Blockchain Technology in Supply Chain Management

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dc.contributor.authorKawino A. A.
dc.date.accessioned2024-06-15T08:59:25Z
dc.date.available2024-06-15T08:59:25Z
dc.date.issued2024
dc.description.abstractBlockchain technology has emerged as a groundbreaking solution for addressing various challenges in supply chain management (SCM). This paper provides a comprehensive overview of the integration of blockchain technology into SCM, focusing on its definition, importance, key features, challenges, applications, and future trends. The paper begins by elucidating the concept of blockchain technology and its significance in fostering transparency, trust, and real-time data management in supply chains. It explores the potential of blockchain in enhancing accountability, traceability, collaboration, and decentralization across diverse industries and applications. Furthermore, the paper discusses the challenges inherent in traditional SCM and how blockchain technology can mitigate these challenges, particularly in areas such as transparency, traceability, and counterfeit prevention. Several real-world blockchain applications in SCM are examined, including food safety, product authenticity, and supply chain transparency. Finally, the paper explores future trends and implications of blockchain technology in SCM, highlighting the need for deeper integration, development, and self-decentralization to create more flexible and adaptive supply chain systems.
dc.description.sponsorshipFaculty of Education Kampala International University Uganda
dc.identifier.issn1597-8656
dc.identifier.urihttp://hdl.handle.net/20.500.12493/14466
dc.language.isoen
dc.publisherRESEARCH INVENTION JOURNAL OF RESEARCH IN EDUCATION
dc.titleBlockchain Technology in Supply Chain Management
dc.title.alternativeA Comprehensive Overview
dc.typeArticle
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