In a production facility, for example, a sensor is used to check the wear and tear of a component. If this sensor detects that the component needs to be replaced, a replacement is automatically ordered from the supplier and at the same time, a fitter is booked for the period of delivery. Only when the sensor reports that the spare part is completely renewed and ready to continue working will the bill be paid. The set-up times for production can be minimized. Recurring tasks have the potential to digitize and automate them. The blockchain can be used to conclude contracts that contain liabilities and certain agreements or regulate deadlines.
The cardano dex platform is the future of society is conceivable as a network of open ecosystems networked by blockchain. The concepts for mobility as a Service and Smart Cities provide good examples of this. When using MaaS, resources are made available for temporary mobility. Projects such as car sharing, bike sharing or sharing e-scooters are known. The MaaS system is closely linked to the idea of smart cities.
So far, open blockchain ecosystems have been characterized by pseudonymization. They work in a random interaction that depends on the current market with its availabilities and needs. Through targeted control, innovative effects can be achieved here. Through governance, individually defined guidelines are implemented, which regulate the exchange and consumption of the content secured via the blockchain. This includes the definition of goals, for example, optimal utilization of drivers and vehicles in a logistics company, the selection of methods and the allocation of the available resources. Active compliance is supported through the use of blockchain technology. It becomes easier to comply with internal and external standards. Laws, regulations and industry standards can be incorporated into the processes in a secure and traceable manner.
Use the added value potential of the blockchain across sectors
For blockchain technology to develop further and its use in the energy industry, among other things, to be expanded, politics and business still have to set the important groundwork. The strategy aims to use the opportunities of blockchain technology, to mobilize its cross-sectoral potential for digital transformation and to further strengthen many countries as one of the leading locations for this technology. Many start-ups that the link between blockchain and the energy transition can work: The company uses blockchain technology to bring green electricity providers and customers directly together without going through large network operators, giving users more direct and inexpensive access to green Enable electricity.
These systems can be designed more effectively using precise documentation of the generation and consumption information at the precise location and time using smart contracts.