Please help with Part A and B with Blockchains. Thank you in advanced!

Part A: One of the positive claims of Blockchain is that it can offer 100% traceability and guaranteed origins on products. Why is that a problem or issue in the supply chain? Describe two examples of how a supply chain using blockchain and the traceability and guaranteed origin of products would be important and worth the cost and benefit of the technology.

Part B: Several of the questions (4 & 5) address topics related to trust and conflicting interests. Describe two examples of how trust and conflict of interest would encourage the use of Blockchain- regardless of the level of trust or conflict of interest. Be sure to point them out.

Question 4: Do the parties mistrust each other? A lack of trust among partners within your supply chain can make even the simplest processes complicated and stressful. If one party doesnt trust another party to record data accurately and not alter it for nefarious or self-serving purposesthe integrity of the entire supply chain can be compromised. As one blockchain thought leader put it, Blockchain is ultimately [about solving] a trust issue. Blockchain offers end-to-end transparency, allowing all parties to view and confirm others activities. And because the ledger is immutable, meaning it cannot be changed once batches of data are uploaded and verified across the network, tampering or hacking is nearly impossible. If youre currently using third parties to help establish trust, blockchain could be a smart choice, eliminating the need for often-expensive intermediaries.

Question 5: Are there differences in the rules that govern parties? Answer: When different parties within a supply chain must adhere to different guidelines and regulationswhether self-imposed, governmental, environmental or industry-wideconflict and confusion can ensue.

With traditional databases, it can be difficult and time-consuming to confirm various partners compliance and keep track of different regulations throughout the supply chain. Having to confirm compliance with individual parties can cause significant delays in moving products through a supply chainespecially when partners are spread out across the globe. With businesses and consumers alike expecting speedy delivery of goods, the old way of recording and verifying information is becoming increasingly cumbersome. If youre struggling to keep track of your partners compliance or often experience delays as a result of compliance issues, blockchain could be a good solve.