Chances are you’ve been hearing the term blockchain quite a bit over the past year or so. In a recent Automation World article exploring ways to strengthen supply chain operations, senior editor Stephanie Neil explained blockchain technology as being “an unalterable peer-to-peer recordkeeping system that enables communities to securely record and share information.
Blockchain is best known as the core component of the digital currency Bitcoin. Each validated Bitcoin transaction creates a block, which attaches to the chain of blocks before it, thereby creating an easy-to-follow trail.”
