Work

Blockchain Driven Supply Chain Transparency in Saf Production: Enhancing Traceability and Regulatory Compliance

Year: 2024

Type: article

Abstract: 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.

Source: International Journal of Advanced Research in Computer Science

DOI: 10.26483/ijarcs.v15i5.7139

Author: Reva Luman

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, Affordable and clean energy, Climate action

Open Access status: diamond

OpenAlex ID: W4403732799

FWCI: 0.774

Cites:

Cited by: 2

Related to: 10