Conclusion

The quest for traceability implies the implementation of IT tools, and as such, blockchain technology has its place in the scheme. However, it would be a mistake to consider technology before defining your business requirements. Clearly define your objectives and constraints, and then consider which technology is best, whether in the context of in-house IT development or the use of a SAAS solution.

We wouldn't be surprised, then, if blockchain emerges as one of the best choices if you need to generate digital proof and unforgeable audit trails. It will also undoubtedly be in your sights if you see an interest in creating digital twins of real assets, or if collaboration needs around data require a great deal of trust between economic partners. The greater the need for trust in data, the higher the cost of non-compliance, and the more interesting the use of distributed...