First Autonomousand DecentralizedIndustry MarketplaceDiscover how the Industry Marketplace acts as an integrated hub to enable the Industry 4.0 vision.
What is the
Industry Marketplace?The Industry Marketplace is a vendor and industry-neutral platform, automating the trading of physical and digital goods and services.Building on specifications developed by the Plattform Industrie 4.0 (Germany's central network for the advancement of digital transformation in manufacturing), it combines distributed ledger technology, immutable audit logs and standardized, machine-readable contracts to accelerate industrial automation and enable the "economy of things".
Industry Marketplace?The Industry Marketplace is a vendor and industry-neutral platform, automating the trading of physical and digital goods and services.Building on specifications developed by the Plattform Industrie 4.0 (Germany's central network for the advancement of digital transformation in manufacturing), it combines distributed ledger technology, immutable audit logs and standardized, machine-readable contracts to accelerate industrial automation and enable the "economy of things".
How it worksSee how the Industry Marketplace operates in our video, or explore for yourself Step-by-step guide
FeaturesIndustry 4.0 (I4.0) delivers new levels of manufacturing management, enabling advanced automated machine to
machine operations.By utilizing the Tangle and eCl@ss together, all actors in the value chain enjoy increased trust and security, truly enabling I4.0.
machine operations.By utilizing the Tangle and eCl@ss together, all actors in the value chain enjoy increased trust and security, truly enabling I4.0.
Vendor neutralVendor and industry-neutral platform and communication for all participants
Machine InteractionStandardised communication for contracts, product data, purchasing, bids, orders, services
Semantic languageSemantic language, based on open specifications, developed by Plattform Industrie 4.0 and academic institutes
DecentralizedDecentralized and globally accessible protocol with paramount security
Integrated IDDecentralized Identity, to ensure the authenticity of all participants
Integrated paymentPayment option for goods and services, without transaction feesHear from Participants
Thorsten KrokeGeneral Manager, eCl@ss
Active Request MapClick on a pin to view the request information
Key ComponentsIndustry 4.0 components must be able to talk to each other, offer services and, if necessary, negotiate tasks and offer payment.Through the Industry Marketplace components, Industry 4.0 machine components act as independent service provider and consumer, who pay or are paid for the provided services supported by a common infrastructure.
Asset Administration Shell (AAS)An AAS is a standardized virtual representation of an asset, providing storage of asset information. Examples of assets are machines, equipment units, software etc. AAS and Asset form together an Industry 4.0 component communication interface.
eCl@sseCl@ss is the worldwide, ISO/IEC-compliant data standard for the classification and unambiguous description of products and services. eCl@ss descriptions provide clear data structure in a M2M environment. Machines can identify and understand themselves or a counterpart’s capabilities.
IOTA TangleThe IOTA Tangle is a distributed ledger technology (DLT), recording data exchange in a secure and immutable log. A tamper-proof, single source of truth. Payments can be done globally and instantly after purchased goods have been received, a contract has been negotiated, or a bid is won.
Explore for yourselfTo see how the Industry Marketplace operates, try our demo, or dive into the extended documentation to get started