Research on Innovation Management of Enterprise Supply Chain Digital Platform Based on Blockchain Technology

Abstract

Purpose: In response to the problems of high production costs, weak comprehensive competitiveness, and incomplete capital chain in the development of enterprises in the international market, this article proposes to apply blockchain technology to the digital platform of the supply chain. By scientifically managing the digital platform, enterprises can reduce production costs and improve their capital chain. Design/methodology/approach: In this long-term economic life, theoretical science and technology are still developing, gradually forming a blockchain-based enterprise supply chain development model. The continuous research on the blockchain theory can provide more convenient services for the supply chain digital platform innovation management. Findings: This article studies the entire supply chain management process through blockchain algorithms and innovative management methods, which can enable enterprises to further develop on the digital platform of supply chain, promote the digital construction of supply chain, and ensure the sustainable development of enterprises. Originality/value: This can reduce the supply chain digital platform innovation management risk of enterprises by more than 60%, as well as reduce the cost of enterprises, which has a more far-reaching impact on the sustainable development of enterprises.

Blockchain in Supply Chain Management: A Systematic Review: Evaluating the Implementation, Challenges, and Future Prospects of Blockchain Technology in Supply Chains

“…The application of blockchain in SCM goes beyond just security and transparency. Xiang and Hou (2023) highlight its role in reducing production costs and improving the capital chain for enterprises. By managing the digital platform of the supply chain scientifically, blockchain enables enterprises to optimize their operations and achieve sustainable growth.…”

“…The integration of blockchain in SCM also facilitates innovation management. As Xiang and Hou (2023) point out, the continuous development of blockchain theory and technology provides more convenient services for the supply chain digital platform, promoting innovation and ensuring sustainable development of enterprises. However, the implementation of blockchain in SCM is not without challenges.…”