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Blockchain Enhancing Supply Chain Transparency

The document discusses the role of blockchain technology in enhancing transparency within supply chains, addressing challenges such as inefficiency, lack of transparency, and fraud. It highlights key features of blockchain, including decentralization, immutability, transparency, and security, while providing real-world examples from Walmart, Maersk, and IBM Food Trust. Additionally, it outlines challenges to blockchain adoption, such as scalability, regulatory concerns, standardization, and cost.

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12213126
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8 views10 pages

Blockchain Enhancing Supply Chain Transparency

The document discusses the role of blockchain technology in enhancing transparency within supply chains, addressing challenges such as inefficiency, lack of transparency, and fraud. It highlights key features of blockchain, including decentralization, immutability, transparency, and security, while providing real-world examples from Walmart, Maersk, and IBM Food Trust. Additionally, it outlines challenges to blockchain adoption, such as scalability, regulatory concerns, standardization, and cost.

Uploaded by

12213126
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

BLOCKCHAIN FOR

SUPPLY CHAIN TRANSPARENCY

Presentation by -
Rani
Subsection - IT-B7
Roll No. - 12213126
SUPPLY CHAIN
• A supply chain is a network
between a company and its
suppliers to produce and distribute
a desired product to the final buyer.

• Involves procurement, product


development, sourcing, production
and logistics of raw materials and
finished goods from one place to
another. [1
]
CHALLENGES IN TRADITIONAL
SUPPLY CHAINS

Lack of Fraud and


Inefficiency
Transparency Counterfeiting

Information often kept Paper-based processes


separate by different and manual tracking lead Difficulty tracing the
groups, making it hard to delays and human authenticity of products.
for everyone to see the errors.
full picture.
| BLOCKCHAI
N
1 Decentralization

KEY 2 Immutabilit
FEATURE y
S 3 Transparenc
y
4 Security
How Blockchain Enhances
Transparency in Supply Chain

Enhanced Efficient Inventory


Traceability Management

Fraud
Reduction
Real World Examples of
[2
Blockchain Implementation in]
Supply Chain
Walmart and
IBM Food Trust Everledge
maersk
r
Walmart and Maersk have IBM Food Trust uses Everledger uses blockchain to
implemented blockchain to blockchain to track and trace track the provenance of
improve transparency and the origin of food products, diamonds, reducing the risk of
efficiency in their supply chain ensuring food safety and counterfeit diamonds in the
operations reducing waste. market.
CHALLENGES TO ADOPTION

Scalability Regulatory
Concerns

Standardization Cost
REFERENC
ES
[1] : [Link]
chain-management/

[2] : [Link]
in-supply-chain-management-enhancing-transparency-and-
security/266365696
ANY
QUESTIONS?
THANK
YOU!

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