Industrial Iot Quotes

These days, elementary school students learn English and coding at school. Tomorrow's elementary school students will learn AI. AI comes before English and coding. This is because artificial intelligence is the language and tool of the future.

If we think of the relationship between software and hardware, Artificial Intelligence mainly flows from software to hardware, just as the human mind controls the body. The recognition processed by Machine Learning directs hardware and other software. On the contrary, in the Internet of Things, processing from hardware to software is the main process, and the huge amount of big data collected by sensors is analysed by software.

Dive deep into AI, but always keep a lifeline tethered to human empathy.

In the dance of innovation, let AI lead the steps, but ensure humanity chooses the song.

While we strive to understand the universe, the true nature of reality might be as much about the observer as the observed.

In the symphony of AI, let GPT be the rhythm, but always let human ethics be the lead.

Computer science is like learning to speak a new language, but instead of talking to people, you're talking to computers.

The era of artificial intelligence has arrived. You, who only felt far from artificial intelligence, and the growing dream trees, are now inseparable from artificial intelligence.

AI is deeply infiltrating everyone's life.

Just as feathers aren't needed for a plane to soar, feelings aren't required for AI to solve the world's most complex problems; it's about the logic and algorithms, not the emotions.

Artificial Intelligence is a tool, not a master. When you have clear goals, it can empower you to achieve them. But without direction, you risk becoming a servant to its evolving capabilities, rather than harnessing its power for your own advancement.

What does AI have to do with me? Isn't it a distant future that has nothing to do with me, not a scientist, a technician, or a computer programmer? Well, Artificial intelligence is not a story of someone who has nothing to do with it, but the fact is, it is now everyone's story.

As technology advances, surly the older generation will feel that they have too much to handle. Young people growing up today, on the other hand, will experience IoT as something natural. The Internet of Things will help us, humans, to a great extent, not least environmentally but also to ensure safety.

In emerging technologies, security is the biggest threat, and common standards for communication and safety are improving, which means that risks will be minimised. We can only hope that man with this technology can actually stop the destruction of our planet, make the population healthier, and create a better future for all of us.

The question is no longer whether we use technology or not; it's about working together in a better way. Surrounding technologies like Siri, Alexa, or Cortana are seamlessly integrated into our interactions. We walk into the room, turn on the lights, play songs, change the room temperature, keep track of shopping lists, book a ride at the airport, or remind you to take the right medication on time.

Michaela Jamelska is a tech entrepreneur, Nova founder, human rights advocate, and human rights delegate to the United Nations. She is highly involved in technology and human rights projects from the early stage of her professional career. Working in the deep-tech industry with a focus on smart cities, autonomous solutions, and IoT. She is always interested in innovation that can make a positive impact on today and future society. She believes innovation can be a driver for a better change if used in the right way and spent past years engaging in the intersection of technology, human rights, and positive global development.

IIoT empowers manufacturers to achieve higher productivity, agility, and competitiveness in today's dynamic market landscape.

In the era of Industry 4.0 and Industrial Internet of Things (IIoT), data takes center stage as the lifeblood of modern manufacturing. The significance of data cannot be overstated, as it serves as the foundation for driving innovation, efficiency, and competitiveness in the digital age.

Industry 5.0 emphasizes the collaborative interaction between humans and machines, leveraging the unique strengths of both to optimize processes, solve complex problems, and drive continuous improvement.

If the technology platforms of the First and Second Industrial Revolutions aided in the severing and enclosing of the Earth’s myriad ecological interdependencies for market exchange and personal gain, the IoT platform of the Third Industrial Revolution reverses the process. What makes the IoT a disruptive technology in the way we organize economic life is that it helps humanity reintegrate itself into the complex choreography of the biosphere, and by doing so, dramatically increases productivity without compromising the ecological relationships that govern the planet. Using less of the Earth’s resources more efficiently and productively in a circular economy and making the transition from carbon-based fuels to renewable energies are defining features of the emerging economic paradigm. In the new era, we each become a node in the nervous system of the biosphere.

Table Of Contents Introduction The Problem With Contracts The Smart Solution Distinctive Properties What You Need to Know What Is A Smart Contract? Blockchain and Smart Contracts Vitalik Buterin On Smart Contracts Digital and Real-World Applications How Smart Contracts Work Smart Contracts' Historical Background A definition of Smart Contracts The promise What Do All Smart Contracts Have in Common? Elements Of Smart Contracts Characteristics of Smart Contracts Capabilities of Smart Contracts Life Cycle Of A Smart Contract Why Are Smart Contracts Important? How Do Smart Contracts Work? What Does Smart Contract Code Look Like In Practice? The Structure of a Smart Contract Interaction with Traditional Text Agreements Are Smart Contracts Enforceable? Challenges With the Widespread Adoption of Smart Contracts Non-Technical Parties: How Can They Negotiate, Draft, and Adjudicate Smart Contracts? Smart Contracts and the Reliance on “Off-chain” Resources What is the "Final" Agreement Reached by the Parties? The Automated Nature of Smart Contracts Are Smart Contracts Reversible? Smart Contract Modification and Termination The Difficulties of Integrating Specified Ambiguity Into Smart Contracts Do Smart Contracts Really Guarantee Payment? Allocation of Risk for Attacks and Failures Governing Law and Location Best Practices for Smart Contracts Types Of Smart Contracts A Technical Example of a Smart Contract Smart Contract Use-Cases Smart Contracts in Action Smart Contracts and Blockchains In the Automobile Industry Smart Contracts and Blockchains in Finance Smart Contracts and Blockchains In Governments Smart Contracts And Blockchains In Business Management Smart Contracts and Blockchains in Initial Coin Offerings (ICOs) Smart Contracts and Blockchains In Rights Management (Tokens) Smart Contracts And Blockchains In NFTs - Gaming Technology Smart Contracts and Blockchains in the Legal Industry Smart contracts and Blockchains in Real Estate Smart Contracts and Blockchains in Corporate Structures - Building DAOs Smart Contracts and Blockchains in Emerging Technology Smart Contracts and Blockchains In Insurance Companies Smart Contracts and Blockchains in Finance Smart Contracts And Blockchains In Powering DEFI Smart Contracts  and Blockchains In Healthcare Smart Contracts and Blockchains In Other Industries What Smart Contracts Can Give You How Are Smart Contracts Created? Make Your Very Own Smart Contract! Are Smart Contracts Secure?

