@evangeline5a
What role do NFTs play in supply chain management?
NFTs improve supply chain transparency by providing immutable records of product origin, ownership history, and authentication. Companies use NFT-based tracking for luxury goods, pharmaceuticals, and food safety verification. For example, VeChain integrates NFTs with blockchain to prevent counterfeiting and track logistics. However, mass adoption requires collaboration with traditional supply chain networks and regulatory approval to ensure legal compliance.
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