Thesis Abstract

Abstract
In recent years, the integration of blockchain technology in various sectors has shown immense potential for enhancing transparency and traceability. This thesis investigates the application of blockchain technology in supply chain management to improve transparency and traceability. The primary objective of this study is to assess how blockchain technology can address the challenges faced in traditional supply chain systems and to explore the benefits it offers in terms of transparency and traceability. The research methodology employed in this study includes a comprehensive literature review to understand the current state of supply chain management, the principles of blockchain technology, and previous studies on blockchain applications in supply chains. Additionally, empirical data is collected through interviews and case studies to analyze real-world implementations of blockchain in supply chain management. Chapter 1 provides an introduction to the research topic, background of the study, problem statement, objectives, limitations, scope, significance of the study, structure of the thesis, and definition of terms. Chapter 2 presents a thorough literature review on blockchain technology, supply chain management, transparency, and traceability in supply chains. Chapter 3 outlines the research methodology used in this study, including data collection methods, sampling techniques, data analysis procedures, and ethical considerations. It also discusses the theoretical framework guiding the research and the rationale behind the chosen research design. Chapter 4 delves into a detailed discussion of the findings obtained from the empirical research, case studies, and interviews. The chapter explores how blockchain technology can enhance transparency and traceability in supply chain operations, reduce fraud and errors, improve data security, and streamline processes. Chapter 5 concludes the thesis by summarizing the key findings, discussing the implications of the research, and providing recommendations for future research and practical applications. The study concludes that the implementation of blockchain technology in supply chain management can indeed lead to improved transparency and traceability, fostering trust among stakeholders and enhancing overall supply chain efficiency. This thesis contributes to the existing literature by providing insights into the practical applications of blockchain technology in supply chain management and highlighting its potential to revolutionize traditional supply chain processes. The findings of this study can guide organizations in adopting blockchain solutions to achieve greater transparency, traceability, and efficiency in their supply chain operations.

Thesis Overview

The project titled "Implementation of Blockchain Technology in Supply Chain Management for Improved Transparency and Traceability" aims to explore the application of blockchain technology in enhancing transparency and traceability in supply chain management. In recent years, supply chains have become increasingly complex, involving multiple stakeholders and intricate networks of transactions. However, traditional supply chain systems often lack transparency, making it difficult to track the flow of goods and information accurately. This lack of transparency can lead to inefficiencies, delays, and even fraudulent activities within the supply chain. Blockchain technology offers a decentralized and secure way to record transactions and track assets across a supply chain network. By leveraging blockchain technology, organizations can create an immutable and transparent ledger of transactions that can be accessed and verified by all authorized parties in real-time. This can help improve the visibility of goods as they move through the supply chain, enabling stakeholders to trace the origins of products, verify their authenticity, and ensure compliance with regulations. The research will delve into the key concepts of blockchain technology and its potential applications in supply chain management. It will explore how blockchain can enhance transparency by providing a shared and tamper-proof record of transactions, thereby reducing the risk of fraud and errors in the supply chain. The study will also investigate the role of blockchain in improving traceability by enabling the tracking of products at every stage of the supply chain, from sourcing to delivery. Furthermore, the research will examine the challenges and limitations of implementing blockchain technology in supply chain management, such as scalability issues, interoperability concerns, and data privacy risks. Strategies and best practices for overcoming these challenges will be explored to provide practical insights for organizations looking to adopt blockchain in their supply chain operations. Overall, the project aims to contribute to the existing body of knowledge on blockchain technology and supply chain management by offering a comprehensive overview of the benefits, challenges, and opportunities associated with its implementation. By enhancing transparency and traceability in supply chains, organizations can build trust among stakeholders, improve operational efficiency, and ensure the integrity of their products and processes.