Based on blockchain technology, this standard utilizes blockchain’s unique non-codifiable distributed ledger records and decentralized and intermediary characteristics to realize the full life cycle tracking and traceability of products, solving the problem of “trustworthiness” for enterprises and consumers. Compared with the traditional traceability method, this standard makes use of blockchain decentralization, reduces the difficulty of trust endorsement, organizes more supply chain participants, supplements and jointly maintains more product data, improves user trust, and instantly grasps and tracks the production situation. At the same time, based on the blockchain distributed ledger function data records also have consistency, so that the information data can be traced back, when the supply chain data is tampered with, effective accountability can be realized. In addition, all parties in the supply chain work together to maintain the data source, and the data is entered into the block sequentially, which is open and transparent, ensuring that all parties involved can identify problems in the product production process in a timely manner.

Infomacro actively participates in cooperation and exchanges that are conducive to the development of the industry in Guangdong, Hong Kong and Macao, and cooperates with relevant professional organizations to promote the construction and management of industry technology standardization, effectively enhance its competitiveness, and provide continuous and effective support for the healthy, long-term development of the industry.

In the future, Infomacro will strictly carry out this standardized management, combine with blockchain technology to provide safe and reliable network information security for e-law, Internet finance and other fields, and promote the innovative development of blockchain technology in various industries.