Sunday, December 4

Tag: automotive

BMW Group Enters Second Stage of Blockchain-based Supply Chain Transparency
PR Wire

BMW Group Enters Second Stage of Blockchain-based Supply Chain Transparency

The BMW Group has increased its capacities for utilizing blockchain technology to provide its staff with the tools they need to create high-quality vehicles. According to the press release, BMW has faced great difficulty when tracking specific parts that need to be changed or simply weren’t of sufficient quality. Finding the manufacturer often involved a significant amount of manual labour, but now with the implementation of the second stage of their “PartChain” project, BMW and their suppliers are using blockchain systems to help them track parts at the push of a button. We’ve reached out to BMW Group for comments and more information, but they were unavailable for contact. The extremely complex nature of the automotive industry makes it a prime suspect for blockchain ...