Utilizing Blockchain Technology for Supply Chain Management in Small Businesses

Thesis Abstract

Abstract
Blockchain technology has garnered significant attention in recent years due to its potential to revolutionize various industries, including supply chain management. This thesis explores the application of blockchain technology in improving supply chain management processes for small businesses. The study investigates the challenges faced by small businesses in managing their supply chains efficiently and how blockchain technology can address these challenges. The research methodology employed includes a comprehensive literature review, case studies, and expert interviews to gather insights on the benefits and limitations of implementing blockchain technology in small business supply chains. Chapter One provides an introduction to the research topic, discussing the background of the study, problem statement, objectives, limitations, scope, significance, and the structure of the thesis. Chapter Two presents a detailed literature review on blockchain technology, supply chain management, and their intersection in the context of small businesses. The chapter synthesizes existing knowledge and identifies key themes and trends in the field. Chapter Three outlines the research methodology, including research design, data collection methods, sampling techniques, data analysis procedures, and ethical considerations. The chapter also discusses the selection criteria for case studies and expert interviews, highlighting the rationale behind the chosen approach. Chapter Four presents the findings of the study, analyzing the impact of blockchain technology on supply chain management in small businesses. The chapter discusses the key benefits of blockchain adoption, such as increased transparency, traceability, and efficiency in supply chain operations. It also addresses the challenges and limitations of implementing blockchain technology in small business supply chains. Chapter Five concludes the thesis by summarizing the key findings, discussing the implications for practice, and suggesting areas for future research. The study contributes to the existing literature by providing insights into the potential of blockchain technology to transform supply chain management practices in small businesses. Overall, this research aims to inform small business owners, policymakers, and researchers about the benefits and challenges of adopting blockchain technology in supply chain management.