IoT and Blockchain for Secured Supply Chain Management

Abstract

As supply chains become more dynamic, incorporate a scope of partners, and intensely depend on an assortment of outside counterparties, blockchain has arisen as a feasible possibility to de-tangle all information, archives, correspondence exchanges that exist inside the production network organization. Each production network will have enormous measure of information being traded between different stages in a supply chain network. To deal with colossal of measure of information and guarantee its security, supply chain can consolidate IoT and blockchain. This will help in further developing security, usefulness, proficiency, and benefit of the production network. This chapter examines the foundation of blockchain, IoT, and a portion of the issues confronting present day supply chain. The significant advantages for supply chains utilizing IoT and blockchain are analyzed, and future examination heading for Integration of IoT and blockchain for supply chain management are discussed.