Title: Resource sharing method of new product development in the digital market based on blockchain

Authors: Hongtao Zhang

Addresses: Shangqiu Institute of Technology, Shangqiu 476000, China

Abstract: In order to overcome the problems of long query time and low efficiency in the process of new product development resource sharing in digital market, this paper proposes a new resource sharing method for new product development in digital market based on blockchain. Based on the blockchain technology, this method constructs the knowledge sharing system of new product development in digital market. This paper analyses the faults existing in the system shared data, and introduces the contents of these faults in the technical part into ontology, constructs the knowledge sharing model, promotes the resource sharing mechanism of new product development, and completes the resource integration and sharing of new product development according to the ontology knowledge base. The experimental results show that the query time is controlled within 80 s, and the time efficiency is higher.

Keywords: blockchain technology; digital market; new product development; resource sharing.

DOI: 10.1504/IJPD.2021.116151

International Journal of Product Development, 2021 Vol.25 No.2, pp.145 - 159

Received: 26 Nov 2020
Accepted: 14 Mar 2021

Published online: 12 Jul 2021 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article