Alibaba Introduces Blockchain To Enhance Supply Chain Integrity

Home / Alibaba Introduces Blockchain To Enhance Supply Chain Integrity

The Chinese e-commerce giant launched an initiative to protect product authenticity and by this enhance consumer confidence and create trust and transparency for cross-border trade. The integration of blockchain technology will incorporate standards and controls including product tagging with unique QR codes and blockchain technology in a bid to authenticate, verify, record and provide ongoing reporting of products throughout the shipping process.

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