A novel paradigm for managing the product development process utilising blockchain technology principles

The product conceptualisation, design and manufacturing phases are becoming increasingly complex, since more available resources, stakeholders and sophisticated technologies are involved during product development. The exchange and management of product-related information is often a challenging task, affecting significantly the intellectual property protection process as well as the distinction of roles among stakeholders. This paper proposes a conceptual framework that utilises blockchain technology principles for managing product development information and processes with the goal of providing new approaches to extending the functionality of product data management systems. A test case focusing on products developed with additive manufacturing technologies is presented.