can come with big challenges, but with the right tools you can overcome them! Dananami said, "One key factor as to why Industry 4.0 big data is generally not leveraged strategically is poor i...