Digital twins and distributed ledger technology: What can they learn from each other?

Abstract

In recent times, two technology innovations have received significant attention not only from academia but also from industry and government: Digital Twins (DT) and Distributed Ledger Technology (DLT). However, it appears that the literature is predominantly focusing on either one of these new pieces of technology in depth, and there is hardly any critique or review that creates lateral connections and links between the two. This paper starts to close this gap by asking, what can DT and DLT learn from each other?