Blockchain for Micro Engineering

Micro engineering is the production and design of small machines and structures. Engineering takes place at an extremely small level. The engineering that takes place is not easily seen by the human eye. This type of engineering is often equated with nano technology.

Problems that Micro Engineers Face Today

Recording Data

As micro engineering becomes increasingly popular, there is still no fool-proof way of recording data that is generated from movements and actions of micro engineering devices.

No Distributed Manufacturing

Distributed manufacturing across multiple parties is difficult to achieve with current technology.

Difficult to Share Assets

It’s difficult to share assets, such as intellectual property, in a secure way.

Solution: Blockchain Technology

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Immutable Data Storage

Immutable Data Storage

IoT devices with sensors can record the actions of micro engineering devices. This data can be timestamped and placed on a blockchain, making it immune to altering.

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Distributed Manufacturing

Distributed Manufacturing

Blockchain will help accelerate the adoption of distributed manufacturing processes with micro engineering at the forefront. This is because there multiple parties to update data, verification requirements and time sensitive interactions.

Audit

Asset Sharing

Asset Sharing

As a blockchain is a distributed ledger, all parties have access to the same data on the ledger. This means sharing assets becomes easier than ever within the micro engineering industry.

Advantages of Blockchain Technology

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Objective Recording of Time

Objective Recording of Time

All data uploaded onto a blockchain is timestamped. As it is timestamped, there can be no conflict about what information was uploaded, especially if there are disagreements between parties.

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Reduced Cost and Complexity

Reduced Cost and Complexity

There is a huge cost and complexity burden on the micro engineering industry today. Data is bundled in silos and it remains inaccessible for many parties. Blockchain can simplify the complexity and eliminate costs.

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Shared Ledger

Shared Ledger

Collaboration between people within an industry can be improved through a shared ledger.

by Gauthier Vila