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Blockchain-Powered Security and Transparency in Supply Chain: Exploring Traceability and Authenticity through Smart Contracts

by Nawrin Afrin, Abhijit Pathak
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International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 185 - Number 49
Year of Publication: 2023
Authors: Nawrin Afrin, Abhijit Pathak
10.5120/ijca2023923318

Nawrin Afrin, Abhijit Pathak . Blockchain-Powered Security and Transparency in Supply Chain: Exploring Traceability and Authenticity through Smart Contracts. International Journal of Computer Applications. 185, 49 ( Dec 2023), 5-15. DOI=10.5120/ijca2023923318

@article{ 10.5120/ijca2023923318,
author = { Nawrin Afrin, Abhijit Pathak },
title = { Blockchain-Powered Security and Transparency in Supply Chain: Exploring Traceability and Authenticity through Smart Contracts },
journal = { International Journal of Computer Applications },
issue_date = { Dec 2023 },
volume = { 185 },
number = { 49 },
month = { Dec },
year = { 2023 },
issn = { 0975-8887 },
pages = { 5-15 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume185/number49/33020-2023923318/ },
doi = { 10.5120/ijca2023923318 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-07T01:29:11.818335+05:30
%A Nawrin Afrin
%A Abhijit Pathak
%T Blockchain-Powered Security and Transparency in Supply Chain: Exploring Traceability and Authenticity through Smart Contracts
%J International Journal of Computer Applications
%@ 0975-8887
%V 185
%N 49
%P 5-15
%D 2023
%I Foundation of Computer Science (FCS), NY, USA
Abstract

Blockchain technology has emerged as a revolutionary force in reshaping supply chain management, providing innovative solutions to age-old security, transparency, traceability, and authenticity challenges. This research paper delves into the intricate relationship between blockchain technology and supply chain management, specifically emphasizing its role in enhancing traceability and ensuring authenticity, particularly in the context of smart contracts. Through the decentralized and secure storage of data in an immutable ledger, blockchain technology transforms supply chain operations, effectively mitigating risks and fostering accountability. This paper, informed by a comprehensive literature review and real-world case studies, illustrates the myriad applications and tangible benefits of blockchain technology in supply chain management, focusing on the traceability and authenticity of smart contracts. By exploring the critical role of blockchain in enhancing traceability, the research demonstrates how it enables end-to-end visibility into the movement of goods. Moreover, the paper investigates how blockchain ensures the authenticity of smart contracts by creating tamper-resistant and verifiable digital records. The findings underscore the considerable advancements in supply chain security and transparency achieved through blockchain adoption, specifically in the domain of smart contracts. This paper contributes to a nuanced understanding of the transformative power of blockchain in the realm of supply chain management, with a specific focus on the traceability and authenticity of smart contracts. It highlights the potential of blockchain technology to shape the future of global trade, providing a foundation for further exploration and implementation in the evolving landscape of supply chain dynamics.

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Index Terms

Computer Science
Information Sciences

Keywords

Blockchain Technology Supply Chain Management (SCM) Security Authenticity Traceability Smart Contracts Immutable Ledger.

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