How is blockchain connected to the supply chain? Firstly, blockchain technology will make it easier, and therefore, more likely for consumers to track the life-cycle of goods. Secondly, with blockchain, the future of the production of goods will be based on a demand-model, not a supply-model. Consequently, the transparency of the supply chain dynamics will lead brands to have “stronger incentives to prove that their products are made in an ethical manner, without exploiting workers or destroying the environment.”
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