Implementation of Blockchain Technology in Supply Chain Management

Thesis Abstract

Abstract
Blockchain technology has gained significant attention in recent years due to its potential to revolutionize various industries, including supply chain management. This thesis explores the implementation of blockchain technology in supply chain management and its impact on enhancing transparency, traceability, and efficiency in the global supply chain. The study begins with a comprehensive introduction to blockchain technology, followed by an in-depth literature review highlighting the key concepts and theories related to blockchain in supply chain management. The research methodology section outlines the approach taken to investigate the implementation of blockchain technology in supply chain management, including data collection methods, data analysis techniques, and research limitations. The findings from the study reveal the benefits and challenges of implementing blockchain technology in supply chain management, such as improved transparency, reduced fraud, enhanced trust among stakeholders, and streamlined processes. The discussion of findings section critically analyzes the implications of blockchain technology on supply chain management practices, highlighting the potential opportunities for innovation and improvement. The study concludes with a summary of key findings and recommendations for future research and practical implementation of blockchain technology in supply chain management. Overall, this thesis contributes to the existing literature by providing a comprehensive analysis of the implementation of blockchain technology in supply chain management and its potential to transform the way supply chains operate in the digital age. The findings of this study provide valuable insights for practitioners, policymakers, and researchers interested in leveraging blockchain technology to enhance transparency and efficiency in supply chain management practices.