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In logistics and transportation, blockchain enables near realtime status tracking, simplified document verification and improved trust among players speeding up dispute resolution, automated and quick payments. In Supply Chain Management, blockchain enables near realtime visibility of supply status, leading to accurate Supply chain plans that reduce inventory cost. traceability. Blockchain helps establish provenance that helps identify counterfeits; Blockchain also facilitates traceability that enable accurate and quick recalls.
Case study: Walmart or De Beers for Supplychain; Maersk for Logistics
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