Blockchain is amazingly popular nowadays. It is a distributed ledger which is completely public or open to everyone. Well, blockchain is considered as one of the evolutionary inventions after the Internet. It is emerging as one of the most propitious and ingenious technologies of cybersecurity. In its germinal state, the technology has successfully re-placed economic transaction systems in various organizations and has the potential to revamp heterogeneous business models in different industries.
Digital twins are a digital replication of a current asset, supply chain or process. They are an advancement on current models and simulations in that they operate in parallel to the real process, mirroring the asset, supply chain or process in a digital world. Digital twins are mainly used to duplicate various processes of the system with the help of digital models. It can run and study multiple simulations of system to understand different processes.