Definition ∞ Supply chain tokenization involves representing physical goods, components, or documents within a supply chain as digital tokens on a blockchain. Each token can carry verifiable data about its associated asset, including origin, ownership history, and certifications. This process enhances transparency, traceability, and efficiency across the entire supply chain. It enables real-time tracking and immutable record-keeping for goods in transit.
Context ∞ Supply chain tokenization is a rapidly developing application of blockchain technology, addressing inefficiencies and lack of transparency in global logistics. Discussions often focus on legal recognition of tokenized assets and interoperability between different blockchain platforms. The goal is to create more resilient, efficient, and verifiable supply chains for various industries.