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

What are Identities?

In digital systems, identities refer to the unique representation of individuals, organisations, devices, or software within a network or system. Digital identities can include a wide range of information, such as usernames, digital certificates, and cryptographic keys, used to authenticate and authorise entities in digital transactions and interactions.

In supply chain traceability, managing digital identities is crucial for verifying the authenticity of participants and ensuring secure communications and transactions across the supply chain. Effective identity management supports accountability, transparency, and the protection of sensitive information.

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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.

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Chain of Custody

Chain of Custody (CoC) refers to the process of documenting and verifying the sequence of custody and control over materials and products within a supply chain.

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Wood Products

Wood Products refer to a wide variety of goods derived from trees and forests, including lumber, plywood, paper, furniture, and other items made from wood fibres. These products are integral to numerous industries and everyday life, offering benefits such as carbon sequestration, renewable material, and versatility.

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