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First, Bitcoin at its most fundamental level is a breakthrough in computer science – one that builds on 20 years of research into cryptographic currency, and 40 years of research in cryptography, by thousands of researchers around the world.криптовалют ethereum config bitcoin ethereum покупка bitcoin usa bitcoin сша tracker bitcoin tether tools bitcoin links bitcoin ставки bitcoin step bitcoin up bitcoin вклады python bitcoin monero gpu bitcoin fasttech bitcoin girls bitcoin котировки hd7850 monero bitcoin 3 bitcoin delphi bitcoin school ethereum пул bitcoin минфин ethereum краны sec bitcoin bitcoin перевести all cryptocurrency arbitrage bitcoin bitcoin бонус ethereum заработок
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Industrial companies are showing there’s more to blockchain than cryptocurrencies.
Manufacturers are developing blockchain implementations that have the potential to help them streamline operations, gain greater visibility into supply chains and track assets with unprecedented precision. Blockchain has potential to revolutionize how manufacturers design, engineer, make and scale their products. What’s more, because of its power to foster trust among competitors who must nonetheless cooperate within common ecosystems, it’s rewriting how firms interact.
¹ PwC’s Global CEO Survey 2019, ² PwC’s Global Blockchain Survey
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How can blockchain power industrial manufacturing?
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Blockchain’s industrial impact
Data for the life of the aircraft
Automotive track and trace
Best practices for blockchain solutions
Blockchain’s industrial impact
From sourcing raw materials delivering the finished product, blockchain can increase transparency and trust at every stage of the industrial value chain. Pain points it could help address include:
Supply-chain monitoring for greater transparency
Materials provenance and counterfeit detection
Engineering design for long-duration, high-complexity products
Identity management
Asset tracking
Quality assurance
Regulatory compliance
Blockchain-powered solutions can seamlessly aggregate all of this information, delivering significant value for industrial companies, and can also help unlock the full potential of other advanced technologies like augmented reality, IoT and 3D printing.
Be an industrial blockchain leader
There is still plenty of room for industrial companies to be blockchain pioneers. While it’s true that the sector trails only financial services as a perceived leader in the technology, the gap between the two is large: 46% of respondents in our survey said finance firms are out in front, compared with 12% for industrial manufacturing. It’s possible to avoid the common pitfalls that sabotage promising blockchain projects with intelligent planning, strong collaboration and a clear strategic vision.
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