The Proactive Alliance industry group will discuss how the information technology known as blockchain could help collect and share material data for articles – including their chemical composition – across sectors.
The cross-sector alliance of industry representatives is working to develop
a global standard for material data, which would be interoperable with the IT systems used by different sectors.
Blockchain is a digital record-keeping system that enables the creation and maintenance of a growing number of records, allowing fast tracking of information. It was originally created to manage transactions through the crypto-currency Bitcoin, but has since shown potential for sharing and retrieving many other forms of data.
Martin Führ, a professor at Darmstadt University of Applied Sciences, is coordinating the initiative with his research group Sofia. Speaking at a Chemical Watch webinar this week, Professor Führ said the group will be "taking blockchain into account".
"It might help to solve some issues and if it does the standard should [consider its use]".
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