Performance-based service agreement – DLT solution for an Industrial IoT problem

IOTA Foundation Beyond Blockchain Meetup Chicago
IOTA Foundation Beyond Blockchain Meetup Chicago
Public group

Chicago Connectory

222 West Merchandise Mart Plaza · Chicago

How to find us

Location image of event venue


A large share of every OEM’s revenues come from service and repair, but a lot of time end efforts are wasted in identifying the cause of a problem after a breakdown. Currently only a small portion of machines in the field is IoT-ready, which makes it challenging for OEMs to “point the finger” and determine whether a repair should be under warranty or paid service.

Subject Area
DLT, IIoT, manufacturing, Industry4.0, business model innovation

Event Description
During the course of this event we will demonstrate how it is possible to combine Distributed Ledger Technologies with the Internet of Things domain in order to come up with complex solutions to manufacturing problems that could not be solved using other tools. A number of Industry4.0 use cases will be also discussed and as well as a live demo running at the Chicago Connectory.

- DLT+IIoT Use Cases presentation
- Performance-based service agreement focused use case
- Open discussion and live demo

Matteo Dariol is a Lead Innovation Strategist for Bosch Rexroth. He is located in Bosch’s innovation and co-creation space within Chicago historic Merchandise Mart, called Chicago Connectory, a joint venture between the German corporation and 1871. His activities revolve around the intersection between R&D and product development, with the goal of looking outside Bosch Rexroth’s core business and identifying new technologies and new business models. Currently his areas of expertise are serverless cloud software architectures, artificial intelligence (AI) applied to manufacturing, industrial IoT (IIoT), distributed ledger technologies (DLT) and business model innovation.