Blockchain technology is revolutionizing the way companies manage their supply chains, bringing transparency, traceability and efficiency to the entire process. By enabling transactions to be recorded immutably and distributed across a decentralized network, blockchain offers an innovative solution to the challenges faced by modern supply chains. One of the main benefits of blockchain in the supply chain is transparency. Every transaction recorded in a blockchain block is visible to all participants in the network, meaning all parties involved can track the movement of products and materials in real time. This promotes trust between trading partners and reduces the possibility of fraud or information manipulation.

In addition to transparency, blockchain offers complete traceability throughout the entire supply chain.
Each product can be associated with a unique record on the blockchain, which contains detailed information about its origin, manufacturing process, transportation and storage. This allows businesses and consumers to trace the provenance of products and verify that they were produced ethically and sustainably.