Supply chain success: digital twins and a byte of blockchain
In a way, the entire lifecycle of an industrial facility is linked to the supply chain as suppliers and distributors of materials, information, and capital connect from upstream to downstream. The traceable points of contact along the way are captured in data – and tapping into these data sources can reveal a lot about how efficiently a facility’s supply chain operates. How can we leverage digital twins and smart contract technology to maximize the utilization of data points and optimize supply chain efficiency?