A study on analysing the role of blockchain in supply chain data security and developing a conceptual diagram


Article type :

Review Article

Author :

Alex Nero*, Gifty Sarin

Volume :

11

Issue :

4

Abstract :

This research explores the role of blockchain technologyin enhancingdata securitywithin modernsupply chains. As global supply chains become increasingly complex and vulnerable to risks such as fraud, counterfeiting, and data breaches, blockchain offers a promising solution to address these challenges. By leveraging its core features blockchain can improve transparency, trust, and traceability in supply chain operations. This study examines how these blockchain features can secure critical data elements, such as product provenance, inventory management, and financial transactions, ensuring their integrity and authenticity. The research also discusses the technical benefits of blockchain, including its ability to prevent unauthorized access, reduce fraud, and enhance collaboration among supply chain participants. Despite its advantages, the study identifies several limitations, including adoption barriers, scalability issues, and regulatory concerns. The findings suggest that while blockchain has the potential to revolutionize supply chain security, further research is needed to overcome these challenges and explore its broader applicability across various industries. Future studies should focus on improving scalability, exploring sector-specific implementations, and addressing the legal frameworks necessary for blockchain adoption.

Keyword :

Blockchain, Supply chain, Data security