Blockchain Technology: How to Unblock the chain!
Other
Authors | Daniel, J. |
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Abstract | In this short paper, how to unblock the supply chain through Blockchain technology has been introduced. In the news and mass media blockchain is repeatedly named a “game changer” (Johnson, 2018). Then Blockchain benefits are discussed and I have illustrated how blockchain works. Blockchain technology would resolve the problem of immutable ledgers distributed to many businesses in the supply chain. Currently, customers are demanding details for transactions and the source of the manufactured products, including raw materials, suppliers, etc. Track and trace of all kinds of transactions would create an efficient supply chain for businesses with more transparency and security. Therefore, there are lots of opportunities to adopt blockchain technology in the supply chain (Daniel, 2021). |
Keywords | Blockchain Technology; Supply Chain; Distributed database / ledger |
Year | 2022 |
Publisher | China-Britain Business Council |
Web address (URL) | https://mailchi.mp/cbbc/amt-mailer-april-2022?e=%5bUNIQID%5d |
Output status | Published |
Publication dates | |
Online | 2022 |
Publication process dates | |
Deposited | 17 May 2022 |
https://repository.derby.ac.uk/item/96w11/blockchain-technology-how-to-unblock-the-chain
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