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 application of blockchain technology in supply chain management to enhance transparency and efficiency in the global trade ecosystem. The research investigates how blockchain can address existing challenges such as lack of transparency, inefficiencies, and trust issues in the supply chain. The study begins with an introduction that provides an overview of the significance of blockchain technology in transforming supply chain operations. It delves into the background of the study, highlighting the growing interest in blockchain adoption and its potential benefits. The problem statement identifies the current limitations and challenges faced by supply chain stakeholders, emphasizing the need for a transparent and efficient system. The objectives of the study focus on exploring the impact of blockchain technology on supply chain transparency and efficiency, while the limitations and scope of the study are outlined to provide a clear understanding of the research boundaries. Chapter two presents a comprehensive literature review covering ten key themes related to blockchain technology and supply chain management. The review includes discussions on the fundamentals of blockchain technology, its applications in supply chain management, and case studies highlighting successful implementations. It also explores the potential challenges and risks associated with blockchain adoption in supply chains. Chapter three outlines the research methodology employed in this study, detailing the research design, data collection methods, and analysis techniques. The chapter discusses the selection criteria for the study sample, data sources, and ethical considerations. It also addresses the limitations of the research methodology and the steps taken to ensure the validity and reliability of the findings. Chapter four presents a detailed analysis of the research findings, focusing on the impact of blockchain technology on supply chain transparency and efficiency. The chapter discusses how blockchain can enhance traceability, reduce fraud, and improve collaboration among supply chain participants. It also examines the potential barriers to blockchain adoption and provides recommendations for overcoming these challenges. Finally, chapter five concludes the thesis by summarizing the key findings and insights gained from the study. The conclusion highlights the significance of blockchain technology in transforming supply chain management practices and emphasizes the need for further research to explore its full potential. The study contributes to the existing body of knowledge by providing valuable insights into the application of blockchain technology for improved transparency and efficiency in supply chains. Keywords Blockchain Technology, Supply Chain Management, Transparency, Efficiency, Traceability, Decentralization.

Thesis Overview

The project titled "Application of Blockchain Technology in Supply Chain Management for Improved Transparency and Efficiency" aims to explore the potential benefits and challenges associated with integrating blockchain technology into supply chain management processes. Blockchain technology, known for its decentralized and secure nature, has gained significant attention in various industries for its ability to enhance transparency, traceability, and efficiency. The research will delve into the current practices and existing challenges within traditional supply chain management systems, highlighting the limitations such as data silos, lack of transparency, and inefficiencies in tracking products throughout the supply chain. By introducing blockchain technology as a potential solution, the study seeks to address these issues and assess how blockchain can revolutionize supply chain operations. The project will include a comprehensive review of relevant literature on blockchain technology, supply chain management, and the intersection of the two fields. This literature review will provide a solid foundation for understanding the theoretical framework and practical implications of implementing blockchain in supply chain management. Moreover, the research methodology will involve a combination of qualitative and quantitative approaches to gather data, analyze case studies, and conduct interviews with industry experts. By employing a rigorous research methodology, the study aims to evaluate the real-world impact of blockchain technology on supply chain transparency and efficiency. The findings of the study are expected to contribute valuable insights into the potential benefits and challenges of adopting blockchain technology in supply chain management. By identifying key success factors, best practices, and potential pitfalls, the research aims to provide guidance for organizations looking to leverage blockchain for improving transparency and efficiency in their supply chain operations. Overall, the project on the "Application of Blockchain Technology in Supply Chain Management for Improved Transparency and Efficiency" seeks to advance knowledge in the field of supply chain management by exploring the transformative potential of blockchain technology and providing practical recommendations for its implementation in real-world supply chain settings.