Open AccessRe-engineering Countermeasures of the Industrial Chain Model Based on the Block Chain Technology
Author(s) -
Zhihong Li
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/809/1/012024
Subject(s) - upgrade , chain (unit) , block (permutation group theory) , transformation (genetics) , manufacturing engineering , industrial organization , business , computer science , engineering , mathematics , biochemistry , chemistry , physics , geometry , astronomy , gene , operating system
The transformation & upgrade of the industry is an inevitable trend when it has been evolved to a certain stage of the economic society. In this new trend, the full coordination of the different sections in the industrial chain concerns much to the successful industrial upgrade. The block chain, with its high integration of the data, transmission, precision and its high security, can do many benefits to the industrial upgrade. How is the industrial chain reengineered by way of the block chain technology? It’s worthwhile to be studied. Therefore, the paper first disentangles the traditional industrial chain and analyzes its problems to be solved in the transformation & upgrade of the industry, then explores the new trend of the industrial transformation & upgrade in the new economic situation, and finally proposes some countermeasures to re-engineer the traditional industrial chain model based on the block chain technology.