Blockchain Technology for Manufacturing Sector

With technology advancing rapidly, organizations must continuously develop to remain competitive. They invest in technologies such as blockchain, artificial intelligence, machine learning, and cloud computing. This study focuses on the challenges of implementing blockchain technology in the manufacturing sector. Data was collected through structured interviews with production and design managers, as well as employees of organizations using new technologies. The snowball sampling method was employed, and analysis was conducted using the large group decision method. The findings will have significant implications for leveraging blockchain in manufacturing. The study focuses on exploring factors related to opportunities and challenges within the technology organisation's environment, addressing existing research gaps. The findings are constrained by the scope of the data series, presenting longitudinal facts. To tackle the prospects and complications highlighted in the study, organizations should make use of this technology to enhance their manufacturing processes.

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Publication Details

Journal
EAI Endorsed Transactions on Internet of Things
Published
2024-08-23
DOI
https://doi.org/10.4108/eetiot.7034
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

Blockchain Technology for Manufacturing Sector

Prayag Gokhale, Padma Dandannavar, Shreekant Naik, K. Lakshminarayana et al.
EAI Endorsed Transactions on Internet of Things
Blockchain Technology Applications and Security
article

Blockchain Technology for Manufacturing Sector

Prayag Gokhale, Padma Dandannavar, Shreekant Naik, K. Lakshminarayana, Praveen M. Kulkarni, Basavaraj S. Tigadi
article en

Abstract

With technology advancing rapidly, organizations must continuously develop to remain competitive. They invest in technologies such as blockchain, artificial intelligence, machine learning, and cloud computing. This study focuses on the challenges of implementing blockchain technology in the manufacturing sector. Data was collected through structured interviews with production and design managers, as well as employees of organizations using new technologies. The snowball sampling method was employed, and analysis was conducted using the large group decision method. The findings will have significant implications for leveraging blockchain in manufacturing. The study focuses on exploring factors related to opportunities and challenges within the technology organisation's environment, addressing existing research gaps. The findings are constrained by the scope of the data series, presenting longitudinal facts. To tackle the prospects and complications highlighted in the study, organizations should make use of this technology to enhance their manufacturing processes.

EAI Endorsed Transactions on Internet of ThingsVol. 10
KLE Technological University (IN), Mangalore Institute of Oncology (IN), KLS Gogte Institute of Technology, Visvesvaraya Technological University (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 79%
Blockchain Technology Applications and Security
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Blockchain Technology for Manufacturing Sector — Prayag Gokhale, Padma Dandannavar, et al. · EAI Endorsed Transactions on Internet of Things (2024) | TGRS Research Map | TGRS