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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Blockchain for Transparency and Traceability in Supply Chains

Blockchain for Transparency and Traceability in Supply Chains
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Author(s): Monika Kumari (Poornima University, Jaipur, India), Rajat Kumawat (Vivekananda Global University, India & Sunstone Education Technology Pvt. Ltd., India), Monika Tripathi (Poornima University, Jaipur, India), K. Suganthi (SRM Institute of Science and Technology, Chengalpattu, India), Nikhil Kumar Goyal (Noida International University, Greater Noida, India)and Mohammed Firdos Alam Sheikh (Poornima University, Jaipur, India)
Copyright: 2026
Pages: 30
Source title: Maximizing Operational Efficiency at the Intersection of Supply Chain Management and Marketing
Source Author(s)/Editor(s): Muhammad Rahies Khan (Bahria University, Karachi, Pakistan), Tarique Mehmood (Bahria University, Karachi, Pakistan)and Muhammad Rashid Rao (Bahria University, Karachi, Pakistan)
DOI: 10.4018/979-8-3373-3109-6.ch002

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Abstract

This chapter examines the possibility of the blockchain to transform the way a supply chain is, by making information accessible, transparent and audit friendly between manufacturers, suppliers, distributors and ultimate consumers in real-time. It explores core concepts of the blockchain or what is called as a distributed consensus, smart contracts, and cryptographic security and shows how these capabilities enable organizations to track and document the origin, authenticity, and condition of products, goods and materials, all the way to the point of sale.moreover, the chapter discusses the implementation of blockchain in such fields as food safety, pharmacy, luxury trading, and logistics mentioning the practical examples of the industrial giants such as Walmart, IBM and Maersk. The combination of blockchains with emerging technology such as edge computing and IoT is also analyzed as a possibility of offering sensor based tracking and automatized updates.

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