Blockchain technology, initially developed as the underlying architecture for cryptocurrencies like Bitcoin, has evolved beyond its financial origins to become a powerful tool for a wide range of applications, including supply chain management. With its decentralized and immutable nature, blockchain offers a solution to many challenges faced by traditional supply chain systems, such as lack of transparency, inefficiencies, and fraud. By securely recording transactions in a distributed ledger, blockchain enables real-time tracking and verification of goods as they move through the supply chain.
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