Blockchain for Supply Chain

Blockchain for supply chain management is a technology that ensures transparency and security in tracking products from origin to consumer. By using a decentralized digital ledger, each transaction is recorded in a way that cannot be altered, allowing all parties—manufacturers, suppliers, and retailers—to see the entire history of a product. This enhances trust, reduces fraud, and improves efficiency by providing real-time information. As a result, businesses can verify the authenticity of goods, track their journey, and respond quickly to issues, ultimately leading to a more reliable and accountable supply chain.