Thesis Abstract

Abstract
Blockchain technology has emerged as a disruptive innovation with significant potential to transform various industries, including supply chain management. This thesis explores the application of blockchain technology in supply chain management to enhance transparency, traceability, efficiency, and security in the global supply chain ecosystem. The study begins with an introduction to the concept of blockchain technology and its relevance to supply chain management. It then delves into a comprehensive literature review that examines existing research, case studies, and best practices related to blockchain technology in supply chain management. The research methodology section outlines the research design, data collection methods, and analytical techniques employed in this study. Through a mixed-methods approach combining qualitative and quantitative research techniques, the study investigates the impact of blockchain technology on supply chain processes, such as procurement, inventory management, logistics, and quality control. The findings from this research shed light on the benefits, challenges, and opportunities associated with implementing blockchain technology in supply chain management. The discussion of findings chapter presents a detailed analysis of the empirical results, highlighting the key findings, implications, and recommendations for practitioners, policymakers, and researchers. The study reveals that blockchain technology can enhance supply chain transparency, reduce fraud, improve trust among supply chain partners, and streamline operational processes. However, challenges such as scalability, interoperability, data privacy, and regulatory compliance need to be addressed to realize the full potential of blockchain technology in supply chain management. In conclusion, this thesis emphasizes the significance of blockchain technology as a transformative tool for enhancing supply chain efficiency, visibility, and resilience. The study underscores the importance of collaboration, standardization, and continuous innovation to overcome the challenges and maximize the benefits of blockchain technology in supply chain management. By leveraging blockchain technology effectively, organizations can create a more transparent, secure, and sustainable supply chain ecosystem that drives value creation and competitive advantage in the digital economy.

Thesis Overview

The research project titled "Application of Blockchain Technology in Supply Chain Management" aims to investigate the utilization of blockchain technology in enhancing efficiency and transparency within supply chain operations. The project seeks to explore how blockchain can revolutionize traditional supply chain processes by providing a secure, decentralized platform for recording, verifying, and tracking transactions across the supply chain network. The research will delve into the background of blockchain technology, its underlying principles, and its potential applications in supply chain management. By conducting an in-depth literature review, the project will examine existing studies, frameworks, and case studies that highlight the benefits and challenges of implementing blockchain in supply chain operations. Furthermore, the research methodology will involve a combination of qualitative and quantitative approaches to gather data, analyze trends, and evaluate the impact of blockchain technology on supply chain performance metrics such as transparency, traceability, and efficiency. The methodology will also include case studies and interviews with industry experts to gain insights into real-world applications and best practices. The findings of the study will be discussed in detail in chapter four, focusing on the implications of implementing blockchain technology in supply chain management. The discussion will cover key themes such as data security, smart contracts, interoperability, and scalability, highlighting the opportunities and challenges associated with adopting blockchain solutions in supply chain operations. In conclusion, the research will provide a comprehensive analysis of the potential benefits and limitations of integrating blockchain technology into supply chain management practices. By offering insights into the transformative power of blockchain in enhancing transparency, trust, and collaboration across supply chain networks, the project aims to contribute to the growing body of knowledge on blockchain applications in the context of supply chain management.