Blockchain enhances transparency and efficiency in supply chains.
Companies like IBM and VeChain are implementing blockchain solutions.
Immutable records track goods from origin to destination.
Reduces fraud, ensures authenticity, and speeds processes.
Walmart uses blockchain to trace food safety.
Tracks drugs to combat counterfeiting.
Integration and scalability remain hurdles.
Automates payments and compliance checks.
Simplifies customs and reduces paperwork.
Could revolutionize supply chain transparency.