Blockchain Manufacturing in Applications | HCL Whitepaper

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A Blockchain is a digital, distributed database, with replicas held on multiple systems controlled by different entities.Blockchain is a technology implementation that provides a trusted platform for any transaction without the need of a  central trust agent. Blockchain is a technology that allows people who don’t know each other to trust a shared record of events”.  This shared record, or ledger, is distributed to all participants in a network who use their computers to validate transactions and thus, remove the need for a third party to intermediate. This whitepaper is to provide a brief introduction to Blockchain , and largely , to highlight the potential use of Blockchain in Manufacturing environment. The implementation details of Blockchain are deliberately omitted in this document.