Authors : Halida Achmad Bagraff; Nur Kholis; Mugiyati; Fatikhah Ghofi Nabila

Volume/Issue : Volume 9 - 2024, Issue 8 - August

Google Scholar : https://tinyurl.com/2e2wakdw

Scribd : https://tinyurl.com/3w9592th

DOI : https://doi.org/10.38124/ijisrt/IJISRT24AUG1218

Abstract : Supply chain efficiency, transparency, and sustainability can be enhanced using blockchain technology. Blockchain enables a company to accurately track raw material origin to finished products, which ensures standard quality and sustainability. Furthermore, blockchain improves partnerships between supply chain stakeholders by providing a confident, common platform for sharing data. The influence of implementing blockchain technology on supply chain sustainability includes reduced wastage, increased resource transparency, monitoring of social standards, and reduced operational costs. The challenges of blockchain implementation include scalability, incorporation with present systems, lack of expertise, safety and confidentiality, and regulatory uncertainty. Companies can tackle these challenges through collaborative approaches and technical improvements. In general, blockchain technology significantly enhances supply chain sustainability and efficiency, which provides opportunities for creative business solutions.

Keywords : Blockchain Technology; Sustainability; Supply Chain.

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