Citing BitJie, blockchain is increasingly being recognized as a viable solution to longstanding issues of trust, traceability, and transaction efficiency across industries. As traditional systems like SWIFT and ACH face limitations in speed and transparency, blockchain offers a shared, immutable ledger that enables real-time settlement, tokenization of assets, and enhanced supply chain traceability. Major institutions, including JPMorgan and BlackRock, are exploring tokenized assets, while brands like LVMH and De Beers are leveraging blockchain for anti-counterfeiting and ESG compliance. The technology is shifting from speculative hype to practical deployment, addressing structural inefficiencies in finance, logistics, and authentication.
Blockchain Emerges as a Solution to Trust and Transparency Challenges
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