Utilizing Blockchain Technology for Supply Chain Management in Small Businesses

Thesis Abstract

Abstract
Blockchain technology has gained significant attention for its potential to revolutionize various industries, including supply chain management. This thesis explores the utilization of blockchain technology in enhancing supply chain management practices within small businesses. The study aims to investigate the benefits, challenges, and implications of implementing blockchain technology in small business supply chains. The research begins with a comprehensive introduction to the topic, providing background information on blockchain technology and its relevance to supply chain management. The problem statement highlights the inefficiencies and vulnerabilities present in traditional supply chain systems, emphasizing the need for innovative solutions such as blockchain technology. The objectives of the study are outlined to guide the research process, focusing on exploring the impact of blockchain technology on supply chain efficiency, transparency, and security in small businesses. Limitations and scope of the study are identified to clarify the boundaries and constraints within which the research will be conducted. The significance of the study is discussed, emphasizing the potential contributions to the field of entrepreneurship and supply chain management. The structure of the thesis is outlined to provide a roadmap for the reader, detailing the organization of chapters and sub-sections. Additionally, key terms and concepts related to blockchain technology and supply chain management are defined to ensure clarity and understanding throughout the thesis. A thorough literature review is conducted in Chapter Two, examining existing research and case studies on blockchain technology and supply chain management in small businesses. The review highlights the current trends, challenges, and opportunities in this area, providing a foundation for the research analysis. Chapter Three presents the research methodology employed in this study, including data collection methods, sampling techniques, and data analysis procedures. The chapter details the research design, population, sample size, and data collection instruments used to gather and analyze data on the utilization of blockchain technology in small business supply chains. Chapter Four presents the findings of the study, analyzing the impact of blockchain technology on supply chain management practices in small businesses. The discussion explores the benefits of blockchain adoption, challenges faced by small businesses, and implications for future research and practice. The findings are presented in detail, supported by empirical evidence and analysis. Finally, Chapter Five offers a comprehensive conclusion and summary of the thesis, highlighting the key findings, implications, and recommendations for future research and practice. The conclusion reflects on the research objectives, discussing the contributions of the study to the field of entrepreneurship and supply chain management. In conclusion, this thesis provides valuable insights into the utilization of blockchain technology for enhancing supply chain management practices in small businesses. The findings offer practical recommendations for small business owners, policymakers, and researchers interested in leveraging blockchain technology to improve supply chain efficiency, transparency, and security.