The Relationship between Lean Production and Blockchain

Blockchain is used to improve the level of lean production.

Blockchain technology is a brand-new distributed infrastructure and computing paradigm. It uses blockchain data structure to verify and store data, uses distributed node identification algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contracts composed of automated script codes to program and manipulate data. The use of blockchain technology is helpful to improve the links in industrial manufacturing, such as supply chain cooperation, product life cycle management, logistics information, warehousing management, after-sales follow-up and so on.