Abstract
The Laboratory for Machine Tools and Production Engineering (WZL) at RWTH Aachen has been researching the opportunities and challenges presented by the Industrial Internet of Things for years under the umbrella topic of the Internet of Production (IoP). The IoP focuses on interdisciplinary optimization approaches and on the entire value chain, particularly in the areas of data collection, data modeling, and data exploitation. This section of this book explains if, and how, the vision of IoP can be expanded to an autonomous production economy where data can be traded like an economic resource. With this aim in mind, the section examines distributed ledger technologies. It concludes by outlining potential IoP use cases for manufacturing technologies.
“Digital is the main reason just over half of the companies on the Fortune 500 have disappeared since the year 2000.” — Pierre Nanterme, CEO of Accenture
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Bashir I (2018) Mastering Blockchain. Distributed ledger technology, decentralization and smart contracts explained, 2nd edn. Packt Publishing, Birmingham
Bauerle N (2018a) What is a Distributed Ledger? https://www.coindesk.com/information/what-is-a-distributed-ledger. Accessed 16 Jan 2019
Bauerle N (2018b) What Are the Applications and Use Cases of Blockchains? https://www.coindesk.com/information/applications-use-cases-blockchains. Accessed 16 Jan 2019
Bauerle N (2018c) What Can a Blockchain Do? https://www.coindesk.com/information/what-can-a-blockchain-do. Accessed 16 Jan 2019
Bischoff J (ed) (2015) Study “Erschließen der Potenziale der Anwendung von Industrie 4.0 im Mittelstand.”
Cisco (2017) Cisco Visual Networking Index: Forecast and Methodology, 2016–2021
Gehrke L et al (2015) A discussion of qualifications and skills in the factory of the future: a German and American perspective. VDI and ASME, Düsseldorf
Pritam R (2018) Extending the Tangle network to a distributed cloud. https://medium.com/swlh/extending-the-tangle-network-to-a-distributed-cloud-2f5857db02f5. Accessed 16 Jan 2019
PwC/Long Finance (2016) Chain reaction: how blockchain technology might transform wholesale insurance. Z/Yen Group Limited and PricewaterhouseCoopers LLP, London
Rajasingham D (2017) Welcome to the machine-to-machine economy. Opportunities and challenges in a connected world.
Rüther M (2017) Project twin of things - digital twin
Schuh G (ed) (2017) Digital Connected Production, Aachen
Sønstebø D (2018) IOTA Data Marketplace. https://blog.iota.org/iota-data-marketplace-cb6be463ac7f. Accessed 16 Jan 2019
Statista (2019) Internet of Things (IoT) connected devices installed base worldwide from 2015 to 2025 (in billions). https://www.statista.com/statistics/471264/iot-number-of-connected-devices-worldwide. Accessed 16 Jan 2019
Tam KC (2018) Blockchain and the Challengers. https://medium.com/@kctheservant/blockchain-and-the-challengers-74e22cf0cf4e. Accessed 16 Jan 2019
Waschbusch L (2018) Fujitsu: Authentifizierung von Komponenten mit IOTA. https://www.industry-of-things.de/fujitsu-authentifizierung-von-komponenten-mit-iota-a-710722/. Accessed 16 Jan 2019
Yaffe L (2017) Using the Blockchain to Bridge Data Silos. https://medium.com/@lyaffe/using-the-blockchain-to-bridge-data-silos-852aa82d84eb. Accessed 16 Jan 2019
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 Springer-Verlag GmbH Germany, part of Springer Nature
About this chapter
Cite this chapter
Bergs, T., Klocke, F., Trauth, D., Rey, J. (2022). Manufacturing Technology 4.0. In: Frenz, W. (eds) Handbook Industry 4.0. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-64448-5_21
Download citation
DOI: https://doi.org/10.1007/978-3-662-64448-5_21
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-64447-8
Online ISBN: 978-3-662-64448-5
eBook Packages: Law and CriminologyLaw and Criminology (R0)