Transforming Supply Chains: A Blockchain Technology Analysis
VerifiedAdded on 2023/03/23
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AI Summary
This research report investigates the transformative potential of blockchain technology within supply chain management. The study explores blockchain's significance, potential disruptions, and its impact on various supply chain activities. The research, based on literature review and expert interviews, highlights the benefits of blockchain, including enhanced transparency, improved audit trails, increased security, and greater efficiency leading to cost reductions. It also identifies the perceived drawbacks of blockchain adoption and concludes by emphasizing the value of blockchain technology in modernizing supply chain practices. The research also identifies limitations and exposes areas that researchers can search for further information.
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