Exploring the Potential of Blockchain in Supply Chain Management

Fuente: Zenodo
Saved in:
Bibliographic Details
Main Author: Syeda Hajira Kawsar
Format: Recurso digital
Published: Zenodo 2024
Online Access:
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866901519979249664
author Syeda Hajira Kawsar
author_facet Syeda Hajira Kawsar
contents <p>This paper evaluated the facts and noted that supply chain management might be completely transformed by blockchain technology, that still exist certain obstacles that must be removed before it can be used more extensively. It is probable that more businesses will use blockchain to increase supply chains' effectiveness, transparency, and security as the system develops and matures. Although supply chain management might benefit from the use of blockchain, several obstacles currently stand in the way of its broader acceptance. Since this field is nevertheless in its infancy, many businesses could be reluctant to make an investment in it until it has demonstrated its viability. Furthermore, considering a blockchain infrastructure can only handle a certain amount of interactions, scalability issues also exist. This is the major reasons for which firms are investing in the technology that will help to assure better management of the supply chain.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_14802705
institution Zenodo
language
publishDate 2024
publisher Zenodo
record_format zenodo
spellingShingle Exploring the Potential of Blockchain in Supply Chain Management
Syeda Hajira Kawsar
<p>This paper evaluated the facts and noted that supply chain management might be completely transformed by blockchain technology, that still exist certain obstacles that must be removed before it can be used more extensively. It is probable that more businesses will use blockchain to increase supply chains' effectiveness, transparency, and security as the system develops and matures. Although supply chain management might benefit from the use of blockchain, several obstacles currently stand in the way of its broader acceptance. Since this field is nevertheless in its infancy, many businesses could be reluctant to make an investment in it until it has demonstrated its viability. Furthermore, considering a blockchain infrastructure can only handle a certain amount of interactions, scalability issues also exist. This is the major reasons for which firms are investing in the technology that will help to assure better management of the supply chain.</p>
title Exploring the Potential of Blockchain in Supply Chain Management
url https://doi.org/10.5281/zenodo.14802705