Evaluation of Digital Supply Chain Management with Help of Blockchain

Ananya Ganguly, Gourab Das

ABSTRACT Blockchain, by architectural and behavioral which is a distributed, decentralized open ledger or database. It is linked with each other using the cryptographic hash value. Blockchain technology is more secure than other database systems due to its transparent and distributed nature and it starts its journey from bitcoin. Blockchain security is a more reliable and prospective part of our future life, it is now utilized in different areas like supply chain management. The digital supply chain meets customer demand, customer needs as well as shared them effectively. Here the product and service deliveries must maintain transparency and should be tracked to provide visibility in the supply chain. Companies operating in supply chains as an established process and data integration is done through the specialized intermediate companies, with the company-specific data for various organizations and systems. This paper investigates the requirements and functionalities of supply chain management. We explain how supply chain integration through the blockchain technology and how it can achieve disruptive transformation in digital supply chains and networks. Keywords: Blockchain, Supply Chain Management, Miners, smart contract, B2B, Digital Supply Chain.

Title:	Evaluation of Digital Supply Chain Management with Help of Blockchain
Author Name:	Ananya Ganguly, Gourab Das
Abstract:	ABSTRACT Blockchain, by architectural and behavioral which is a distributed, decentralized open ledger or database. It is linked with each other using the cryptographic hash value. Blockchain technology is more secure than other database systems due to its transparent and distributed nature and it starts its journey from bitcoin. Blockchain security is a more reliable and prospective part of our future life, it is now utilized in different areas like supply chain management. The digital supply chain meets customer demand, customer needs as well as shared them effectively. Here the product and service deliveries must maintain transparency and should be tracked to provide visibility in the supply chain. Companies operating in supply chains as an established process and data integration is done through the specialized intermediate companies, with the company-specific data for various organizations and systems. This paper investigates the requirements and functionalities of supply chain management. We explain how supply chain integration through the blockchain technology and how it can achieve disruptive transformation in digital supply chains and networks. Keywords: Blockchain, Supply Chain Management, Miners, smart contract, B2B, Digital Supply Chain.
Cite this article:	Ananya Ganguly, Gourab Das , " Evaluation of Digital Supply Chain Management with Help of Blockchain " , International Journal of Application or Innovation in Engineering & Management (IJAIEM), Volume 9, Issue 8, August 2020 , pp. 001-005 , ISSN 2319 - 4847.
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