Book Chapter

New Era in the Supply Chain Management With Blockchain

Jesus Alvarado, Malka N Halgamuge

Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government | IGI Global | Published : 2021

Abstract

The results show that transparency and auditability, security and indelibility, and distribution and sustainability are the key attributes of blockchain-based solutions in 56% of the articles reviewed. These three aspects represent the foundation of blockchain technologies which may contribute positively to improve supply management processes. Moreover, immutability, tracking and tracing, and smart contracts are also included in nearly a third of the cases. Moreover, efficiencies and costs through this technology would reduce the costs in payment of intermediaries, reduce paperwork, and help in the shipment of physical documents. Supply chain plays a critical role in the global trade and urg..

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