Manufacturing Industry

indu4.0 is a digital B2B marketplace for the manufacturing industry, aiming to make the bridge between supply and demand faster, more efficient, and cost-effective. The company behind it, Indu4.0 AG, operates from Lucerne, Switzerland. It has already succeeded in integrating numerous complex industrial products and services with a sophisticated filter system in a user-friendly platform. This indu4.0 review looks closely at one of the most ambitious projects seeking to establish a blockchain presence for the behemoth-sized manufacturing industry. Read on…

Today, the manufacturing industry accounts for a more significant percentage of a country’s Gross Domestic Product (GDP). Data shows that manufacturers in the U.S alone generated $2.35 trillion by the fourth quarter of 2019. This sector mainly involves converting materials into finished goods through mechanical, physical, or chemical procedures. Despite being a lucrative sector, the manufacturing industry faces various issues that mostly emerge from poor management and outdated technology.  These factors slow down the company’s activities, resulting in the use…