Blockchain Enabled Supply Chain Management | Zendy

R. Anusha | Zendy; A. Angayarkanni | Zendy; R. Gavoury | Zendy

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Blockchain Enabled Supply Chain Management

Author(s) -

R. Anusha,

A. Angayarkanni,

R. Gavoury

Publication year - 2019

Publication title -

international journal of recent technology and engineering (ijrte)

Language(s) - English

Resource type - Journals

ISSN - 2277-3878

DOI - 10.35940/ijrte.d7875.118419

Subject(s) - blockchain , supply chain , supply chain management , section (typography) , business , service management , product (mathematics) , industrial organization , demand chain , supply chain risk management , chain (unit) , commerce , computer science , marketing , computer security , physics , geometry , mathematics , astronomy , advertising

Blockchain technology has the potential to create new avenues for Economic and Social systems. Blockchain enabled supply chain solutions have drastically proven to reduce cost and efficiency in supply chain industry. The complexity of Supply chain management which helps to create and distribute goods is very high. The supply chain spans over numerous stages with long time duration involving different geographical locations and large number of invoices and payments, people and entities based on the nature of the product involved. The blockchains are perceived to bring huge transformations in the current supply chain and logistics industry which are complex and transparent. This paper is organized as Section IIntroduction, Section II-Blockchain in Supply chain, Section IIIElements of Blockchain affecting Supply chain, Section IV-How Blockchain revolutionizes Supply chain, Section VResults,Section V1-Conclusion

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