In the upcoming IoT era, humans and machines do need to have secure and trustworthy digital identities. Only then data and values can be transferred reliably. This means that the modeling and handling of data and tokens needs to reach higher levels of security and transparency as well as respect for data privacy. Blockchain-enabled systems can achieve all of that, and on top automated data and value transfer. This will enable very efficient processes that use digital twins, trusted machine or sensor data, smart contracts and trustworthy identities to settle them.

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