This project pursue to examine how blockchain technology can be appealed in the sector of supply chain management, beyond its common interconnection with cryptocurrencies. While technology is frequently interrelated with finance, it has several favorable applications in non-financial industries such as food and power. By make use of blockchain technology, it is feasible to generate enduring, attainable, and empirical data of products as they proceed through the supply chain. This improves the capability to track the products, guarantee their legitimacy and morality, and do so in a more cost-efficient manner. The possible advantages of using blockchain in agribusiness were also debated, as well as the case for executing a blockchain based small business in the automotive manufacturing industry. This project prefers to outline work of block chain technology in the field of supply chain. As an endeavor to cooperate with the physical one, we support a track of the journey of the supply chain products from producers to consumers. The user can access a complete documentation and confidence that the information is on target and precise. Block chain technology demonstrate to be useful in the supply chain zone in the following ways: diminish mistakes, reduce product retards, delete fraud activities, enhance management, improve consumer or supplier belief
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.