By 2020, it is predicted that about 4.5 billion IoT devices will be used in Europe.
The birth of the link production chain (blockchain) helps us redefine the concept of digital twins. It could be an essential tool to support the application of digital twins in IoT to help transfer data and information on the internet with full transparency. Areas like manufacturing and retail will all benefit from this virtual and real world connection technology. Digital twins built on traditional technology require a reliable intermediary in performing data analysis and storage. Perhaps the difficulty in managing digital twins and the lack of consensus are the reasons for this technology’s slower popularity. Technology of link chains has the potential to be the most suitable way to create and monitor digital twins due to its security and immutability.
Develop the security platform of digital twins with the link chain
Data security tools and the foundation of digital twins are extremely important. The link chain technology protects you from hackers by providing encryption and transparent data history. Secure data transmission makes digital twins get even more benefits. Both small businesses and large companies are beginning to use link chain technology to store products, and connecting with digital twins will be their next big step. To be successful in this area, the separate transformation of different platforms that allow sharing of information between digital twins is essential. The digital twins used in the link chain also help protect the brand and prevent counterfeiting. Creating a digital twin for a product in the chain helps us see its transactions, along with information about the origin of the product as well as being able to know who owned the previous product. Moreover, companies that combine chains with simulation environments can find their products around the world with high accuracy. This will help find lost or stolen products.
Improve the growth of brands with digital footing based on twin digital platforms
This will help brands verify their value and help protect their products from counterfeit and pirated goods. Big companies such as IBM have invested heavily in their affiliate chain, creating separate parts for digital twins in the system. IBM Watson IoT, a system of identification, learning and real-time communication, has created its own digital twin thanks to the link chain. The chain also simultaneously increases the cost effectiveness of digital twins, allowing this technology to be created and applied to many other industries. The use of link chains will help companies to ensure their huge amount of information is handled and protected in the best way.
The innovation that digital twins through the link chain will change industries such as manufacturing, health care, etc.
Productivity and Quality Office