Enhancing trust in digital twins through Blockchain's distributed ledger technology
Date & Time
Thursday, September 14, 2023, 12:15 PM - 1:00 PM

Blockchain's distributed ledger technology enables the creation of an immutable record of transactions or events associated with the digital twin. This feature allows for transparent and auditable tracking of changes, updates, and interactions throughout the lifecycle of the twin. It becomes easier to verify the data's accuracy and trace any modifications' history. 

Blockchain facilitates secure data sharing and collaboration by providing a decentralized infrastructure for sharing information in a controlled and auditable manner. It ensures that all stakeholders have access to consistent and trusted data

Digital twins generate vast data, which can have value beyond their primary purpose. Blockchain allows for secure and traceable transactions related to data monetization. It provides a mechanism for tracking and enforcing intellectual property rights, ensuring that data owners are appropriately compensated for sharing or licensing their digital twin data

Session delivered in partnership with Blockchain for Energy and their members