Blockchain Prototype In The Forest Supply Chain

Blockchain technology has the potential to revolutionise the forestry industry by providing a transparent and secure way to track and verify the origin and movement of forest products. By enabling the secure tracking of forest products, blockchain can improve the forestry industry. Supply chain transactions can be recorded in a decentralised ledger. This increases transparency and traceability, helping to combat illegal logging, deforestation and fraudulent labelling. The technology can also streamline processes and reduce errors and fraud, leading to cost savings and increased confidence in the sustainability of products. Blockchain also has the potential to track CO2. However, there are challenges, including ensuring accurate data and engaging stakeholders. However, it is important to note that the implementation of blockchain technology in the forest industry is still in its early stages and there are challenges to overcome, including ensuring the accuracy of data recorded on the blockchain and engaging all relevant actors in the supply chain. The joint project "Blockchain Technology as a Driver for the Digitalisation of Forestry" specifies the potential, develops the technical requirements and determines the potential and acceptance of market participants through a large representative survey. The presentation will present the results of a feasibility study on the use of a blockchain-mapped supply chain for the entire forestry and timber industry, from forest to customer. At the same time, the follow-up project to implement a prototype blockchain application in the timber supply chain will show first results, opportunities and challenges. In addition, the technical and software requirements and possible implementation options for the use of blockchain technology in forestry business processes will be discussed. Furthermore, the results of the nationwide survey among different actors in the forest-wood chain will be explained and classified.