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Blockchain technology is a system of storing and transferring data in a decentralized, distributed and secure way using cryptography and consensus mechanisms. By applying blockchain technology to the manufacturing sector, it is possible to achieve operational excellence, product authenticity, consumer experience and quality of care. Blockchain technology can also help manufacturers to streamline operations, gain greater visibility into supply chains and track assets with unprecedented precision. Moreover, blockchain technology can enable collaboration and innovation among different stakeholders in the industry, by lowering barriers to entry and fostering trust.
Blockchain technology is a revolutionary innovation that can transform […]
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