Vol. 5 No. 1 (2025): Issue 5
Articles

Improving Supply Chain Transparency through Blockchain Technology

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  • Wei Liu ,
  • Xiaoyu Zhang ,
  • Hui Chen
Wei Liu
School of Business and Management, Yinchuan University of Technology, Yinchuan, 750021, China
Xiaoyu Zhang
Institute of Blockchain Research, Jiangxi University of Finance and Economics, Nanchang, 330013, China
Hui Chen
Center for Logistics and Supply Chain Innovation, Zhengzhou University of Light Industry, Zhengzhou, 450002, China
DOI: https://doi.org/10.71070/oaml.v5i1.89

Published 2025-02-18

Keywords

  • Supply Chain,
  • Transparency,
  • Traceability,
  • Blockchain Technology,
  • Operational Efficiency

How to Cite

Liu , W., Zhang , X., & Chen, H. (2025). Improving Supply Chain Transparency through Blockchain Technology. Optimizations in Applied Machine Learning, 5(1). https://doi.org/10.71070/oaml.v5i1.89
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Abstract

The growing complexity and globalization of supply chains have heightened the need for enhanced transparency and traceability. Current research on improving supply chain transparency faces challenges such as data privacy concerns, trust issues, and inefficient information sharing. This paper addresses these challenges by proposing the use of blockchain technology to revolutionize supply chain management. The innovative aspect of this work lies in leveraging blockchain's decentralized and immutable nature to create a transparent and secure system for tracking and verifying the flow of goods and information throughout the supply chain. By introducing this novel approach, this research aims to enhance trust among supply chain partners, improve operational efficiency, and ultimately contribute to the overall integrity and sustainability of global supply chains.

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