How does the system track wear and tear?

Every tool is fitted with a chip to monitor the health of the tool. Aspects like hours of use, when it was used and battery power are captured. For now, we imagine a similar technology that is used in production and manufacturing, which are generally deployed to monitor and maintain machines. They are usually used to perform appropriate and regular maintenance and prevent unexpected breakdowns.

Similar systems can be found on a car. It 'counts' how many times a certain part is used. And often a part can be used a specific amount of time, e.g. it can make 10.000 circles. When it approaches this number, it will indicate that the car needs a check-up.