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International Journal of Advanced Engineering Application

ISSN: 3048-6807

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Blockchain-Enabled Supply Chain Management System

Author(s):Prof. Varsha Kulkarni1, Mr. Anuj Bonde2, Ms. Dhanashri Gajare3, Ms.Sakshi Bhosale4

Affiliation: 1,2,3,4JSPMs Imperial College of Engineering and Research

Page No: 14-20

Volume issue & Publishing Year: Volume 1 Issue 1, May-2024

Journal: International Journal of Advanced Engineering Application (IJAEA)

ISSN NO: 3048-6807

DOI:

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Abstract:
The block chain-enabled supply chain management system is a decentralized and transparent platform that provides end-to-end visibility and traceability of products and transactions across the supply chain. The system leverages the power of block chain technology to ensure data integrity, security, and immutability. The system enables real-time monitoring, tracking, and verification of product movements, which enhances supply chain efficiency, reduces costs, and minimizes risks. The block chain enabled supply chain management system also facilitates collaboration among stakeholders, enables automated smart contract execution, and provides a secure and tamper-proof audit trail. Overall, the block chain-enabled supply chain management system offers a transformative solution to the challenges facing traditional supply chain management systems. It provides a solution for load safety gaps and feature a complete cost estimate for various supply chain interactions among stakeholders.

Keywords: blockchain, logistics, Supply chains, Security, Ethereum, hard-hat, React, MetaMask Smart-Contract, Solidity

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