

As factories around the world become increasingly interconnected, the influence of blockchain is becoming more prevalent. The Factory of the Future spans across a whole network of machines, parts, products and value chain participants. Now, more than ever, manufacturers face the challenge of securely sharing data.
Blockchain can give transparency and trust through all stages of the industrial value chain, from sourcing raw materials to delivering the finished product. Places it could address:
- Supply chain monitoring for greater transparency
- Materials and counterfeit detection
- Engineering design for high-complexity products
- Identity management
- Asset tracking
- Quality assurance
- Regulatory compliance