BLOCKCHAIN
“ With all suppliers invited into the network , every time a product changes hands within the supply chain , its precise location and time-stamp are documented by creating a new block ”
DAVID SNEYD VICE PRESIDENT OF RESPONSIBLE INVESTMENT , BMO GLOBAL ASSET MANAGEMENT off the back of our damning impact on the globe . The overexploitation of humans , natural resources and raw materials has pushed the planet to a breaking point and , in the interest of balancing the scales , there ’ s a widespread drive to address the impact of business practices and create alternative methods to our mostly irresponsible , broadly neglectful ways .
It is widely believed that blockchain technology could assist corporations in the pursuit of more socially responsible norms throughout their supply chain practices in several ways . Let ’ s take a look .
Anti-Money Laundering When it comes to business , there ’ s a lot of fraudulent activity out there . In fact ,
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