An In-Depth Examination of Blockchain Integration in Supply Chain Optimization, along with Future Directions


Authors : S M Sohel Ahmed; Shuhag Husain; Sharar Shadab Shah

Volume/Issue : Volume 9 - 2024, Issue 3 - March

Google Scholar : https://tinyurl.com/mr2feb7v

Scribd : https://tinyurl.com/mt2fsux8

DOI : https://doi.org/10.38124/ijisrt/IJISRT24MAR1697

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Abstract : The potential of Decentralized Ledger Technology in Supply Chain Management has drawn more and more attention in recent years. This study explores how blockchain technology might improve supply chain operations' efficiency, security, traceability, and transparency. This study clarifies the various advantages that blockchain provides to supply chain stakeholders through qualitative research incorporating in-depth interviews (both in-person and via video conference) with 15 participants. The results highlight how blockchain technology has the power to transform established supply chain procedures, cut expenses, stop fraud, and guarantee that moral principles are followed.

Keywords : Blockchain, Supply Chain Management, Transparency, Traceability, and Security.

The potential of Decentralized Ledger Technology in Supply Chain Management has drawn more and more attention in recent years. This study explores how blockchain technology might improve supply chain operations' efficiency, security, traceability, and transparency. This study clarifies the various advantages that blockchain provides to supply chain stakeholders through qualitative research incorporating in-depth interviews (both in-person and via video conference) with 15 participants. The results highlight how blockchain technology has the power to transform established supply chain procedures, cut expenses, stop fraud, and guarantee that moral principles are followed.

Keywords : Blockchain, Supply Chain Management, Transparency, Traceability, and Security.

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