When I have to explain the application for blockchain to manufacturing companies, I often start my explanation from data. After all, many companies still have to learn what the true value of data is for their company and especially focus on connecting this data that is currently still too much hidden in separate silos. Once they understand this step, you can move towards possibilities such as blockchain and even artificial intelligence and they start to think proactively.
As a result, many manufacturing companies struggle with these terms and continue to find it difficult to read in concrete, understandable terms from the wealth of information which advantages or possibilities these innovations bring. And there lies an exponential range of extra applications.
Customer Centricity in B2B
If we could all explain these new technologies more in the language of our companies, then we would be able to step into a model of co-creation much more easily because these manufacturing companies know better than anyone where their problems and challenges lie. There is only a great distance between the communication of both parties. However, I am convinced that it can be bridged exponentially quickly and that only then will we reach the full potential of all the evolutions that are happening now and that will benefit everyone.