The Coupling of Blockchain and Supply Chain

Year : 2024 | Volume : 11 | Issue : 02 | Page : 38 48
    By

    Ashis Kumar Samanta,

  1. Dean, Students’ Welfare, Rabindra Bharati University, Kolkata, West Bengal, India

Abstract

In today’s industrial landscape, supply chain management (SCM) is pivotal in ensuring the smooth supply of products from the manufacturing house to the seller shop. However, digitizing SCM processes has brought new challenges, particularly in data security and trustability. Blockchain, a decentralized peer-to-peer network, offers enhanced security and privacy through its distributed ledger technology. By incorporating blockchain into SCM, businesses can ensure the integrity of their data, mitigate risks such as tampering and unauthorized access, and facilitate transparent and trustworthy transactions. This paper presents a case study of implementing blockchain technology in the industry’s SCM. Through this case study, we demonstrate how blockchain can revolutionize traditional SCM practices, enhance quality control, and enable more accurate decision-making. Blockchain’s immutability ensures that all transactions and data entries are securely recorded, giving stakeholders a transparent view of the entire supply chain process. The potential of blockchain technology is to address the challenges of SCM and explore ways to improve the quality and reliability of SCM data. By leveraging blockchain technology, businesses can improve the efficiency of their SCM operations and build trust among partners and consumers. Therefore, in this literature, a blockchain application in SCM for a case study of garment SCM, provides practical insights for businesses adopting this transformative technology.

Keywords: Internet security, blockchain, supply chain management (SCM), SCM data, transparent transactions

[This article belongs to Journal of Software Engineering Tools & Technology Trends ]

How to cite this article:
Ashis Kumar Samanta. The Coupling of Blockchain and Supply Chain. Journal of Software Engineering Tools & Technology Trends. 2024; 11(02):38-48.
How to cite this URL:
Ashis Kumar Samanta. The Coupling of Blockchain and Supply Chain. Journal of Software Engineering Tools & Technology Trends. 2024; 11(02):38-48. Available from: https://journals.stmjournals.com/josettt/article=2024/view=155805


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Regular Issue Subscription Review Article
Volume 11
Issue 02
Received 26/06/2024
Accepted 03/07/2024
Published 09/07/2024
377

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