How effective will indu4.0 be for the manufacturing industry?
The potential of indu4.0 lies in its ability to empower manufacturing industries to overcome complex challenges. The use of blockchain in indu4.0 technology increases transparency and security across data exchange between stakeholders in the industrial sector and allows smooth demand and supply cycles. With indu4.0, buyers can search and find the right seller for their needs in a new, simplified, and efficient way. Furthermore, it allows sellers to sell their services or products more transparently and securely. The platform works in the following ways for both suppliers and purchasers:
For the Supplier
indu4.0 provides suppliers with a structure for formulating their service portfolios. The platform lets suppliers create a free user account. The company profile allows them to add up to two competencies for free. The supplier will need a subscription if they wish to add more competencies. The platform allows users to view all offers from purchasers, so they can pick the most convenient one.
For the Purchaser
What are the core features of indu4.0?
A game-changing initiative, indu4.0 seeks to take manufacturing to a new level by introducing blockchain technology and virtual processes. Below are some of the core features of the indu4.0 platform:
Since blockchain networks can record transactions and track assets, they are the best technology for all industrial sectors. With blockchain, tracking and tracing virtually anything of value can be done, reducing costs and risks for all parties. Furthermore, it keeps shared data in an immutable ledger that is only accessible to network users authorised to read it. Therefore, the indu4.0 ecosystem utilises blockchain technology to maximise the potential of blockchain technology for manufacturing.
Manufacturing’s traditional mindset creates obstacles to adopting new technologies. Old technologies lack transparency, which makes it difficult to secure documents. To address document security issues, indu4.0 utilises IDS standards (indu data security). IDS will protect all industry data, including orders, 3D data, technical drawings, and patent data. Thus, with indu data security, manufacturers are not only transmitting documents more securely and safely but also safeguarding intellectual property documents.
A metaverse concept is already influencing the corporate world and is capturing the attention of top technologists. The metaverse is a virtual shared space capable of replicating the physical world. Therefore, business and financial models are evolving. Business leaders around the world have already embraced the concept of a metaverse. The indu4.0 initiative also comes with the metaverse space for the industrial sector, offering many advantages to businesses. An exhaustive search for new customers or suppliers results in high costs, as it requires attending trade fairs, which is neither efficient nor always possible. With indu4.0, clients can participate in virtual trade fairs worldwide because travel and transportation are not required. This improves the efficiency of participants and allows them to reduce their overall emissions of the CO2-intensive industrial sector.
How can you benefit from the indu4.0 potential?
Inefficiencies and problems plague the manufacturing industry. Among them is the problem of matching supply and demand in this industry. The lack of visibility between suppliers and manufacturers creates inefficiencies and raises costs. In contrast with existing market competitors, the indu4.0 marketplace provides superior search filtering. Therefore, indu4.0 delivers more accurate results while maintaining a high level of information quality than its competitors.
The team behind indu4.0 & their future roadmap
The indu4.0 team brings extensive and condensed manufacturing experience to develop the indu4.0 platform and provide customers with a tool to simplify and enhance their everyday lives. As former manufacturing industry professionals, indu4.0’s founders have intimate knowledge of market conditions and client needs.
Christian Dillier and Andreas Ott are the core members of the indu4.0 ecosystem. They have worked in the industrial sector for many years and understand client needs well. The two co-founders have a vast network in the manufacturing industry and are very experienced entrepreneurs. Kay Baur, indu4.0’s third co-founder, is an IT expert with a large amount of experience and is responsible for developing the platform. The team includes Max Schaumburg, who specialises in creating and marketing cryptocurrencies, and will ensure INDU token growth. Additionally, Jan Baur supports indu4.0 as an expert in business innovation and a technology consultant. As a financial advisor with extensive banking experience, board member Rui Meireles acts as an advisor to the company. Besides the roles mentioned above, indu4.0 also employs industry leading project managers, UX designers, software developers, and support staff as part of its mission to become a leading tool for the manufacturing industry.
Blockchain can bring opportunities to the entire industry and ensure a fair marketplace for big-time and small-time manufacturers. Blockchain can be seamlessly integrated into manufacturing ecosystems. However, you need a robust platform to take advantage of this technology’s benefits. Here’s where indu4.0 comes in! The indu4.0 project is a new initiative that aims to change the global manufacturing industry that employs millions of people. The indu4.0 blockchain platform delivers value in multiple ways for industrial organisations. Increasing manufacturing efficiency and making everyone’s life and work simpler is the number one goal of the project.
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