BLOCKCHAIN DRIVEN SUPPLY CHAIN TRANSPARENCY IN SAF PRODUCTION: ENHANCING TRACEABILITY AND REGULATORY COMPLIANCE
This study examines the integration of blockchain technology to improve transparency and regulatory compliance in the Sustainable Aviation Fuel (SAF) supply chain. Currently, SAF production experiences a 15% discrepancy in feedstock traceability, causing inefficiencies and regulatory issues. Blockchain’s decentralized ledger offers a secure, immutable record of transactions, decreasing fraud risks and enhancing traceability by up to 30%. Through case studies and data analysis, the research evaluates blockchain’s potential to reduce operational costs by 20%, while ensuring compliance and fostering trust among stakeholders. By tracking SAF from feedstock acquisition to final distribution, blockchain technology enhances adherence to environmental standards and boosts operational efficiency by 25%. The findings indicate that blockchain could significantly contribute to a more transparent and sustainable SAF production model.
Authors
- Reva Luman
Institutions
- University Health Care System (US)
Publication Details
- Journal
- International Journal of Advanced Research in Computer Science
- Published
- 2024-10-20
- DOI
- https://doi.org/10.26483/ijarcs.v15i5.7139
- Citations
- 2
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 1.56