Siemens and Merck KGaA Implement Better Solutions for Machine-to-Machine Trust
Issue
02 November 2021
Editor
Jack Hall
Editor in Chief
Amery Smock
Date
10/29/2021
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Analysis
Siemens and Merck KGaA plan to develop and implement digital trust solutions in machine-to-machine (M2M) value chains. This implementation would help industrial customers comply with stricter regulations in the value chain in different countries and in a wide variety of industrial sectors [1-2].
Given the current complexity of value chains, and pressure for interoperability, the partnership envisions implementing smart contracts, tokens, and blockchain technologies to provide enhanced traceability, transparency and quality control. -
Sources
[1] Automation.com. Siemens and Merck KGaA M2M. https://www.automation.com/en-us/articles/october-2021/siemens-merck-boost-machine-to-machine-trust
[2] ResearchGate. Machine-to-Machine communication. https://www.researchgate.net/publication/298789216_Machine-to-Machine_M2M_Communications_A_Survey
Analyst