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Generate QuizWhich of the following is a benefit of 'Blockchain' technology for environmental supply chains?
- Increasing opacity in transactions
- Enhancing traceability and verifying sustainability claims for products like timber or seafood
- Promoting anonymous illegal trade
- Eliminating the need for verification
Answer: Enhancing traceability and verifying sustainability claims for products like timber or seafood
Blockchain's immutable ledger can track products from source to consumer, reducing fraud, ensuring compliance with certification standards, and building consumer trust.