A Digital Supply Chain represents a network of interconnected systems and processes that manage the flow of goods, services, and information using advanced digital technologies. This system integrates various stages from sourcing to delivery through data-driven automation and real-time information exchange. Blockchain technology can enhance transparency and traceability within these chains, providing an immutable record of asset movement and ownership. Such chains aim to improve efficiency and reduce discrepancies across global operations.
Context
The current state of Digital Supply Chain implementation frequently addresses the use of blockchain for enhanced provenance tracking and anti-counterfeiting measures. Discussions center on interoperability between different digital platforms and the secure sharing of sensitive supply chain data. Future advancements will involve greater automation through smart contracts and the expansion of digital twins to provide comprehensive, real-time oversight of physical assets within these networks.
The integration of a permissioned DLT rail for inbound inventory tracking provides a unified, immutable data layer, fundamentally shifting control from logistics intermediaries back to the enterprise treasury and operations core.
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