Blockchain’s transparency and immutability are transforming supply chains by providing real-time tracking and ensuring product authenticity. This article explores the impact of blockchain on logistics and supply management.
Blockchain’s Role in Supply Chains: Explain how blockchain is used to track products from manufacturer to consumer, ensuring transparency, reducing fraud, and eliminating inefficiencies.
Use Cases in the Real World: Highlight companies like IBM and VeChain that are using blockchain to solve supply chain challenges in industries like food, pharmaceuticals, and luxury goods.
Benefits of Blockchain in Logistics: Discuss the major benefits, including reducing counterfeit products, enhancing security, and increasing accountability across the supply chain.