Blockchain meets Industry 4.0
DRIVEN BY INDUSTRY 4.0, ARXUM DEVELOPS A WORLDWIDE PRODUCTION PROTOCOL FOR THE SUPPLY CHAIN
Manufacturers connected by ARXUM’s protocol benefit from robust & secure connectivity, worldwide accessibility and a standardized production order protocol with rich data exchange. Based on blockchain technology, ARXUM’s decentralized production network outperforms today’s infrastructure by reducing costs, increasing process speed and delivering end-to-end visibility to production.
EXTRAORDINARY SAVINGS IN IT-INTEGRATION WILL PUSH BLOCKCHAIN TECHNOLOGY INTO COMPANIES
Today, manufacturers in the industry spend a lot of time negotiating, communicating, passing orders, contacting suppliers and managing IT infrastructures. Imagine if producers would be able to speed up their processes without costly IT integration, could provide customized products at no extra cost or would be able to tap into a large international marketplace. With ARXUM’s worldwide Production Protocol, all this is possible.
ARXUM INTEGRATES MULTIPLE FUNCTIONALITIES INTO SMART CONTRACTS, ADDRESSING KEY MANUFACTURING ISSUES
ARXUM is developing the worldwide Production Protocol for the supply chain. Based on blockchain technology, ARXUM provides: protection of IP (schematics and blueprints), proof of existence of goods (e.g. through the ARXUM Connection Box), and proof of ownership for customized products. Smart contracts hold legal agreements on social standards and quality norms. This enables auditing and includes escrow and automated payment settlements.
Blockchain meets industry - It is time for a new approach to manufacturing!
Driven by Industry 4.0 ARXUM develops a worldwide production network for the supply chain.
ARXUM enables manufacturers to offer customized products for prices at mass production level and enables everyone to produce their self-created products.
ARXUM spawned from a German based, industrial system integrator for production technology and digitalisation in the field of Industry 4.0.
ARXUM has already developed the ARXUM Connection Box (ACB). This industrial IoT device contains a hardware wallet, based on a TPM2.0 crypto-processor. It contains a set of non-extricable private keys and can thus directly interact with a blockchain. The ACB provides direct machine connectivity with digital and analog inputs, Meter-bus, Step 7 and OPCUA protocol for PLC communication. The ACB can securely sign blockchain transactions and thus integrates machine data and machine operation into blockchain applications. Production machines become cyber-physical systems with a direct blockchain connection.
Manufacturers connected to the ARXUM network benefit from the robust and secure connectivity, standardized technology and rich data attachments with each production order.
ARXUM's distributed production network based on Blockchain technology outperforms today's infrastructure. It lowers costs, increases processing speeds and delivers end-to-end visibility to production fees, timing and delivery.
Blockchain technology secures their intellectual properties, the procurement process, the proof of the manufacturing process and ownership, the logistic process and the payment of service.
ARXUM enables customers to have
customized products or even to have the
ability to produce their self-created products.
Customers and manufacturers can use
the AX-Token to further reduce their costs
and access new markets
While system integration is an advanced topic within a manufacturing facility, the inter-factory communication layer and the client-to-manufacturing layer remain inefficient. With each organization running a unique billing and Enterprise Resource Planning (ERP) system, the administrative burden of confirming and managing a project adds significant complexity. When projects run for a long time and are…Read More
Mass customization is the new frontier in business for both manufacturing and service industries. At its core is a tremendous increase in variety and customization without a corresponding increase in costs. At its limit, it is the mass production of individually customized goods and services. At its best, it provides strategic advantage and economic value.…Read More
Robotics and technology, like artificial intelligence, seem to push the boundaries of manufacturing efficiency every day. However, we find anything but automation when we look at the big picture: 1. Client/factory communication 2. Multiple factories involved in producing a single product ARXUM targets that problem – by leveraging blockchain technology, it forms a trusted database that spans…Read More
Meet Markus (co-founder of ARXUM) in Berlin at the Cube Tech fair. The CUBE Tech Fair acts as a global matchmaking network for corporate and B2B technologies, who all aim to shape the future of Industry 4.0. Lately, blockchain technology has become one of the biggest hot topics in the tech industry. However, there is not much…Read More
ARXUM is operating at the centre of Industry 4.0. The four leading design principles of Industry 4.0 are: – Interoperability – Information transparency – Technical assistance – Decentralized decisions Read more under www.arxum.com how ARXUM is connecting industrial machines on the blockchain to create production transparency and decentralizes supply chain decisions through smart contracts. https://en.wikipedia.org/wiki/Industry_4.0#Design_principlesRead More
We will be attending Blockchain Festival Vietnam as a guest speaker, where we will be introducing ARXUM- “The New Era of Blockchain”. Use the discount code “ARXUM50” to get a 50% discount on your tickets. Check out www.blockchainfestival.com for more information! We hope to see you there!Read More