Blockchain proves permanent digital records of materials, parts, and products, enables end-to-end visibility management, and provides a single, consistent source of truth for all participants. chain consisting of several participants with independent IT systems.

Upgrading machinery with IoT support, automating quality checks and logging measurements directly into the Blockchain, which allows access to the time and location of moving parts to make sure repairs are done on time.

Integrating Blockchain technology into equipment management software, production machinery. Setting up digital measurements into a Blockchain record, which helps track health and consumption to automate service request activation, and create smart contracts for a job or for a replacement part.

Blockchain helps prove intellectual property rights in decisions about whether to manufacture parts in-house or buy them from a supplier, limiting patent disputes.

Increasing visibility of processes from raw material sources, manufacturing plants, monitoring units to output distribution, Blockchain can enable a whole new manufacturing business model.