Journal ArticleOpen Access
Blockchain Technology in Supply Chain Management Enhancing Transparency and Efficiency
Authors
Author Affiliations
Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology, P.V. Narsimha Rao Telangana Veterinary University, Birla Institute of Technology and Science - Hyderabad Campus, International Islamic University Chittagong, ...
Published InITM Web of Conferences
Year2025
Citations9
Abstract
Blockchain technology, as a growing innovation, offers a viable solution to enhance transparency, traceability, and efficiency in global supply chains. While blockchain has great potential, several challenges remain, including scalability, integration with legacy systems, standardization, energy consumption, privacy concerns, and regulatory uncertainty. This enrollment of data is hoped to tackle these problems of dilemmas, whislt subsequent improved effective equates being more reasonable in terms of deploying blockchain applications. With the goal of offering a bridge to most projects still unsure whether to adopt Blockchain technology or to continue under what we call "Blockchain in the cloud" approach, this study introduces effective solutions on how to integrate Blockchain with current systems through innovative hybrid systems, standardized user protocols, and new consensus…
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