Blockchain Technology: It’s More Than a Luxury

Source: www.supplychainbrain.com Date: 25/02/19

For supply-chain partners, blockchain technology promises an immutable record of provenance, as products pass from hand to hand. And which industry stands to benefit more from that capability than luxury goods? Jewelry and other big-ticket items are distinguished not just by price, but by uniqueness. Determining the origin, location, condition and ownership of each individual piece is therefore essential.

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