Curated News
By: NewsRamp Editorial Staff
May 03, 2024
Trace Labs Joins EU Initiative for Manufacturing Resilience
TLDR
- Partnership with OriginTrail and European Union's DMaaST project provides competitive advantage through comprehensive data mapping for manufacturing ecosystem resilience.
- DMaaST project establishes a Smart Manufacturing Platform with layers for real-time data integration, cognitive digital twin modeling, and distributed decision support systems.
- The initiative aims to enhance manufacturing sustainability, resilience, and energy efficiency, making tomorrow better by addressing supply chain disruptions, cybersecurity risks, and data privacy concerns.
- Trace Labs collaboration with European Union's DMaaST project will leverage OriginTrail DKG to create a decentralized database for manufacturing value chain, enhancing global knowledge connectivity and AI capabilities.
Impact - Why it Matters
Effective, transparent, and reliable data exchange is crucial for fostering sustainability, resilience, and energy efficiency in the manufacturing industry. The DMaaST project addresses challenges such as supply chain disruptions, cybersecurity risks, data silos, lack of standards, data privacy concerns, ownership and control disputes, and legacy systems integration. By leveraging the OriginTrail DKG, the project aims to enhance the manufacturing ecosystem's ability to autonomously withstand and adapt to external events, ultimately advancing technologies in the aerospace and electronics sectors.
Summary
Trace Labs, the core developers of OriginTrail, has joined the European Union's initiative to foster a resilient and adaptive manufacturing ecosystem through the DMaaST project. Collaborating with partners from multiple countries, the initiative will leverage the OriginTrail Decentralized Knowledge Graph (DKG) and Knowledge Assets (KA) to facilitate precise mapping of data flows and knowledge interconnections within the manufacturing ecosystem. This will ensure trustworthy cross-organizational real-time data integration. The project aims to enhance manufacturing ecosystem resilience and adaptability by employing a Smart Manufacturing Platform comprising four layers, including a data layer, cognitive digital twin, decision support systems, and user-friendly interfaces.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Trace Labs Joins EU Initiative for Manufacturing Resilience
