GTW Bearings s. r. o. (GTW)
Manufacturing ecosystem leverages smart contracts on DLT
An interactive online roundtable, bringing together leading voices from the EU HORIZON projects AI REDGIO 5.0, BRIDGES 5.0, PROSPECTS 5.0, SEISMEC, SKILLABILITY, and UPSKILL to explore the evolving landscape of Industry 5.0.
Smart Contracts: Smart contracts on DLT (Distributed Ledger Technology) platforms can automate and enforce agreements between different entities in the manufacturing ecosystem. This could include automated payment releases, quality assurance triggers, and other contract terms.
Source: M. Verma and U. Pradesh, ‘Transition From Industry 4.0 to Industry 5.0: A Comprehensive Overview’, International Journal of Trend in Scientific Research and Development (IJTSRD), vol. 8, pp. 91–102, Mar. 2024. e-ISSN: 2456 – 6470
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