A forecast from SpaceWorks in 2019 further predicted 2,000–2,800 nano or microsatellites will launch in over the next five years between the military, commercial, and civil sectors. This segment of satellites already increased in launch and production by 25 percent from 2017 to 2018; in 2018, 253 of the planned 262 nanosatellites actually launched, reflecting “Greater launch consistency and better execution on the part of small satellite operators.”5 Factors like the Internet of Things (IoT), demand for communications data, and increased need for Earth observation are all helping to drive this market.

But if IOTA lost the confidence of some of the most respected cryptographers in the blockchain community, it continued to generate enthusiasm among a variety of big-name enterprises. That’s perhaps because, quite apart from how badly or otherwise it developed and managed its cryptography, the IOTA team’s economic model is enticing. If its cryptographic flaws can be fixed, the tangle idea could in theory be far less taxing and expensive in terms of computing power than Bitcoin and Ethereum’s methods, which require every computer in their massive networks of validators to process and confirm the entire list of new transactions in each new block. German engineering and electronics giant Bosch has been running a range of experiments with IOTA, including one involving payments between self-driving trucks arranged in an energy-saving linear “platoon.” The idea is that the trucks at the back that are enjoying the benefits of the slipstream would pay IOTA tokens to those at the front to compensate them for bearing the bulk of energy costs in creating that slipstream. Meanwhile, IOTA and Bosch are both part of a consortium called the Trusted IoT Alliance that’s committed to building and securing a blockchain infrastructure for the industry. Other members include Foxconn, Cisco, BNY Mellon, and a slew of blockchain-based startups, such as supply-chain provider Skuchain and Ethereum research lab ConsenSys.

Even the U.S. government has shown its interest in this field, with the Department of Homeland Security awarding blockchain infrastructure builder Factom a $199,000 grant to develop an IoT security solution. It’s a small number by ICO fund-raising standards but a noteworthy vote of confidence in blockchain technology from a government agency. Factom’s model would create an identity log of data emitted by a device, including its unique identifier, its manufacturer, its update history, its known security issues, and its granted authorities. The idea is that if a device’s history of performance, permissions, and certification is recorded in an immutable ledger, hackers can’t alter the record to disguise a flaw they’ve exploited. It’s not clear how much oversight the U.S. government would have over the system. Context Labs in Cambridge, Massachusetts, is doing similar work to achieve what it calls “data veracity.” In various industries, it is pulling together consortia of interested parties to agree on open-data standards for APIs (application processing interfaces) that would allow parties to share data stamped with unique cryptographic hashes that provably identify the device and its owner.

The IoT market grows rapidly and it’s acceleration will continue in all major areas like Industrial Internet of Things; Digital Enterprise; Internet of Healthcare; Internet of Energy; Internet of Education; Digitalisation of global Supply Chains. Security concerns add to the IoT complexity. Strategically, to assure the system’s reliability & data / knowledge engineering, it is important to insure data integrity, availability, traceability, and privacy. A complex problem of digital transformation globally. The Internet of Things cybersecurity, therefore, is not a matter of device self-defence. What is needed is a systemic approach. Identify underlying patterns. Secure elements of a chain: from security of a device that creates, captures your data.. to the data storage.. to the back-end storage.. Create/ join IoT ecosystems, driven by protection with external monitoring, detection and reaction systems. It is a challenge - to secure systems.

Understanding what 4IR is all about will help put into perspective how some of the world’s most cutting-edge technologies like Artificial Intelligence, Robotics, Blockchain, IoT, AR, 3D Printing and many others will impact your own life.

4IR is marked by emerging technological breakthroughs in a number of fields, including robotics, AI, blockchain, nanotechnology, quantum computing, biotechnology, Internet of Things (IoT), 3D printing, and autonomous vehicles.

The most important question a nation has to answer is if it creates the right narrative and value for its citizens. Most would agree that the best value creation is about growing the economy in a sustainable way, managing a balanced and inclusive society and making sure there are enough jobs to its citizens and well being, social positive impact and stability. This is complicated in the present world though. We live in a world that is changing at a fast pace, never seen so far in human history. We live now in a technology data driven 4.0 industry revolution - 4IR - world which is more interconnected and affected by technological innovation than ever in history. This new technology-driven world is one filled with promises but also with major challenges and risks. One of the main disruptions which is now part of our lives is the one that comes with so called 4IR, that is affecting our world in ways never seen. These ways imply a new narrative that is as challenging as it is somehow invisible, faster than ever and in many ways deeply dangerous. This narrative implies the advance of advanced digital transformation tools we use everyday, the inception of the so called Artificial Intelligence, that is creating an increasing digitisation, datification and automation of all kinds of services and industries touching the fabrics of social, economic and political with consequences that touch all parts of human and environmental life.