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      Empowering Sustainable Industrial 4.0 Systems With Machine Intelligence : 

      Applications of Blockchain Technology in Supply Chain Management

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          Abstract

          In this chapter, the authors delve into the utilization of blockchain technology within the realm of supply chain management. The emergence of blockchain technology has heralded substantial progress across diverse sectors, and the domain of supply chain management is undeniably one of them. The decentralized and immutable characteristics of blockchain present a promising resolution to endure hurdles encountered by stakeholders in supply chain management. These challenges encompass issues of transparency, traceability, and efficiency. The abstract commences by acknowledging the transformative essence of blockchain technology, underscoring its profound influence across various sectors. It subsequently narrows its focus to explore the specific applications within the domain of supply chain management. The chapter undertakes an in-depth examination of the multifaceted challenges faced by supply chain stakeholders and elucidates how blockchain technology adeptly tackles these predicaments.

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          Building the Resilient Supply Chain

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            Is Open Access

            Where Is Current Research on Blockchain Technology?—A Systematic Review

            Blockchain is a decentralized transaction and data management technology developed first for Bitcoin cryptocurrency. The interest in Blockchain technology has been increasing since the idea was coined in 2008. The reason for the interest in Blockchain is its central attributes that provide security, anonymity and data integrity without any third party organization in control of the transactions, and therefore it creates interesting research areas, especially from the perspective of technical challenges and limitations. In this research, we have conducted a systematic mapping study with the goal of collecting all relevant research on Blockchain technology. Our objective is to understand the current research topics, challenges and future directions regarding Blockchain technology from the technical perspective. We have extracted 41 primary papers from scientific databases. The results show that focus in over 80% of the papers is on Bitcoin system and less than 20% deals with other Blockchain applications including e.g. smart contracts and licensing. The majority of research is focusing on revealing and improving limitations of Blockchain from privacy and security perspectives, but many of the proposed solutions lack concrete evaluation on their effectiveness. Many other Blockchain scalability related challenges including throughput and latency have been left unstudied. On the basis of this study, recommendations on future research directions are provided for researchers.
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              A systematic literature review of blockchain-based applications: Current status, classification and open issues

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                Book Chapter
                December 29 2023
                : 248-304
                10.4018/978-1-6684-7625-3.ch009
                b26f8c97-c364-487e-a2e4-5bba2efec1ce
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