Welcome to the InfoSci Platform
Blockchain Technology in Supply Chain Management: Opportunities and Challenges

Blockchain Technology in Supply Chain Management: Opportunities and Challenges

Mustafa Rehman Khan, Fazeelat Masood, Irum Gul, Muhammad Rahies Khan
Copyright: © 2024 |Pages: 21
ISBN13: 9798369313633|ISBN13 Softcover: 9798369345542|EISBN13: 9798369313640
DOI: 10.4018/979-8-3693-1363-3.ch010
Cite Chapter Cite Chapter

MLA

Khan, Mustafa Rehman, et al. "Blockchain Technology in Supply Chain Management: Opportunities and Challenges." Convergence of Industry 4.0 and Supply Chain Sustainability, edited by Muhammad Rahies Khan, et al., IGI Global, 2024, pp. 275-295. https://doi.org/10.4018/979-8-3693-1363-3.ch010

APA

Khan, M. R., Masood, F., Gul, I., & Khan, M. R. (2024). Blockchain Technology in Supply Chain Management: Opportunities and Challenges. In M. Khan, N. Khan, & N. Jhanjhi (Eds.), Convergence of Industry 4.0 and Supply Chain Sustainability (pp. 275-295). IGI Global. https://doi.org/10.4018/979-8-3693-1363-3.ch010

Chicago

Khan, Mustafa Rehman, et al. "Blockchain Technology in Supply Chain Management: Opportunities and Challenges." In Convergence of Industry 4.0 and Supply Chain Sustainability, edited by Muhammad Rahies Khan, Naveed R. Khan, and Noor Zaman Jhanjhi, 275-295. Hershey, PA: IGI Global, 2024. https://doi.org/10.4018/979-8-3693-1363-3.ch010

Export Reference

Mendeley
Favorite

Abstract

The integration of blockchain technology in supply chains has the potential to transform the industry by improving transparency, traceability, and security. This study provides insight into important aspects for data management in blockchains, such as data kinds, collection tactics, integration methodologies, and data input and delivery accountability. Furthermore, it emphasizes the financial ramifications of blockchain adoption, emphasizing the difficulties that small supply chain enterprises confront due to limited resources. Cultural resistance and deeply embedded corporate procedures are investigated as important operational barriers that could stymie blockchain technology adoption. This study emphasizes the significance of building robust governance models and protocols that promote collaboration and compliance among supply chain actors to manage these difficulties. Moreover, the importance of tackling interoperability issues across different blockchain systems to provide seamless information flow within complicated supply chain networks is emphasized.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.