Authors: Mahammad Rafeeq, Pavana Kumar H A, Kumarswamy S
Abstract: This study aims to explore the current status, potential applications, and future directions of blockchain technology in supply chain management. A comprehensive literature survey, along with an analytical review, of blockchain-based supply chain research was conducted to better understand the trajectory of related research and shed light on the benefits, issues, and challenges in the blockchain–supply chain paradigm. A selected corpus comprising 106 review articles was analysed to provide a holistic overview of the integration of blockchain and smart contracts into supply chain ecosystems. The findings reveal that blockchain technology has attracted significant attention from researchers, engineers, and industry practitioners due to its potential to revolutionize traditional supply chain operations through decentralized trust, immutable data records, and improved automation. The diverse industrial applications of blockchain span across sectors such as agriculture, pharmaceuticals, automotive, logistics, and food safety, each utilizing blockchain’s capabilities to enhance operational transparency, real-time data sharing, fraud prevention, and regulatory compliance. Four major thematic issues have emerged as pivotal to the future trajectory of blockchain adoption in supply chains: (i) traceability and transparency, which are essential for product authenticity and regulatory adherence; (ii) stakehold.
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