Enhancing Supply Chain Efficiency through Blockchain

Eeda.Vamsikrishna Reddy; A Sasi Kumar

Enhancing Supply Chain Efficiency through Blockchain

September 2024

Vol-10, Issue-5

Paper ID: 25025

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Computer engineering

Keywords

Blockchain Supply Chain Management Provenance Tracking Smart Contracts Data Privacy Transparency Efficiency.

Abstract

Blockchain technology is transforming supply chain management by enhancing transparency, traceability, and efficiency across industries. This paper explores the current applications of blockchain in supply chain systems, highlighting its ability to ensure data integrity and facilitate seamless coordination among stakeholders. Key areas discussed include provenance tracking, smart contracts, and fraud prevention. However, blockchain adoption is fraught with challenges, including scalability, data privacy, and regulatory concerns. The paper concludes by outlining potential future directions for blockchain technology to address these challenges and its role in shaping the future of global supply chains.

License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author Information

#	Name	Institute / Affiliation
1	Eeda.Vamsikrishna Reddy	CMR University
2	A Sasi Kumar	CMR University

How to Cite

Use the following formats to cite this article in your research.

APA Style

Reddy, Eeda.Vamsikrishna & Kumar, A Sasi (2024). Enhancing Supply Chain Efficiency through Blockchain. International Journal of Advance Research and Innovative Ideas In Education, 10(5), 845-848.

MLA Style

Reddy, Eeda.Vamsikrishna, and A Sasi Kumar. "Enhancing Supply Chain Efficiency through Blockchain." International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 5, 2024, pp. 845-848.

IEEE Style

Eeda.Vamsikrishna Reddy and A Sasi Kumar, "Enhancing Supply Chain Efficiency through Blockchain," International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 5, pp. 845-848, 2024.

Vancouver Style

Reddy Eeda.Vamsikrishna, Kumar A Sasi. Enhancing Supply Chain Efficiency through Blockchain. International Journal of Advance Research and Innovative Ideas In Education. 2024;10(5):845-848.

Harvard Style

Reddy, Eeda.Vamsikrishna & Kumar, A Sasi (2024) 'Enhancing Supply Chain Efficiency through Blockchain', International Journal of Advance Research and Innovative Ideas In Education, 10(5), pp. 845-848.

Chicago Style

Reddy, Eeda.Vamsikrishna and A Sasi Kumar. "Enhancing Supply Chain Efficiency through Blockchain." International Journal of Advance Research and Innovative Ideas In Education 10, no. 5 (2024): 845-848.

Turabian Style

Reddy, Eeda.Vamsikrishna and A Sasi Kumar. "Enhancing Supply Chain Efficiency through Blockchain." International Journal of Advance Research and Innovative Ideas In Education 10, no. 5 (2024): 845-848.