What is it about?

Blockchain technology is fast evolving and rapidly expanding. It is considered to be a disruptive technology and a lot of potential in global supply chain management. This paper highlights the imperative role of blockchain technology that has created a discourse in the world of innovation and technology. This work will help academics to further the understanding of blockchain technology. Blockchain technology will provide transparency to consumers.

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Why is it important?

The paper provides the potential in SCM and likely improvements in efficiency in dealing with financial frauds, counterfeit product, tracability, eacy of reconcilliation etc.

Perspectives

Blockchain appears to the a layer of security which will become common to business transactions like a buit-in anti-virus tools.

Dr. Amulya Gurtu
Austin E. Cofrin School of Business, University of Wisconsin Green Bay

Read the Original

This page is a summary of: Potential of blockchain technology in supply chain management: a literature review, International Journal of Physical Distribution & Logistics Management, November 2019, Emerald,
DOI: 10.1108/ijpdlm-11-2018-0371.
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