Article in Preparation
This article will explain how industrial data spaces turn machine data, service data and digital twins into billable products – and how programmable money allows payments to be automated, transparent and handled in very small amounts.
Planned Contents
- What industrial data spaces are and how data can be traded as digital assets.
- Typical payment models in data spaces: pay‑per‑use, pay‑per‑part, pay‑per‑outcome and micropayments.
- The role of smart contracts and programmable money in automated settlement.
- Example end‑to‑end flows: from an event in the data space (e.g. machine runtime) to the accounting entry of a payment.
- Technical and organisational interfaces to ERP, billing systems and existing payment rails.
Planned Outputs
- Reference process for pay‑per‑use / pay‑per‑part in an industrial data space (including payment logic).
- Checklist for product, IT and finance teams: when does a data‑space‑based approach make sense?
- Sample questions for partners, platform operators and internal stakeholders.
Note
This content does not constitute legal, tax or accounting advice. It is intended to help product, IT and finance teams understand data spaces and programmable money and plan well‑founded pilot projects.