Can NFTs Save the Supply Chain?

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Can NFTs Save the Supply Chain?

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  • This paper analyzes the following statement: “The additional strain on global supply chains caused by the Suez Canal incident couldn’t have come at a worse time. A year of Covid-19 has already pushed supply chains to their breaking point. Of course, everyone remembers the infamous toilet paper shortage. But that’s just a glimpse of what happens when a supply chain is stretched beyond its limits.”
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Can NFTs Save the Supply Chain?

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Sample Text From This Article

“The inefficiencies and failures of supply chains ultimately filter down to consumers. As a result, consumers have already seen prices climb steadily. A survey of 901 importers found that 77% of them experienced supply chain difficulties over the previous six months, and 44% of them had to raise prices as a result. Higher prices might curb consumer appetites and alleviate the pressures on the supply chain, but this would only help crumble an already struggling global economy.”

Keywords & Frequency Used for this Article

Frequency – (Percentage used within Article) – Keyword

24 (5%)  supply
22 (4%)  NFTs
15 (3%)  digital
13 (2%)  chains
12 (2%)  tokens
11 (2%)  chain
8 (2%)  consumers
8 (2%)  products
8 (2%)  people
7 (1%)  blockchains

Meta Description for this Article

“Through the use of blockchain technology and NFTs, organizations can become more organized, efficient, and effective at producing and moving goods to where they need to be.”

  • 27 words used
  • 172 characters used (with spaces)

Meta Description – HTML code:

<meta name=”description” content=”Through the use of blockchain technology and NFTs, organizations can become more organized, efficient, and effective at producing and moving goods to where they need to be.”/>

Article Writing Brief - 'Can NFTs Save the Supply Chain?'

This paper analyzes the following statement:

“The additional strain on global supply chains caused by the Suez Canal incident couldn’t have come at a worse time. A year of Covid-19 has already pushed supply chains to their breaking point. Of course, everyone remembers the infamous toilet paper shortage. But that’s just a glimpse of what happens when a supply chain is stretched beyond its limits.”

Referencing Used

The Referencing style used with this article:

  1. Minimum 4 x credible, peer-reviewed articles and respected websites
  2. 1 x free/ full rights image courtesy of Unsplash
  3. A separate, formatted Reference section is at the end of the article

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