The smart factory, which is literally a factory that can be considered intelligent, is at the heart of Industry 4.0 and was, or still is, considered the starting point of digitization.The smart factory is at the heart of Industry 4.0 and was, or still is, considered...
Month: February 2021
Knowledge Nugget #5: Internet of Values
In the context of cryptocurrencies, blockchain and the Platform Economy, the term "Internet of Value" (IoV) is also appearing with increasing frequency. To explain the term, it's best to start from the beginning: The classic Internet is a decentrally organized...
TheTen: Doctorate with kids – 10 Tipps
As we have already shown in our articles, the doctorate is quite a challenging undertaking. Constant self-motivation and a structured approach are required. And if you're also planning to have a child, you may find yourself with double or triple the workload. Our ten...
Knowledge Nugget #4: Internet of Things (IoT)
More than a decade ago, scientists from the Fraunhofer Institute for Material Flow and Logistics IML created the vision of a future-oriented logistics system: Intelligent devices should learn to think and goods should be able to self-organize their way to reach their...
Knowledge Nugget #3: Smart Contract
Without blockchain, there is no business, as the media say. The basis for this are the so-called "smart contracts". The term was first used in 1993/94. It is smart because it can be processed automatically and, in the future, autonomously. These are not contracts in...