DATA - the essence of the Fourth Industrial Revolution - as deemed by this article. Innovation as a theme continually relates back to data, how it is gathered, accessed and stored, and Blockchain is at the forefront of this.
The first Industrial Revolution brought steam power and factories. The second produced railroads and electricity. The third gave us the Internet, digital computers, and the conveniences of the modern world. Each of these revolutions began and finished with the creation of better, more efficient machines. But the fourth revolution, predicated upon the Industrial Internet of Things (IIoT), is nearly here, and it won’t follow so closely in the tracks of its older brothers. The fourth revolution won’t center on machinery that’s simply stronger and faster: It’ll revolve around machines that process, share, and act upon information without us, fundamentally modifying our relationships to our tools, our world, and one another.