TY - CHAP
T1 - New era in the supply chain management with blockchain
T2 - A survey
AU - Alvarado, Jesus
AU - Halgamuge, Malka N.
PY - 2019/6/30
Y1 - 2019/6/30
N2 - The results show that transparency and auditability, security and indelibility, and distribution and sustainability are the key attributes of blockchain-based solutions in 56% of the articles reviewed. These three aspects represent the foundation of blockchain technologies which may contribute positively to improve supply management processes. Moreover, immutability, tracking and tracing, and smart contracts are also included in nearly a third of the cases. Moreover, efficiencies and costs through this technology would reduce the costs in payment of intermediaries, reduce paperwork, and help in the shipment of physical documents. Supply chain plays a critical role in the global trade and urgently needs to reassess its models in searching for greater efficiencies. Moreover, better results in visibility across the chain will increase trust for the customers and all interested parties. Secure transactions, strong security mechanisms that prevent fraud and illegal practices, could be achieved through the blockchain.
AB - The results show that transparency and auditability, security and indelibility, and distribution and sustainability are the key attributes of blockchain-based solutions in 56% of the articles reviewed. These three aspects represent the foundation of blockchain technologies which may contribute positively to improve supply management processes. Moreover, immutability, tracking and tracing, and smart contracts are also included in nearly a third of the cases. Moreover, efficiencies and costs through this technology would reduce the costs in payment of intermediaries, reduce paperwork, and help in the shipment of physical documents. Supply chain plays a critical role in the global trade and urgently needs to reassess its models in searching for greater efficiencies. Moreover, better results in visibility across the chain will increase trust for the customers and all interested parties. Secure transactions, strong security mechanisms that prevent fraud and illegal practices, could be achieved through the blockchain.
UR - https://www.igi-global.com/gateway/book/218590
U2 - 10.4018/978-1-5225-9078-1.ch001
DO - 10.4018/978-1-5225-9078-1.ch001
M3 - Chapter (peer-reviewed)
SN - 9781522590781
T3 - Advances in logistics, operations, and management science (ALOMS)
SP - 1
EP - 37
BT - Industry 4.0 and hyper-customized smart manufacturing supply chains
A2 - Ponnambalam, S G
A2 - Subramanian, Nachiappan
A2 - Tiwari, Manoj Kumar
A2 - Yusoff, Wan Azhar Wan
PB - IGI Global
CY - Hershey PA, USA
ER -