Blockchain technology is revolutionizing various industries, and supply chain management is no exception. The digital supply chain management sector has started to explore the potential applications of blockchain technology due to its ability to ensure transparency, security, and efficiency. Blockchain can provide a decentralized platform that ensures secure data exchange in real-time, thus improving operational efficiency.
The role of blockchain in digital supply chain management is multifaceted. It primarily aids in creating transparency across the entire supply chain network. Every transaction made within the system is recorded on a block and across multiple copies of the ledger that are distributed … Read More...
