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Blockchain is revolutionizing supply chain management by enhancing transparency and traceability. With blockchain, every transaction and movement of goods is recorded on an immutable ledger, reducing fraud and ensuring authenticity. Companies can track products from origin to consumer, ensuring ethical sourcing and quality control. This technology also streamlines processes, cutting costs and improving efficiency. For example, Walmart uses blockchain to trace food products, reducing the time to track food sources from days to seconds. By integrating blockchain, industries can build trust with consumers and create more sustainable supply chains. The future of logistics is here, powered by blockchain.
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