Material provenance refers to the origin and history of a physical substance or product. It tracks the sequence of custody and transformations an item undergoes from its source to its current state. Verifying provenance ensures authenticity, ethical sourcing, and compliance with industry standards. Blockchain technology offers an immutable ledger for recording these transactional histories securely.
Context
Current discussions surrounding material provenance heavily involve supply chain transparency and ethical sourcing demands. There is a growing requirement for verifiable records of materials, particularly in high-value or regulated industries. Blockchain-based solutions are gaining traction to provide verifiable, tamper-resistant proof of origin. This addresses concerns about counterfeiting and unsustainable practices effectively.
BASF Canada's reciChain platform leverages blockchain and digital badging to enhance circularity and transparent traceability of recycled plastics, optimizing value chain efficiency and compliance.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
