Modbus being used for communication between intelligent devices is spot on. It's a really versatile protocol that's found in all kinds of industrial automation and control systems.
Implementing Modbus networking on internetworking devices is also something I've seen a lot. It's a great way to integrate different systems and devices.
I think this question is pretty straightforward. The Modbus protocol is commonly used in industrial automation, so we should be familiar with its key characteristics.
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