Material origin refers to the initial geographical source or point of production for raw materials or components used in manufacturing. Establishing material origin is crucial for supply chain transparency, ethical sourcing, and compliance with trade regulations. It helps verify product authenticity and track environmental or social impacts. This data supports responsible consumption and production.
Context
Blockchain technology is increasingly applied to verify material origin in supply chains, a topic often featured in crypto news. Reports detail how distributed ledgers can provide an immutable record of a material’s journey from source to consumer. This enhances traceability and accountability for industries concerned with ethical sourcing.
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