Blockchain for Supply Chain Transparency
Blockchain for Supply Chain Transparency Blockchain technology records transactions in a distributed ledger. In supply chains, every step—from raw materials to delivery—can be logged with timestamps and participant IDs. The ledger is shared among trusted partners, and data entered is hard to alter. This makes it easier to verify where a product came from and how it arrived. Why it matters. Transparency builds trust, reduces misunderstandings, and speeds decisions. Stakeholders can see status updates, verify material quality, and confirm compliance with rules. Consumers can learn a product’s provenance and make informed choices. ...