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Application of Blockchain Technology in Logistics

Blockchain technology offers a solution that eliminates the need for different members of the supply chain to trust each other explicitly, as the data in the blockchain is independently verified and incorruptible, which means that manufacturers, customers, and shippers can share and analyze data securely and in real time, and can also lead to a reduction in costs and time that it takes to move a product through the supply chain. (blockruption.com)

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