Vol.6 No.1 (Jan-June 2018)
Vol.6 No.1 (Jan-June 2018)
Authors: Dr. Alexander William Frederick
Abstract: Blockchain technology, renowned for its decentralized and immutable nature, offers a promising solution to address the inherent challenges of traditional supply chain management. This research explores the potential of blockchain-based systems in enhancing security, transparency, and efficiency across various supply chain stages. By leveraging blockchain's distributed ledger technology, we propose a framework that enables secure data sharing, real-time tracking, and provenance verification of products. This approach aims to mitigate risks associated with counterfeit goods, supply chain disruptions, and lack of traceability, ultimately fostering trust and confidence among stakeholders.
Keywords: Blockchain technology, Supply chain management, Distributed ledger technology, Counterfeit goods
International Journal of Applied Pattern Recognition, 2018 Vol.6 No.1, pp.1-35
Received: 11 Nov 2017
Accepted: 15 Dec 2017
Published online: 25 Jan 2018