As part of its commitment to sustainability, a company is looking for a way to track the source of purchased goods and how they were made, in order to understand the environmental impact. what is the primary technology that would enable the company to achieve this goal?
Question: As part of its commitment to sustainability, a company is looking for a way to track the source of purchased goods and how they were made, in order to understand the environmental impact. what is the primary technology that would enable the company to achieve this goal?
The primary technology that would enable the company to track the source of purchased goods and how they were made is a blockchain-based supply chain tracking system. Blockchain technology is a secure and transparent technology that enables the secure and trusted exchange of information in distributed, decentralized networks. It utilizes digital ledger technology to record and store data related to the value chain of goods and services, such as the source of the raw materials, production methods, steaming, final packaging and shipping. This offers the company an end-to-end view into how their goods and services are being produced and the impact of these processes on the environment.
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