January 8, 2025 at 2:03:21 AM GMT+1
What specific measures can New Balance and Asics take to integrate blockchain technology into their supply chain management, and how can they utilize smart contracts to ensure fair labor practices and environmentally friendly production methods? Can decentralized finance provide alternative funding options for sustainable footwear initiatives, and what role can community-driven approaches play in promoting equitable and sustainable business models? How can the footwear industry leverage decentralized applications to increase transparency and reduce counterfeiting, and what are the potential benefits of adopting decentralized finance for leading brands? What are the potential challenges and limitations of implementing blockchain-based supply chain management, and how can they be addressed? Can decentralized finance provide a more secure and efficient way of conducting transactions, and how can it promote a more community-driven approach to production and consumption?