Blockchain Making its Way to Smart Manufacturing
We all heard about blockchain technology when cryptocurrencies like Bitcoin made the scene as the next big investment. That’s still one of the predominant uses of the technology, but smart manufacturing facilities are bringing it into their fold to help manage their supply chains, as well. For context, let’s define blockchain. Basically, it is a chain of blocks, with the “blocks” being digital information stored within a public database, or a “chain.” Blockchain in smart manufacturing is still in its early stage. However, it is a much-discussed new technology in the manufacturing arena.
Aviation, food and beverage, and medical are a few of the industries which could greatly benefit from blockchain technologies. These industries, due to some stringent rules and regulations, require full scrutiny of all their suppliers across the value chain. Blockchain could help maintain quality control as early as the development of raw materials.
Some of the industries that are actively developing blockchain include apparel, solar energy, mining, fishing, food and beverage, shipping (especially cargo transportation), fertilizer, healthcare and aviation. As the technology matures, more industries may get involved in implementing blockchain. Major technological giants — including Microsoft — are involved in developing and implementing the blockchain in manufacturing ecosystems.
The digital transformation is redefining manufacturing. Ensure your business keeps up with the trends in smart manufacturing and the digital transformation by giving 2W Tech a call today. 2W Tech, a Microsoft Gold Partner, is a full-service IT Consulting firm that specializes in solutions for the manufacturing industry. We can work with your business to ensure your infrastructure is in place and that your business chooses the best technologies to move your business into the future.