Digital Passport

Our #digitalpassport gathers the products’ production data and events exclusively recorded by the manufacturer to guarantee authenticity. In this way, we can create a direct #communication channel between the manufacturer and the customer.

Block reward

How #miners are incentivized to create new blocks of verified transactions since mining requires a lot of power? Block reward is the answer! 🪙💰
The block reward provides an incentive for miners to process transactions made with the #cryptocurrency.

Industry 4.0

The term Industry 4.0 is the propensity of today’s industrial automation to incorporate some new #manufacturing technologies to improve working conditions, create new business models, increase plant productivity and improve product quality.

Value Chain

Value-chain business activities are divided into primary and secondary. The primary activities are directly related to the creation of a good or service. The support activities are those that help in enhancing the efficiency and work of an offering to obtain a stronger competitive advantage among peers.

 

NFTs

To recap, the first known NFT, Quantum, was created by Kevin McCoy in May 2014. The first NFT project, Etheria, was launched and demonstrated at DEVCON 1, in October 2015, three months after the launch of the #Ethereum blockchain.

Digital Twin

Digital assets are digital representations of various objects and their monetary value. They make it possible to issue and transfer #ownership without the use of paper documents.

Digital Asset

This technology came in handy already at the time of the Apollo 13 rescue mission. Today 50% of big industrial enterprises use digital twins, with around 21 billion digitally connected sensors, saving billions in maintenance, repair, and operation costs.

Token

There is a technical difference between a Token and a Coin. In short, Coins are native to their #blockchain, Tokens instead are built on top of another blockchain, because of this, it is less expensive to create a Token than a Coin. 

Coin

There is a technical difference between a Token and a Coin. In short, Coins are native to their #blockchain, Tokens instead are built on top of another blockchain, because of this, it is less expensive to create a Token than a Coin. 

Miner

A confirmation is when #miners add a new block to the chain.  Miners install and run a special Blockchain mining software that enables their computers to communicate securely with one another.