Abstract:This paper discusses how the combination of Internet of Things (IoT) and Blockchain technology can create a new paradigm for supplier management in manufacturing plants. IoT enables the comprehensive digitalization of an entire manufacturing plant while providing a trove of data about the daily operations and performance of suppliers, machine performances, and other related activities. Blockchain technology provides a distributed ledger technology to store, share, and manage this data with trust and security, … Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.