Supply chain traceability refers to the ability to track and verify the journey of a product from its origin to its final destination. In the realm of digital currencies, it involves monitoring transactions and verifying the movement of assets across the network.Each transaction is recorded on a public ledger, allowing participants to see the history of any particular asset. This transparency helps ensure that all transactions are legitimate and provides a clear audit trail.With traceability, users can identify the source of a product or asset, assess its authenticity, and monitor its journey through various exchanges and wallets. This is particularly useful for preventing fraud, ensuring compliance with regulations, and enhancing security.Additionally, traceability can improve accountability among involved parties, as discrepancies can be easily identified. Overall, it enhances trust within the system by enabling users to verify the details behind every transaction, contributing to a more transparent and reliable environment.