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 optimizing supply chain operations and enhancing transparency, traceability, and security throughout the supply chain. The research investigates the benefits and challenges of implementing blockchain in supply chain management and provides insights into the implications for businesses and stakeholders. The study begins with an examination of the theoretical background of blockchain technology and its relevance to supply chain management. It identifies the current challenges faced by traditional supply chain systems and highlights the potential of blockchain to address these challenges through its decentralized, immutable, and transparent nature. Through a comprehensive literature review, the thesis explores key concepts, theories, and existing studies related to blockchain technology in supply chain management. The review covers topics such as blockchain architecture, smart contracts, supply chain visibility, provenance tracking, and data security. The research methodology section outlines the approach taken to investigate the application of blockchain in supply chain management. It includes details on data collection methods, research design, data analysis techniques, and case study selection criteria. The methodology aims to provide a robust framework for evaluating the impact of blockchain technology on supply chain operations. The findings of the study reveal the potential benefits of implementing blockchain technology in supply chain management, including increased transparency, reduced fraud, improved data accuracy, and enhanced trust among stakeholders. However, the research also identifies challenges such as scalability, interoperability, regulatory concerns, and implementation costs that need to be addressed for successful adoption of blockchain in supply chains. The discussion section delves into the implications of the research findings and explores the practical considerations for businesses looking to adopt blockchain technology in their supply chain operations. It highlights the importance of collaboration, standardization, and education in overcoming barriers to blockchain implementation and maximizing its potential for supply chain optimization. In conclusion, this thesis provides a comprehensive analysis of the application of blockchain technology in supply chain management. It offers valuable insights for practitioners, researchers, and policymakers seeking to leverage blockchain technology to transform supply chain operations and drive innovation in the industry. The study contributes to the growing body of knowledge on blockchain technology and its strategic implications for supply chain management.

Thesis Overview

The project titled "Application of Blockchain Technology in Supply Chain Management" aims to explore the integration of blockchain technology in enhancing supply chain management practices. The research seeks to investigate how blockchain can revolutionize traditional supply chain processes by providing transparency, security, and efficiency. By leveraging the decentralized nature of blockchain, supply chain stakeholders can collaborate in a trustless environment, leading to improved visibility and traceability of goods across the supply chain network. The research will delve into the background of blockchain technology, its fundamental principles, and its potential applications in supply chain management. It will critically examine the challenges faced by traditional supply chains, such as lack of transparency, data silos, counterfeiting, and inefficiencies, and propose how blockchain can address these issues. Through a comprehensive literature review, the project will analyze existing studies, frameworks, and case studies related to the adoption of blockchain in supply chain management. By synthesizing this information, the research aims to identify key trends, benefits, and challenges associated with implementing blockchain technology in the supply chain context. The methodology section of the research will outline the research design, data collection methods, and analysis techniques employed to investigate the research questions and hypotheses. It will detail how primary and secondary data will be gathered, analyzed, and interpreted to draw meaningful insights into the application of blockchain technology in supply chain management. The findings and discussion section will present the results of the research, highlighting the impact of blockchain technology on various aspects of supply chain management, such as transparency, traceability, security, and efficiency. It will explore real-world examples of organizations that have successfully implemented blockchain solutions in their supply chains and discuss the challenges and opportunities associated with such implementations. Ultimately, the research aims to provide valuable insights and recommendations for supply chain professionals, policymakers, and researchers interested in leveraging blockchain technology to optimize supply chain operations. By shedding light on the potential benefits and limitations of blockchain in supply chain management, the project seeks to contribute to the ongoing discourse on digital transformation in the supply chain industry.