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Block Chain Supply Chain
Block Chain Supply Chain
Block Chain Supply Chain
ledger. Blockchain has been implemented in several areas like - Crypto-currency, smart contracts, voting etc. The main idea
of blockchain is that it is decentralized and public ledger that anyone can verify. So, It can eliminate activities in the network.
Blockchain in Supply Chain Management: With the globalization, the network of supply chain is growing huge and
complex. In such a network, it is very difficult to manage and track transactions and there is high possibility of fraud and
theft in traditional SCM System. Blockchain has evolved as a disruptive technology in Supply chain industry making SCM
more secured and efficient.
3
Physical Flow: Raw 2
1 Customers can
track the items
Block Chain
from blockchain
Network:
(All Transactions are recorded in Blockchain)