Synopsis
MRO is a significant cost for a company. Most industries still manually record MRO data. Blockchain will not only bring transparency into the system but will help companies better track maintenance data. It will also help in better analytics for calculation of a product’s life cycle and will provide improved insights to MRO companies. In this presentation, the speaker will present the blockchain-MRO integration for the industry to see the extensive use of blockchain in tracking critical supply chain parameters, component quality, asset maintenance; preventing counterfeit products; and enhancing digital marketplaces.
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Session 7: Use of Blockchain for MRO tacking
MRO is a significant cost for a company. Most industries still manually record MRO data. Blockchain will not only bring transparency into the system but will help companies better track maintenance data. It will also help in better analytics for calculation of a product’s life cycle and will provide improved insights to MRO companies. In this presentation, the speaker will present the blockchain-MRO integration for the industry to see the extensive use of blockchain in tracking critical supply chain parameters, component quality, asset maintenance; preventing counterfeit products; and enhancing digital marketplaces.
