Supply Chain Integrity ensures the authenticity, provenance, and uncompromised state of products and data throughout their journey from origin to consumer. Blockchain technology enhances this by providing an immutable and transparent ledger to record every step of a product’s movement and transformation. This distributed record system allows for verifiable tracking, reducing counterfeiting and improving accountability across complex global supply chains. It offers a robust method for confirming product legitimacy and maintaining trust among all participants.
Context
Supply Chain Integrity solutions utilizing blockchain are gaining traction across various industries, from luxury goods to pharmaceuticals, to combat fraud and enhance consumer confidence. The current discussion often revolves around interoperability standards for different blockchain networks used in supply chains and the scalability challenges of processing vast amounts of data. News frequently reports on pilot programs and new implementations demonstrating blockchain’s capability to secure and verify product histories.
Integrating digital identities with DLT transforms supply chain logistics into an immutable data layer, mitigating systemic fraud and enhancing product provenance.
A novel framework integrates Trusted Execution Environments with blockchain governance, enabling verifiable, portable, and censorship-resistant confidential computing for decentralized applications.
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