On July 9, the Furniture and Wood Technology Center (CETEM), together with the blockchain associations of Murcia and Lorca, is hosting a webinar on decentralized technology in the wood sector.
Organized by the Integra Foundation, The event deals in detail with blockchain technology with a focus on the furniture sector and presents solutions, analyzes and studies for the very important wood market in Spain. that can be positioned first within this technology.
The content includes an introduction and scope of the blockchain in the furniture sector as well as the execution of intelligent contracts for raw material suppliers, internal quality processes in the manufacture and the execution of intelligent contracts when sold to third parties and final export.
Eloy Jiménez Vidal will be the keynote speaker, who has a master’s degree in digital transformation and Industry 4.0 and specializes in blockchain, automated process robotization, business intelligence, IoT and smart cities.
Vidal also works as a CIO in the Blockchain Factory and is a telecommunications and civil engineer.
The webinar is free and open and can be accessed via the link provided by CETEM. which in turn will have its first ordinary general assembly electronically before the event.
CETEM’s goal with this type of initiative is to introduce companies connected to blockchain technology so that in the medium term they can be at the forefront of new challenges in trading and relationships with both users and the corporate level.
A sector at the forefront
The CETEM of the Murcia region is a private non-profit association based in one of the most important regions in Spain in the furniture sector.
The association is a national benchmark for its high level of innovation and achievements over the past 20 years, which not only support its employees but also carry out services and technological projects in this sector to promote and promote the development and continuous improvement of Furniture, wood and related businesses.
It is worth noting that CETEM is part of the Register of Innovation and Technology Centers (CIT) and, as part of its vision, is a sustainable technology center that goes beyond a meeting point for the furniture sector in Spain.
The services offered include 3D printing, material testing, quality management, lean manufacturing, virtual animation and software for innovation, development and research.
The furniture sector in Spain has a high economic weight in the European country. According to the dossier of the National Association of Industrialists and Furniture Exporters in Spain (Anieme), Spanish furniture exports grew by 4.7% in 2019 compared to 2018, exceeding the value of EUR 2,318 million.
The report also shows that the main destinations for Spanish furniture exports are France, Portugal, Germany and the United States, with 53 percent of total exports accumulated.
Given the industry’s relevant numbers, it’s not surprising that there’s an intent to modernize its business programs with blockchain technology to ensure greater transparency and traceability for its processes across the production chain.