THE USE OF BLOCK TECHNOLOGIES IN SUPPLY CHAIN MANAGEMENT AND LOGISTIC INDUSTRY

Fuente: Zenodo
Saved in:
Bibliographic Details
Main Authors: Yotsov, Ivo, Kalinova, Zhaneta, Koritarov, Todor
Format: Recurso digital
Language:Bulgarian
Published: Zenodo 2018
Subjects:
Online Access:
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866901783028170752
author Yotsov, Ivo
Kalinova, Zhaneta
Koritarov, Todor
author_facet Yotsov, Ivo
Kalinova, Zhaneta
Koritarov, Todor
contents <p>Today's supply chain management covers all links in ever more globalized and fragmented production and distribution. Depending on the product, the supply chain can consist of hundreds of stages with a wide geographic distribution, multiple invoices and payments, diferent individuals and companies involved in them. Despite the existence of multiple management systems, this complexity leads to a lack of transparency. This determines the interest in how blockchain technology can transform the supply chain and change the logistics industry. Blochain is a distributed public consensus system that maintains a continuous record of network transactions that are unable to be changed after the recording. With these features blockchain, in practice provides consensus by ensuring transparency. There would be no disputes about transactions in the chain because all entities have the same version of the book, and anyone in the blockchain can see the property chain for a particular asset. This ensures transparency and trust in a supply chain. Better visibility in orders, more accurate and reliable data needed for analysis and greater confidence among all actors in the supply chain are the key benefits of using blockchain technology.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_14449570
institution Zenodo
language bul
publishDate 2018
publisher Zenodo
record_format zenodo
spellingShingle THE USE OF BLOCK TECHNOLOGIES IN SUPPLY CHAIN MANAGEMENT AND LOGISTIC INDUSTRY
Yotsov, Ivo
Kalinova, Zhaneta
Koritarov, Todor
Blockchain, supply chain, supply chain management
<p>Today's supply chain management covers all links in ever more globalized and fragmented production and distribution. Depending on the product, the supply chain can consist of hundreds of stages with a wide geographic distribution, multiple invoices and payments, diferent individuals and companies involved in them. Despite the existence of multiple management systems, this complexity leads to a lack of transparency. This determines the interest in how blockchain technology can transform the supply chain and change the logistics industry. Blochain is a distributed public consensus system that maintains a continuous record of network transactions that are unable to be changed after the recording. With these features blockchain, in practice provides consensus by ensuring transparency. There would be no disputes about transactions in the chain because all entities have the same version of the book, and anyone in the blockchain can see the property chain for a particular asset. This ensures transparency and trust in a supply chain. Better visibility in orders, more accurate and reliable data needed for analysis and greater confidence among all actors in the supply chain are the key benefits of using blockchain technology.</p>
title THE USE OF BLOCK TECHNOLOGIES IN SUPPLY CHAIN MANAGEMENT AND LOGISTIC INDUSTRY
topic Blockchain, supply chain, supply chain management
url https://doi.org/10.5281/zenodo.14449570