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Blockchain Technology as A Guarantee of Transparency in The Supply Chain of Commercial Enterprises

Published: 18 April 2022 Publication History

Abstract

Traceability has become an essential element of supply chain management, especially in safety-sensitive sectors such as food, pharmaceuticals, etc. Upstream (manufacturers, producers, etc.) and downstream (distributors, wholesalers, etc.) supply chain actors need to store and process traceability information in order to provide proof of regulatory compliance to national authorities as well as the most demanding customers. Studies have shown that developing countries, especially on the African continent, are particularly prone to the commercialization of counterfeit products and the use of diverted consumables, thus reducing the confidence in the various products and services offered by commercial enterprises, not only towards consumers but also towards companies and other actors of the concerned sectors. Therefore, the main objective of this paper is to examine the characteristics and functionalities of blockchain technology and to identify blockchain-based solutions to address consumer product traceability issues, as well as to highlight the benefits of implementing blockchain-based traceability systems by proposing a blockchain architecture to ensure traceability and transparency.

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Cited By

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  • (2024)On the digital transformation of micro-finance institutions in the context of developing countries: A case from Democratic Republic of the CongoJournal of Engineering and Technology Research10.5897/JETR2023.074716:1(7-11)Online publication date: 30-Apr-2024
  • (2024)SoK on DLT Solutions for Agri-food Traceability2024 6th International Conference on Blockchain Computing and Applications (BCCA)10.1109/BCCA62388.2024.10844463(642-647)Online publication date: 26-Nov-2024
  • (2024)Digital twins' readiness and its impacts on supply chain transparency and sustainable performanceIndustrial Management & Data Systems10.1108/IMDS-10-2023-0767124:8(2532-2566)Online publication date: 24-Jun-2024

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cover image ACM Other conferences
ASSE' 22: 2022 3rd Asia Service Sciences and Software Engineering Conference
February 2022
202 pages
ISBN:9781450387453
DOI:10.1145/3523181
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

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Publication History

Published: 18 April 2022

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Author Tags

  1. Blockchain
  2. architecture
  3. data management
  4. enterprise
  5. network
  6. security
  7. supply chain
  8. traceability
  9. transparency

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Cited By

View all
  • (2024)On the digital transformation of micro-finance institutions in the context of developing countries: A case from Democratic Republic of the CongoJournal of Engineering and Technology Research10.5897/JETR2023.074716:1(7-11)Online publication date: 30-Apr-2024
  • (2024)SoK on DLT Solutions for Agri-food Traceability2024 6th International Conference on Blockchain Computing and Applications (BCCA)10.1109/BCCA62388.2024.10844463(642-647)Online publication date: 26-Nov-2024
  • (2024)Digital twins' readiness and its impacts on supply chain transparency and sustainable performanceIndustrial Management & Data Systems10.1108/IMDS-10-2023-0767124:8(2532-2566)Online publication date: 24-Jun-2024

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