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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM33373
Volume:
8 |
5 |
May 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Blockchain-Based Supply Chain Management is a novel approach to enhancing the transparency, security, and trustworthiness of supply chains. In this study, we explore the design and implementation of a blockchain-based system that enables manufacturers, suppliers, and customers to collaborate seamlessly in tracking and verifying product information. The proposed system leverages blockchain’s inherent features, such as decentralization, tamper-resistance, and transparency, to reduce counterfeiting and build trust in the supply chain. We discuss the architecture and key components of the system, including the role of SQL databases and Metamask wallet integration. Additionally, we highlight the process flow, from manufacturers assigning unique serial numbers to customers verifying product authenticity through QR code scans. [1] This research presents a comprehensive solution for supply chain management, offering potential applications beyond product tracking, including in banking, healthcare, and e-commerce. Blockchain innovations have acquired interest in the course of the most recent years. One of the most talked about issues is currency exchange, but its application is not limited only to Digital currency. so it has the potential to influence different business sectors. Blockchain technology has brought greater transparency and ease in large transactions. We can detect counterfeit goods using blockchain technology. The question that arises when buying any item in today’s world is whether it is fake or not. And the lack of these things has been shown a huge impact on economic progress. Therefore, in order to curb all counterfeit goods, it is important to bring transparency about the goods to the notice of the consumers. The growing presence of counterfeit and unsafe products in the world is a cause for concern and blockchain technology has taken the next step towards its complete annihilation. [2]
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Publication Date
12/31/45419
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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