Already in April, Fujitsu’s German department at the Hannover Messe showed a proof of concept, about how IOTA Tangle technology can be implemented in industrial processes, to document product quality in the production area. Yesterday, Fujitsu reiterated its cooperation with IOTA and reported on how IOTA can be used in the manufacturing industry for documentation purposes.
Fujitsu has been working with IOTA for a long time to investigate use cases for IOTA’s manufacturing technology. A key lesson was how to use Tangle technology to ensure the use of original parts and to monitor supply chain management.
Yesterday, Fujitsu CE tweeted a new proof-of-concept for the latest audit trail technology. Conceptually, IOTA would serve as an “unchangeable data storage medium” to capture audit trails in supply chain processes and industrial production.
According to the published flyer, the audit trails should help to improve quality management and product quality, as well as to document and make comprehensible security breaches, data corruption or fraud on the Tangle.
The goal of the project is to demonstrate IOTA as an unchangeable data storage medium for the audit trail of an industrial production process, as well as to involve the manufacturing and automotive industries in a joint project between IOTA and Fujitsu.
The advantages of the technology should be:
- More transparency: The quality management, after-sales, and customer relationship processes are improved.
- More “Trust in data”: IOTA offers a cryptographically secure source for compliance audits.
- More data security: The technology prevents negative influences such as security vulnerabilities, data corruption, and fraud.
Back in April this year, Fujitsu had a post published on his website why the IOTA technology is interesting for the industry as the blockchain. Fujitsu listed five points (summarized):
- The transaction rate: While the blockchain has problems as the number of users in the network increases, IOTA increases the transaction rate as more users use the system.
- Scalability: Scalability increases with increasing transaction rates. This means that the more users use IOTA, the faster the network gets. The latency, i.e. the time between the submission of a transaction and the validation, should go to zero.
- The feasibility of micropayments
- The efficiency: No mining is needed.
- Verifiable security against manipulation: According to Fujitsu, the blockchain can prevent external parties from manipulating the blockchain, but it cannot prove that no manipulation has taken place. Thus, there is no legal certainty for the industry.
Fujitsu wrote back in April that IOTA can help verify data in the industry in the future. According to Fujitsu, the simplest solution would be “if a company with high computing power, such as Fujitsu, acts as a trusted instance. The Trusted Instance keeps a copy of the Blockchain of the respective company and gets from it once the Basis Blockchain put – the so-called Genesis block “.
All transactions would then take place both in the corporate blockchain and in the blockchain of the trusted instance, i.e. Fujitsu. If there is an audit, the auditor would only have to compare the two blockchains. If both are the same, no manipulation has taken place.
Noteworthy on the flyer:
Fujitsu is well-equipped to introduce IOTA as the new protocol standard as we are experts in both IT services and IT product manufacturing.
According to the flyer, Fujitsu plans to expand the identity and access management in collaboration with IOTA by combining Palm Vein Pattern Recognition Technology and Tangle.
We are looking forward to further progress in this area.