Work

Blockchain and Supply Chain Management: The Future of Trust and Transparency

Year: 2022

Type: article

Abstract: : Supply chain management involves the coordination of various parties in the production, handling, and distribution of goods. Blockchain technology offers a new approach to managing the supply chain by enabling the creation of secure, decentralized, and transparent networks for tracking and verifying the movement of goods. This can help improve supply chain efficiency, reduce the risk of fraud and counterfeiting, and provide greater visibility and traceability throughout the entire supply chain. With its ability to facilitate real-time tracking, smart contracts, and secure data sharing, blockchain technology has the potential to revolutionize the way supply chains are managed.

Source: International Journal for Research in Applied Science and Engineering Technology

DOI: 10.22214/ijraset.2022.48117

Authors: Ankit Waikar, Yash Nikam, Nachiket Chaudhari, Dr. J. R. Pansare

Institution: Savitribai Phule Pune University

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Responsible consumption and production

Open Access status: diamond

OpenAlex ID: W4312217480

FWCI: 1.485

Cites: 8

Cited by: 9

Related to: 10