Preparing for the EU Deforestation Regulation: Using the Delay as a Business Advantage

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.

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Related terms

Timber Traceability

Timber Traceability refers to the ability to track the origin and movement of timber and timber products through all stages of the supply chain, from the forest to the final consumer. This process involves documenting each step of the journey to ensure the legality and sustainability of the timber sourced.

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Supply Chain Transparency

Supply Chain Transparency refers to the extent to which a company discloses information regarding the practices, partners, policies, and origins within its supply chain.

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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.

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