When it comes to blockchain, it's actually quite simple — a chain-like structure formed by connecting multiple data blocks in chronological order. Each block stores key information of the participating nodes in the network, arranged and linked according to their creation time, ensuring data integrity and traceability.

Nowadays, in the field of supply chain management, the role of blockchain is truly in high demand. The most practical benefit: helping each participating enterprise break down information silos. Previously, each link operated independently, with data scattered everywhere. With blockchain, full-chain data management becomes a reality, allowing participants to monitor the activities of other nodes in real-time, significantly increasing supply chain transparency.

Interestingly, the upgrade of supply chains is not solely reliant on blockchain. New technologies such as IoT (Internet of Things), big data analytics, artificial intelligence decision-making, edge computing, and virtual reality are also working together. These technologies combined can create a truly efficient modern supply chain system. Relying on a single technology is far from enough.