Blockchain technology offers transformative potential for supply chain management by providing enhanced transparency, traceability, and efficiency. By recording every transaction on a decentralized ledger, blockchain enables all stakeholders to access real-time information about the movement and origin of goods. This increased visibility helps reduce fraud, improve inventory management, and ensure the authenticity of products. As more companies recognize these benefits, blockchain adoption in supply chain management is expected to grow, leading to more streamlined and trustworthy global trade practices.
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