What are the Key Challenges Addressed by Blockchain?
Several challenges in the catalytic supply chain can be addressed using blockchain technology:
1. Counterfeit Products: Blockchain ensures the authenticity of materials by providing an immutable record of their origin and journey. 2. Regulatory Compliance: Blockchain enables easier compliance with regulatory standards by providing transparent and accessible records. 3. Data Integrity: Traditional supply chains are prone to data manipulation. Blockchain ensures that once data is recorded, it cannot be altered.
