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Supply chain applications operate in a multi-stakeholder setting, demanding trust, provenance, and transparency. Blockchain technology provides mechanisms to establish a decentralized infrastructure involving multiple stakeholders. Such mechanisms make the blockchain technology ideal for multi-stakeholder supply chain applications. This chapter introduces the characteristics and requirements of the supply chain and explains how blockchain technology can meet the demands of supply chain applications. In particular, this chapter discusses how data and trust management can be established using blockchain technology. The importance of scalability and interoperability in a blockchain-based supply chain is highlighted to help the stakeholders make an informed decision. The chapter concludes by underscoring the design challenges and open opportunities in the blockchain-based supply chain domain.
A variety of innovative software solutions, addressing product anti-counterfeiting and record provenance of the wider supply chain industry, have been implemented. However, these solutions have been developed with centralized system architecture whic
Blockchain offers traceability and transparency to supply chain event data and hence can help overcome many challenges in supply chain management such as: data integrity, provenance and traceability. However, data privacy concerns such as the protect
Innovative solutions addressing product anti-counterfeiting and record provenance have been deployed across todays internationally spanning supply chain networks. These product anti-counterfeiting solutions are developed and implemented with centrali
Supply chain network data is a valuable asset for businesses wishing to understand their ethical profile, security of supply, and efficiency. Possession of a dataset alone however is not a sufficient enabler of actionable decisions due to incomplete
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