Supply chain logistics will benefit from an open, global data storage system. PIPE can store large amounts of data throughout the chain and can retrieve it quickly. This immutable data can prove things like the origin of a product and its materials downstream, and track its current status.
Companies see great value in collaborating and exchanging data across the supply chain. However, data security and easy accessibility are a challenge. Interoperability goes a long way towards preventing having to set up a secure, tailor-made connection with every partner. The big problem though is who will facilitate that interoperability? Companies want to prevent another vendor lock-in from the likes of Google or Amazon, especially on such a vital service.
PIPE is a global data network that everyone can access and is always available. You can hook up companies on demand, check the reliability of the data
Smart farming can mean anything from increasing yields and tracing crops in traditional Western agriculture to helping farmers in developing countries achieve food security in the face of climate change.
- We Can’t Let John Deere Destroy the Very Idea of Ownership
- Building a smart agriculture system isn’t as easy as placing some sensors in a field
- A holistic review of big data privacy in smart farming
Decentralized data storage removes the need for companies like John Deere to take the default path to economic centralization. Agri-hardware and software companies no longer need private clouds to make smart products, because open data storage and computing solutions are safe and easy to use.
The open data model that PIPE enables also allows farmers and subsequent parties in the supply chain to quickly adapt to changing circumstances, whether that’s from market trends or climate change. An open data solution also helps farmers in developing countries maintain local food security and gives them an equal chance of competing in the global market.
Smart mining uses data from IoT sensors, ground radar, and video to reduce damage to the environment, improve worker safety, and make it possible to trace the origin of materials – while lowering costs.
- Mining is bad for health
- The environmental problems caused by mining
- Due diligence for conflict-free supply chains
When switching to electric cars, reducing and recycling are essential, but a lot of mining will still be needed. Improving mining conditions is necessary for long-term sustainability, and better data can help here. However, due to technical and economic concerns, data sharing is not yet common.
PIPE provides public and private data routes to a competitive business like mining. This separation of data types allows provenance data to be freely shared downstream, while mission critical information is protected. Now miners and their companies can improve their revenues, while the rest of the world benefits from verifiably more sustainable products.
Smart factories optimize resource usage, maximize flexibility, and increase output by using data from IoT sensors, inventory, and demand prediction. Data is then used to create a digital twin of the product for the supply chain.
- Smart manufacturing transformation priorities and challenges
- Security Threats and Risks in Smart Factories
- The hazards of digital twin technology and what dangers it may pose
To become smart, machines need safe, reliable input from internal and external sources. Immutable storage helps establish the origin and accuracy of the data, and hardens the cyber physical security of the complete system. This increases productivity, while removing downtime risk from cyberattacks. Concerns regarding data bloat are also addressed with PIPE, with the prepaid storage model incentivizing enterprises to think carefully about their data architecture and how long they keep data.
A flexible, open data network like PIPE also improves interoperability, while addressing data sensitivity issues. Digital twins can be shared in whole or in part with different parties in the supply chain, like other manufacturers or users, by compartmentalizing data for different target audiences. This covers transparency and auditability needs, and maintains operational security. Storing digital twin data on an immutable medium like PIPE reduces data tampering or accidental filtering of essential information, because data provenance can establish the reliability of the input.
Smart logistics do anything from optimizing global supply chains to dealing with challenges in city distribution. It aims to solve issues like enormous e-commerce growth, changing consumer demands and connecting patchwork solutions that currently exist.
- Pandemic supply chain disruptions hurt competitiveness, economic growth, and job creation.
- Supply chains aren’t conventionally built on the notion of flexibility.
- Urban growth, environmental issues, and traffic congestion are city logistics issues.
Logistical partners need a safe, efficient way to share information between different independent parties. This removes unnecessary points of friction and can prevent unnecessary detours and waiting times. It also reduces exposure for small and medium distribution partners to disruptions on the other side of the world and prevents them from being locked into a monopoly from bigger companies.
A fast, immutable data storage like PIPE provides transparency and real time tracking to everyone involved. With no fees, updating the state of an item is frictionless, allowing for a faster and more detailed trail of updates. Because PIPE only keeps data as long as it’s paid for, it has a self-regulating system that removes obsolete data and reduces data bloat.
Connecting supply chains
HUB makes segmenting data for thousands or millions of products through the supply chain easy. This way smart supply chain companies benefit from the resilience of a decentralized network and the usability of a centralized platform.
TangleHUB provides standard tooling to make sharing data across the supply chain easy and secure. Opening data channels or revoking access becomes trivial, while the underlying decentralized network gives the robustness that time-critical applications sometimes lack right now.
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