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How Can Blockchain Transform Supply Chain?

   

Added on  2023-03-23

17 Pages857 Words50 Views
HOW CAN BLOCK CHAIN TRANSFORM SUPPLY CHAIN?
NAME OF STUDENT
NAME OF INSTRUCTOR
NAME OF INSTITUTION
COUSE CODE
DATE

Executive
summary
The research explores how
block chain technology will
transform supply chain
activities. The research
questions include,
1.How important is block chain
technology to supply chain?
2.Which supply chain activities
are prone to disruption?

Introduction
Block chain technology is the most disruptive technology in the
business world (Anand, 2019).
The various changes include, bitcoins, smart contracts and smart
contracts.
Block chain technology offers high security for data, which has
increased the rate of adoption to financial and supply chain activities.

Literature
Block chain is a peer-to-peer distributed network with cryptographic
security and very difficult to change thus offering high security
(Hassani, 2018).
Block chain exists in the form of encoded digital ledgers stored on
multiple computers connected to,
1. public networks
2. private networks.

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