The Role of Blockchain in Revolutionizing Supply Chain Transparency
Blockchain technology has the potential to revolutionize supply chain transparency by providing a decentralized, secure, and tamper-proof platform for tracking and tracing products. With blockchain, businesses can create an immutable record of transactions, authenticate product origin, enhance supply chain visibility, and automate processes through smart contracts. Although there are challenges to overcome, embracing blockchain can lead to greater trust, efficiency, and accountability in supply chain management, benefiting both businesses and consumers.