The manufacturing industry has always been at the forefront of the technological revolution, embracing new technologies as they arrive. For instance, the fourth industrial revolution brought several technological reforms to the manufacturing industry by introducing next-gen technologies like AI, IoT, big data, and robotic process automation (RPA). Blockchain is one such technology that has made a significant impact across all major industries owing to its innovative aspects and top-notch security.
When it comes to manufacturing, the use of blockchain technology is somewhat limited. Nevertheless, the latter has turned out to be a game-changer in the manufacturing sector and the use cases of blockchain are poised to increase in the coming years. As a matter of fact, when combined with enterprise resource planning, blockchain technology may do wonders for companies operating in the manufacturing, supply chain, and e-commerce sectors.