Thesis Abstract

Abstract
Blockchain technology has emerged as a disruptive innovation with the potential to revolutionize various industries, including supply chain management. This thesis explores the implementation of blockchain technology in supply chain management to enhance transparency and efficiency. The research aims to investigate how blockchain can address the challenges faced in traditional supply chain systems and provide a secure and transparent platform for managing supply chain operations. The study begins with an introduction to the significance of blockchain technology in supply chain management, highlighting its potential benefits such as increased transparency, enhanced traceability, reduced fraud, and improved efficiency. The background of the study provides a comprehensive overview of the current challenges in supply chain management and the limitations of existing systems that blockchain technology can address. The problem statement identifies the gaps in traditional supply chain processes, including data silos, lack of transparency, inefficiencies, and vulnerabilities to fraud and errors. The objectives of the study focus on exploring how blockchain technology can mitigate these challenges and improve supply chain operations. The research methodology outlines the approach taken to investigate the implementation of blockchain in supply chain management, including data collection methods, analysis techniques, and case studies. The literature review delves into existing studies and research on blockchain technology in supply chain management, examining the potential applications, benefits, and challenges associated with its adoption. Key themes explored include supply chain transparency, data security, trust, decentralization, smart contracts, and interoperability. The findings of the study reveal the potential of blockchain technology to enhance transparency and efficiency in supply chain management through features such as immutable record-keeping, real-time tracking, automated workflows, and secure data sharing. The discussion of findings analyzes the implications of implementing blockchain in supply chain operations, including the benefits, challenges, and best practices for successful adoption. In conclusion, this thesis underscores the transformative impact of blockchain technology on supply chain management, offering a secure and transparent framework for optimizing operations, reducing costs, and enhancing trust among supply chain stakeholders. The research contributes to the growing body of literature on blockchain applications in supply chain management and provides practical insights for organizations looking to leverage this technology for improved transparency and efficiency.

Thesis Overview

The project titled "Implementation of Blockchain Technology in Supply Chain Management for Improved Transparency and Efficiency" aims to investigate the potential benefits of integrating blockchain technology into supply chain management processes. This research seeks to address the challenges faced by traditional supply chain systems, such as lack of transparency, inefficiencies, and data inaccuracies. By leveraging blockchain technology, which provides a decentralized and secure platform for recording and verifying transactions, this study aims to enhance transparency and efficiency within supply chains. The research will begin with a comprehensive literature review to explore the current state of supply chain management, the role of blockchain technology in enhancing transparency and efficiency, and existing studies on the implementation of blockchain in supply chains. This review will provide a theoretical framework for understanding the key concepts and principles that underpin the integration of blockchain in supply chain management. Subsequently, the research will focus on the methodology used to investigate the implementation of blockchain technology in supply chain management. This will involve the selection of appropriate research methods, data collection techniques, and analysis procedures to evaluate the impact of blockchain on supply chain transparency and efficiency. The methodology will also consider the potential challenges and limitations of implementing blockchain technology in real-world supply chain environments. The findings of this research will be presented in detail in the discussion section, which will analyze the results obtained from the implementation of blockchain technology in supply chain management. This analysis will highlight the key findings, insights, and implications of integrating blockchain into supply chain processes. The discussion will also compare and contrast the outcomes with existing literature and industry practices to provide a comprehensive understanding of the benefits and limitations of blockchain technology in enhancing transparency and efficiency in supply chains. Finally, the research will conclude with a summary of the key findings, implications for practice, and recommendations for future research. The conclusion will highlight the significance of implementing blockchain technology in supply chain management and its potential impact on improving transparency, efficiency, and overall supply chain performance. Overall, this research aims to contribute to the existing body of knowledge on blockchain technology and supply chain management, providing valuable insights for practitioners, researchers, and policymakers in the field.