The top 5 real-life Blockchain use cases in supply chain include:

1. Traceability and Transparency:Blockchain ensures the authenticity and transparency of products by recording their journey from origin to end consumer, reducing fraud and counterfeiting.

2. Efficient Inventory Management:Blockchain enables real-time visibility of inventory, optimizing stock levels, reducing stockouts, and enhancing supply chain efficiency.

3. Product Authentication:Blockchain provides a secure and immutable record of product information, allowing consumers to verify the authenticity and quality of goods, combating counterfeit products.

4. Supplier and Vendor Management:Blockchain-based smart contracts automate processes, ensuring compliance, reducing disputes, and enhancing trust between supply chain partners.

5. Ethical and Sustainable Supply Chains: Blockchain promotes responsible sourcing by providing a transparent and immutable record of supply chain practices, ensuring fair trade, and sustainable practices.