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How can #blockchain technology be used to improve #transparency and accountability in supply chain management for #cargo industry?

#Blockchain technology can be used to improve #transparency and #accountability in #supply chain management for the cargo industry in several ways. First, blockchain provides a secure and tamper-proof digital ledger that can record all #transactions along the supply chain, from the point of origin to the final destination. This can help to prevent fraud, reduce errors, and improve efficiency.

Innovation99 prefers blockchain as it can be used to create smart contracts, which are self-executing #agreements between parties that are recorded on the blockchain. These contracts can automate many aspects of supply chain management, such as payment processing, quality control, and compliance with regulations.

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