Cortex for manufacturing industry
Greater agility, efficiency, quality, and sustainability, while strengthening the supply chain security.
Overview
Transform manufacturing industry with IoT and blockchain.
Cost-effective digital manufacturing solutions are needed to keep factories and supply chains running smoothly while producing high-quality products. IoT implementation minimizes downtime, increases efficiency, improves worker safety, impacts decision-making, and product development. Manufacturing is often stretched across the world to best exploit the availability of raw materials, labor, funding, and consumer markets at the most competitive rates. Blockchain enables trusted data exchange and workflow automation across organizational and national boundaries. This helps to strengthen the fragile supply chain and trading relationships and facilitates more ethical consumerism by tracking the provenance of components and manufactured goods, it also provides transparent data of the production to the permissioned parties.
Infrastructure
Benefits
Privacy and security
A ledger that is shared across network partners and indelible means that tampering, fraud, and cyber-crime are much more difficult. Enable the highest level of security, performance, and stability.
Trust across parties
Blockchain networks help assure data integrity by storing an immutable, single version of the truth. Network participants can collaborate with confidence as they exchange information while controlling data access.
Reducing data leaks
Blockchain can reduce the time, cost and risks of managing sensitive information by providing an immutable and transparent audit trail for regulatory compliance, contract management, identity management and citizen services.
Increase transparency
Through distributed ledger technology that provides a shared, single version of the truth, Cortex gives permissioned participants greater visibility across all activities.
Risk mitigation
Streamline shared processes, increase accountability, minimize disputes and automate reconciliation tasks.
Full traceability
Blockchain can provide real-time visibility on the entire infrastructure and processes, eliminating blind spots across public and private entities.