Thesis Abstract

Abstract
This thesis investigates the implementation of blockchain technology in supply chain management to enhance transparency and efficiency within the business ecosystem. The study aims to address the challenges faced by traditional supply chain systems, such as lack of transparency, inefficiencies, and data inaccuracies, by leveraging blockchain technology. The research methodology includes a comprehensive literature review, data collection, and analysis to explore the potential benefits and limitations of integrating blockchain technology into supply chain management practices. The introduction provides an overview of the research problem, emphasizing the importance of transparency and efficiency in modern supply chains. The background of the study discusses the evolution of supply chain management and the emergence of blockchain technology as a disruptive innovation in the field. The problem statement identifies the gaps and issues in traditional supply chain systems that blockchain technology can potentially address. The objectives of the study outline the specific goals and outcomes aimed to be achieved through the research. The literature review encompasses ten key areas, including the fundamentals of blockchain technology, its applications in supply chain management, case studies of successful implementations, challenges, and opportunities. This section provides a comprehensive understanding of the theoretical underpinnings and practical implications of integrating blockchain into supply chain processes. The research methodology section details the approach taken to investigate the research questions, including data collection methods, sampling techniques, data analysis procedures, and ethical considerations. The study utilizes both qualitative and quantitative research methods to gather insights from industry experts, supply chain professionals, and blockchain technology specialists. The findings from the research reveal the potential benefits of implementing blockchain technology in supply chain management, such as increased transparency, enhanced traceability, reduced fraud, and improved operational efficiency. The discussion of findings critically analyzes the implications of the research results and their relevance to existing literature and industry practices. In conclusion, the study highlights the significance of blockchain technology in transforming traditional supply chain management practices and emphasizes the importance of transparency and efficiency in modern business operations. The thesis contributes to the existing body of knowledge by providing valuable insights and recommendations for organizations looking to adopt blockchain technology in their supply chain processes. Keywords Blockchain Technology, Supply Chain Management, Transparency, Efficiency, Innovation, Data Integrity.

Thesis Overview

The project titled "Implementation of Blockchain Technology in Supply Chain Management for Improved Transparency and Efficiency" focuses on the utilization of blockchain technology to enhance transparency and efficiency in supply chain management processes. In recent years, supply chains have become increasingly complex, involving multiple stakeholders, intricate networks, and vast amounts of data. Traditional supply chain management systems face challenges such as lack of transparency, data silos, inefficiencies, and vulnerability to fraud and errors. Blockchain technology offers a promising solution to address these challenges by providing a decentralized, secure, and transparent platform for recording and verifying transactions across the supply chain. By implementing blockchain technology, organizations can establish a single source of truth, streamline processes, improve traceability, enhance security, and foster trust among stakeholders. This research aims to investigate the potential benefits and challenges of implementing blockchain technology in supply chain management. The study will explore how blockchain can be integrated into existing supply chain systems, the impact of blockchain on transparency and efficiency, and the implications for various stakeholders within the supply chain ecosystem. Key areas of focus in this research include: 1. Understanding the current state of supply chain management and the challenges faced in terms of transparency and efficiency. 2. Exploring the capabilities of blockchain technology and its relevance to supply chain management. 3. Analyzing case studies and examples of successful blockchain implementations in supply chains. 4. Examining the potential benefits of blockchain technology, such as improved traceability, reduced fraud, enhanced data integrity, and increased operational efficiency. 5. Identifying the key considerations and challenges associated with implementing blockchain in supply chain management, including technical, regulatory, and organizational barriers. 6. Proposing recommendations and best practices for organizations looking to adopt blockchain technology in their supply chain processes. By conducting a comprehensive research overview on the implementation of blockchain technology in supply chain management, this study aims to contribute valuable insights and recommendations for organizations seeking to leverage blockchain to enhance transparency and efficiency in their supply chain operations.