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What is Technological Data

Blockchain Applications in Cryptocurrency for Technological Evolution
It is a type of data representing the current state of a product or a machine or technological device. It could help to assess the quality level or the characteristics of a product as well as the data generated by the machines that participated in its production.
Published in Chapter:
Leveraging Blockchain Technology in the Value Chain and the Supply Chain: Cases on Blockchain Applications Within Chinese Firms
Youssef Elhaoussine (Beijing Normal University-Hong Kong Baptist University United International College, China), Yuhan Hu (Beijing Normal University-Hong Kong Baptist University United International College, China), and Yihao Ma (Beijing Normal University-Hong Kong Baptist University United International College, China)
DOI: 10.4018/978-1-6684-6247-8.ch011
Abstract
The chapter will discuss and present four Chinese companies leveraging blockchain technology within their value chain and supply chain to strengthen their business and generate sustainable growth. Two of the companies described are service providers: Hyperchain and Huawei. They offer the possibility to their clients to integrate blockchain technology in order to solve business problems and improve processes within their operations. The other two cases will focus on JD e-commerce and Shunfeng express delivery, which are involved in intense supply chain activities. The descriptions will show how blockchain allowed them to develop a better, more secure, and efficient fluidity of information, capital, and goods.
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