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Demystifying the Power of Blockchain Technology in Supply Chain Management

Demystifying the Power of Blockchain Technology in Supply Chain Management

Robin Singh Bhadoria, Neha Sharma, Manish Kumar Pandey
Copyright: © 2020 |Volume: 11 |Issue: 4 |Pages: 16
ISSN: 1942-3594|EISSN: 1942-3608|EISBN13: 9781799806240|DOI: 10.4018/IJAEC.2020100104
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MLA

Bhadoria, Robin Singh, et al. "Demystifying the Power of Blockchain Technology in Supply Chain Management." IJAEC vol.11, no.4 2020: pp.38-53. http://doi.org/10.4018/IJAEC.2020100104

APA

Bhadoria, R. S., Sharma, N., & Pandey, M. K. (2020). Demystifying the Power of Blockchain Technology in Supply Chain Management. International Journal of Applied Evolutionary Computation (IJAEC), 11(4), 38-53. http://doi.org/10.4018/IJAEC.2020100104

Chicago

Bhadoria, Robin Singh, Neha Sharma, and Manish Kumar Pandey. "Demystifying the Power of Blockchain Technology in Supply Chain Management," International Journal of Applied Evolutionary Computation (IJAEC) 11, no.4: 38-53. http://doi.org/10.4018/IJAEC.2020100104

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Abstract

Modern supply chain management systems have evolved into a complex and critical system. Thus, it has grown more interesting to verify the source of products and its visibility as it is moving through the supply chain network. The application of blockchain technology and Internet of Things (IoT) are likely to affect the supply chain management objectives such as cost, quality, speed, dependability, risk reduction, sustainability, and flexibility. This paper presented the concept of how blockchain technology and IoT can help to achieve supply chain objectives. This research focuses on the impact of blockchain on current and future supply chain management systems.

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