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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM42676

Intergated Blockchain Platform for Supply Chain Information and Financial Transactions (2025)

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM42676

Volume:

9 |

3 |

Mar 2025

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM42676

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.

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Authors

GP

Galala Poojitha

DUR

Dumpa Uttej Reddy

DK

Donkada Karthikeya

GH

Gantala Harini

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Abstract

The supply chain industry encounters numerous challenges in information sharing and financing, including data silos, a lack of transparency, and heightened fraud risks. This paper proposes a blockchain-based supply chain information operation method to address these issues effectively. By leveraging blockchain technology, the paper aims to enable seamless sharing of supply chain information and secure financial transactions. The approach involves developing a blockchain-based supply chain architecture and a hierarchical model of information flow. A method for recording information blocks sourced from internal and external data within the supply chain is proposed, incorporating advanced cryptographic algorithms and consensus mechanisms to ensure data integrity and security. The platform utilizes smart contracts to automate key processes and enforce compliance, minimizing manual intervention and reducing errors. This integrated blockchain platform enhances the connectivity and reconstruction capabilities of supply chain networks, ensuring robust information storage and access control. It also includes innovative supply chain financing solutions, such as secure financial transactions for invoice factoring and letters of credit, facilitated by blockchain technology. This integration fosters trust, reduces fraud risks, and streamlines monetary flows across the supply chain. The project promises a comprehensive business architecture that addresses information sharing and financial transaction challenges in supply chains. It seeks to achieve improved transparency, enhanced security, and operational efficiency for modern supply chain networks.

KEYWORDS

Blockchain Supply chain Transparency Smart Contracts Financing

Cite This Article

Galala Poojitha, Dumpa Uttej Reddy, Donkada Karthikeya, Gantala Harini, "Intergated Blockchain Platform for Supply Chain Information and Financial Transactions (2025)," International Journal of Scientific Research in Engineering and Management, vol. 9, no. 3, Mar 2025. https://doi.org/10.55041/IJSREM42676

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Publication Date

3/22/2025

Peer Review Type

Double-Blind Peer Review

Review Rounds: 2

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5

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The authors declare no conflict of interest related to this research work.

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