What is Immutability?
Immutability refers to the characteristic of data or records that cannot be altered or deleted after being recorded. This principle is a cornerstone in the realm of digital transactions, underpinning the reliability and security of data management systems. It ensures that once data is added to a digital ledger or database, it remains unchanged, providing a trustworthy and verifiable record of transactions.
This property is particularly valuable in supply chain traceability, as it guarantees the integrity of the data recorded, such as the origins, handling, and transactions associated with a product. Immutability helps prevent fraud, enhances transparency, and builds trust among all participants in the supply chain.
Related terms
Distributed Ledger Technology (DLT)
Distributed Ledger Technology (DLT) refers to a decentralised database that is consensually shared and synchronised across multiple sites, institutions, or geographies, making it accessible to multiple participants.
Sustainability
Sustainability in the context of supply chain management refers to the development and implementation of environmentally responsible and socially equitable business practices throughout the supply chain. It aims at meeting the needs of the present without compromising the ability of future generations to meet their own needs.
Immutability
Immutability refers to the characteristic of data or records that cannot be altered or deleted after being recorded. This principle is a cornerstone in the realm of digital transactions, underpinning the reliability and security of data management systems.