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Blockchain technology can bring several valuable benefits to supply chain management by providing a trustworthy, transparent, and efficient way to record and share information among all participants. Here are the key roles it can play: | Role | How it works | Benefits for supply chains | |------|--------------|----------------------------| | **Immutable record‑keeping** | Every transaction (e.g., shipment, hand‑off, inspection) is stored in a tamper‑proof ledger. | Reduces fraud, counterfeiting

Synthetic assets are tokenized representations of real‑world or on‑chain assets that track the value of something else without requiring users to hold the underlying asset directly. In DeFi, they are created by smart contracts that lock collateral and issue a derivative token whose price mirrors the target exposure. ### Key Characteristics - **Collateralized:** Usually over‑collateralized with crypto (e.g., ETH, USDC) to guarantee redemption. - **Pegged Value:** The synthetic token’s price is a