Blockchain-based Framework: Robust Retail Supply Chain System
- Title
- Blockchain-based Framework: Robust Retail Supply Chain System
- Creator
- Kumar, Nishant; Upreti, Kamal; Deore, Prajwal; Ekatpure, Shubham Rajendra; Kuwar, Vishakha; Gangwar, Divya
- Description
- Effective supply chain management (SCM) is vital to the operations of an organization survival in the fast-paced, globalized modern business environment. The decentralized, immutable ledger system provided by blockchain technology, an invention, improves supply chains visibility, efficiency, and traceability. Blockchain tackles major issues like fraud, inefficiency, and lack of transparency by doing away with middlemen and enabling transparent, real-time data access. This technology is being used more and more in a variety of industries, such as retail, healthcare, and finance. It revolutionizes operations by enhancing automation, security, and traceability. Notwithstanding its potential, the wider ramifications of blockchain technology are still poorly understood, which calls for a thorough analysis of its efficiency and applicability in supply chains. The design of blockchain, its incorporation into the supply chain, and its effects on different industries are all covered in this chapter. It discusses the difficulties in implementing blockchain technology and highlights how blockchain might improve supply chain operations. The blockchains potential to enhance decision-making, lower costs, and boost customer happiness is covered in detail. A thorough examination of blockchains potential and recommendations for future research provide insightful information for academics and businesspeople who want to fully utilize this game-changing technology. 2025 by Nishant Kumar, Kamal Upreti, Prajwal Deore, Shubham Rajendra Ekatpure, Vishakha Kuwar and Divya Gangwar.
- Source
- Web 3.0 Unleashed: Transforming Industries and Building Ethical Frameworks;pp.43-58
- Date
- 01-01-2025
- Publisher
- Taylor and Francis
- Subject
- Blockchain; retail chain; security traceability; transparency; trust
- Coverage
- Kumar N., Christ University, Bangalore, India; Upreti K., Christ University, Delhi NCR Campus, Ghaziabad, India; Deore P., Ramrao Adik Institute of Technology, D. Y. Patil Deemed to Be University, Maharashtra, India; Ekatpure S.R., Kulicke and Soffa, PA, United States; Kuwar V., Dr D. Y. Patil Universitys Center for Online Learning, Dr. D. Y. Patil University, Maharashtra, India; Gangwar D., Babu Banarasi Das Institute of Technology and Management, Lucknow, India
- Rights
- Restricted Access; Hardcopy may be available in the library
- Relation
- ISBN: 978-183708728-0; 978-183708729-7;
- Format
- online
- Language
- English
- Type
- Book chapter
Collection
Citation
Kumar, Nishant; Upreti, Kamal; Deore, Prajwal; Ekatpure, Shubham Rajendra; Kuwar, Vishakha; Gangwar, Divya, “Blockchain-based Framework: Robust Retail Supply Chain System,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 17, 2026, https://archives.christuniversity.in/items/show/24315.
