Blockchain - killer of illegal wood

Abstract

Distributed Ledger Technology (DTL) is a leading technologies in the current "digital revolution". The new technology is a real boon for the national forest sector. It may bring the Russian forest sector to the forefront of competitiveness and efficiency. However, the internal shortcomings, dangers, and threats of the new technology should be timely studied and eliminated. The "digit"is as strong as nuclear power. It is able to bestowhumanity or cause a global catastrophe if mishandled andmistreated. This fully applies to the forestry sector. © Published under licence by IOP Publishing Ltd.