Blockchain technology is transforming supply chains by increasing transparency and efficiency. This technology can also play a critical role in making supply chains more sustainable by enabling better tracking of resources and reducing waste.

• Transparency: Blockchain allows companies to track the entire lifecycle of a product, from raw materials to consumer use. This transparency helps ensure that ethical and sustainable practices are followed throughout the supply chain.
• Waste Reduction: By providing accurate, real-time data on inventory and logistics, blockchain can help reduce waste in supply chains. Companies can better match production to demand, minimizing overproduction and waste.

Blockchain is helping companies adopt more sustainable practices by offering transparency, reducing waste, and promoting ethical sourcing.