Aerospace & Defense
Innovation and collaborative, synchronized program management for new programs
Innovation and collaborative, synchronized program management for new programsExplore Industry
Integration of mechanical, software and electronic systems technologies for vehicle systemsExplore Industry
Product innovation through effective management of integrated formulations, packaging and manufacturing processesExplore Industry
New product development leverages data to improve quality and profitability and reduce time-to-market and costsExplore Industry
Supply chain collaboration in design, construction, maintenance and retirement of mission-critical assetsExplore Industry
Integration of manufacturing process planning with design and engineering for today’s machine complexityExplore Industry
Visibility, compliance and accountability for insurance and financial industriesExplore Industry
Shipbuilding innovation to sustainably reduce the cost of developing future fleetsExplore Industry
Siemens PLM Software, a leader in media and telecommunications software, delivers digital solutions for cutting-edge technology supporting complex products in a rapidly changing market.Explore Industry
“Personalized product innovation” through digitalization to meet market demands and reduce costsExplore Industry
Faster time to market, fewer errors for Software DevelopmentExplore Industry
Siemens PLM Blockchain
A blockchain is a digital ledger hosted by a decentralized peer-to-peer (P2P) network that stores a digital record of transactions as discrete "blocks" that are cryptographically linked together as a "chain" of information.
Because the blockchain exists on a decentralized P2P network, the typical risks that come with storing data in a central location (like a server or data center) do not apply; there are no singular points of failure that an outside actor can exploit. When a new ‘block’ is added to the blockchain, it is linked to the previous block, ensuring the chain is never broken and that each block is permanently recorded. Any changes can only be applied with the consensus of all participants in the network. Together, all of these attributes make blockchains extremely secure and accurate repositories of data.
Although blockchains are relatively new technology, they are anticipated to streamline and accelerate business processes, increase cybersecurity, and reduce or eliminate the need for third-party verification across multiple industries within the next few years. With blockchain, manufacturers can create trusted networks that improve supply chains, better protect intellectual property and work with advanced technologies like 3D printing, microgrids and autonomous vehicles.