Blockchain technology in the chemical industry

December 9, 2016

The purpose of this paper is to explore applications of blockchain technology related to Industry 4.0 and to present an example where blockchain is employed to facilitate M2M interactions and establish an M2M electricity market in the context of the chemical industry. This paper is structured as follows: introduces the readers to blockchain technology using the biggest digital currency (Bitcoin) as a case study, describes and discusses the research and application landscape in relation to the engineering industry.

Spotlight

Thomas Swan & Co. Ltd.

Thomas Swan & Co. Ltd. is an independent chemical manufacturing company. With offices and warehousing in the UK, USA and China and a global network of distributors, we service the domestic and international markets and export to over 80 countries worldwide. Founded in 1926 in Consett, in the North East of England – still home to our manufacturing facilities –Thomas Swan today produces over 100 products, in kilogramme to multi-tonne quantities, and offers an experienced and flexible manufacturing service.

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Spotlight

Thomas Swan & Co. Ltd.

Thomas Swan & Co. Ltd. is an independent chemical manufacturing company. With offices and warehousing in the UK, USA and China and a global network of distributors, we service the domestic and international markets and export to over 80 countries worldwide. Founded in 1926 in Consett, in the North East of England – still home to our manufacturing facilities –Thomas Swan today produces over 100 products, in kilogramme to multi-tonne quantities, and offers an experienced and flexible manufacturing service.

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