When humans are hurt, their bodies recover on their own. What if technology could do the same? What if we told you it can? Companies are racing to build self-healing systems, which have the potential to enhance quality, save costs, and increase consumer confidence. For instance, IBM is experimenting with self-configuring, self-protecting, and self-healing devices precisely because of this.
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Smart contracts are to traditional contracts what smartphones are to rotary phones. But how do smart contracts work? This article will walk you through each step of the smart contract process, from the initial agreement setup to the final completion and settlement, opening a door to a future where trust is built on code, not on paperwork.
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Integrating Internet of Things (IoT) in manufacturing processes is redefining the sector’s rules—for the better. Relying on interconnected devices and real-time data, manufacturers are witnessing unthought-of efficiency, productivity, and innovation levels. Even more so, the economic impact of IoT in factories could be as much as $3.7 trillion by 2025.
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