Blockchain in Supply Chain

Matthew N. O. Sadiku, Chandra M. M. Kotteti, Janet O. Sadiku

International Journal of Advances in Scientific Research and Engineering · 2023 · 17 citations · 8 references

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Abstract

Over the centuries, the preservation of valuable assets has made it necessary to store them in a physical space.A secure storage space has been generated with the blockchain technology.Blockchain is a distributed ledger that does not have a single record database in which all Bitcoin operations are performed.Blockchain's database is the most important feature that makes it safe to be distributed, as the community agrees in all actions through this.The application of blockchain to the supply chain has attracted the attention of many business owners as it can be quickly adapted to dynamic market conditions and in the business environment.In this paper, we introduce the integration of blockchain in supply chain.

References

8