WAALWIJK, The Netherlands — Stahl has taken an important step toward enabling end-to-end supply chain visibility by actively engaging with external partners on blockchain readiness and implementation. As a first stage, Stahl has collaborated with KRAHN Chemie, an independent chemical distributor, to certify key raw materials from the point of origin onward. In the coming months, Stahl will encourage more partners to scale up blockchain readiness across its network and beyond.
With end-consumers, leading brands and regulatory bodies increasingly concerned about the provenance, safety and environmental impact of manufactured goods, supply chain transparency is key to more effective risk management and clearer accountability. Stahl reports that, among other solutions, blockchain technology enables the creation of immutable digital records that ensure traceability, authenticity and data security across the chain of custody. The Aura Blockchain Consortium, for example, uses blockchain technology to allow consumers to access product history and proof of authenticity of luxury goods.