The Power of Blockchain in Manufacturing

Blockchain is a popular term found on the lips of industrial experts in recent times. The system contains a trusted network of block data accessible by users through a chain of connections.

The technologically advanced storage contains preemptive measures that deter hacking and other suspicious activities that may affect the flow of manufacturing outlets, improving overall security of companies.

Blockchain may serve as a solution in the recent rise of counterfeit activities, through a decentralized database that emphasizes transparency and user connectivity. As nations shift towards smart city initiatives, blockchain efforts could provide the necessary protection for diverted supply chains.

https://www.themanufacturer.com/articles/blockchain-technology-changing-manufacturing-industry/

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