Publisher's Synopsis
What kind of the data is the most data i n the era of big data ? All social members, which include the governments, the organizations, the companies, and the individuals, are interested in the data of the cash, so the most data is the data of the cash. Then, where is the most reliable and the mos t correct data of cash? Because the data of the cash in all banks is recorded by using of all smart cards automatically, the customers ' data of the cash in these banks is the most trustworthy . The data of the cash in the banks can be regarded as a standard or a ruler of measuring other data of the cash. From this idea, I wrote the two books of the " Digital Currency Embedded i n Identities of All Society Member s I and II ." Based on these two books, I have developed and extended a concept of the Digital Invent ory . The inventory account is a concomitant of the cash account or the account receivable (account payable) account . There are only two kinds of forms of the three accounts which appear in a transaction sub - equation. First, there must be the cash account w ith the inventory account in the transaction sub - equation. Of course, this sub - equation may include the account receivable (account payable) account . When the cash is embedded in a social member identity, the inventory is also embedded in a social member i dentity automatically. Another is that there is not the cash account and is only account receivable (account payable) account with the inventory account in a transaction sub - equation. The lowest subaccount of the account receivable (account payable) accoun t is the telephone number and there is a relationship of one to one between the t e lephone number and the social member identity. Therefore, when a transaction sub - equation only include the account receivable (account payable) account and the inventory acco unt, the inventory is also embedded in a social member identity automatically. By tracking the embedded identity, the parts of this inventory and its product code will be detected. All inventories embedded in all social member s ' identities and information of their IV parts and their product codes will be consisted of the Digital I nventory. The combination of internet and the digital inventory is the Internet of T hings. Only digital inventory is a new concept and is also core technology, so the digital inventor y will be introduced in detail in this book. The I nte rnet of T hings will realize the intelligent recognition, tracking, monitoring and management of all inventories. In this situation, counterfeit and shoddy products will be impossible to occur. Keywords: digital currency, digital inventory, and internet of t hings