What are Identities?
In digital systems, identities refer to the unique representation of individuals, organisations, devices, or software within a network or system. Digital identities can include a wide range of information, such as usernames, digital certificates, and cryptographic keys, used to authenticate and authorise entities in digital transactions and interactions.
In supply chain traceability, managing digital identities is crucial for verifying the authenticity of participants and ensuring secure communications and transactions across the supply chain. Effective identity management supports accountability, transparency, and the protection of sensitive information.
Related terms
Digital Twin
In supply chain management, digital twins can model and monitor supply chain operations, predict outcomes under various scenarios, and optimise performance.
Risk Assessment in Supply Chain
Risk Assessment in Supply Chain is the process of identifying, analysing, and managing the potential risks and vulnerabilities within a supply chain that could disrupt operations, impact profitability, or harm the reputation of the business.
Proof of Authority
Proof of Authority (PoA) is a consensus mechanism used in secure digital ledger networks where transactions and block creation are validated by approved accounts, known as validators.