Revolutionizing Supply Chains with Blockchain

The modern global supply chain landscape has undergone substantial changes, becoming more intricate and susceptible for critical challenges such as fraud, counterfeit goods, technical imbalances etc. The study seeks to explore how the blockchain technology couldenhance effectiveness & supply chain management security. Drawing from fields like information technology, logistics, and management of business, the article delves into applications of supply chains management using this technology. It examines both organizational & regulatory challenges, as well as the technological intricacies involved in implementing blockchain. Additionally, this research evaluates real- world cases where this technology has been effectively integrated into operations of supply chain. Through this analysis, the study aims to uncoverbest practices, possible pitfalls, for organizations and insights contemplating blockchain acquisition in the supply - chain workflows. Eventually, the exploration will contribute to the increasing understanding of this blockchain technology transformation in supply chain, underscoring the emergence of collaborative efforts within the industry.

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Publication Details

Published
2024-09-20
DOI
https://doi.org/10.1109/i3ceet61722.2024.10993873
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
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article

Revolutionizing Supply Chains with Blockchain

Inderpreet Kaur, Nitya Barwi
Blockchain Technology Applications and Security
article

Revolutionizing Supply Chains with Blockchain

Inderpreet Kaur, Nitya Barwi
article en

Abstract

The modern global supply chain landscape has undergone substantial changes, becoming more intricate and susceptible for critical challenges such as fraud, counterfeit goods, technical imbalances etc. The study seeks to explore how the blockchain technology couldenhance effectiveness & supply chain management security. Drawing from fields like information technology, logistics, and management of business, the article delves into applications of supply chains management using this technology. It examines both organizational & regulatory challenges, as well as the technological intricacies involved in implementing blockchain. Additionally, this research evaluates real- world cases where this technology has been effectively integrated into operations of supply chain. Through this analysis, the study aims to uncoverbest practices, possible pitfalls, for organizations and insights contemplating blockchain acquisition in the supply - chain workflows. Eventually, the exploration will contribute to the increasing understanding of this blockchain technology transformation in supply chain, underscoring the emergence of collaborative efforts within the industry.

Galgotias University (IN), Sharda University (IN)
Openalex Percentile: Top 51%
Blockchain Technology Applications and Security
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