Blockchain and SmartFinance - IndustryFusion Foundation

Information on the project

Integration of distributed ledger technology (DLT) into the IndustryFusion environment is a strategic move to enhance security, transparency, and immutability across various processes. A two-phase implementation strategy is being pursued: Phase 1 focuses on digitalizing production capacities, digital identities, and assets. Phase 2 leverages real-time data feeds to introduce smart finance, insurance, and marketplace options. This integration strategy ensures IndustryFusion's processes are future-proofed, adaptable, and ready for growth, with DLT serving as a foundational element for innovation and transparency.

Main focus

Security and Transparency: DLT's decentralized nature ensures all transactions are immutably recorded, providing a transparent record crucial for industries requiring data integrity and accountability.

Real-time Data and Services: Real-time data streams enable innovative services like financing, insurance, and reporting, improving efficiency and creating new business opportunities by dynamically adapting to market conditions.

Digital Identities and Assets: DLT facilitates secure digital identities and asset representations, including digital data twins, unique registries, and product passports, ensuring authenticity and traceability of both physical and virtual assets.

Project management and contact person

Tomas Varga

info@industry-fusion.org

Members of the project group

Thomas Saalmüller

Sopra Steria SE

Zoltan Fazekas

Zilliqa

Matt Mikulina

NextFab