SUPPLY CHAIN MANAGEMENT AND BLOCKCHAIN TECHNOLOGY

UDC 658.7: 005.8
DOI: 10.36871/ek.up.p.r.2023.11.03.013

Authors

Islam V. Baliev,
“Chechen State University named after. A.A. Kadyrov”, Grozny, Russian Federation
Andrey A. Potapov,
“Kazan State Energy University”, Kazan, Russia
Ibragim R. Avtorkhanov,
GGNTU named after academician M.D. Millionshchikova, Grozny, Russia

Abstract

This scientific article explores the application of blockchain technology in the context of supply chain management. Supply chains are an integral part of modern business, but often face issues such as inadequate transparency, low efficiency, and vulnerability to fraud. The article discusses the fundamental principles of blockchain technology and its benefits, including enhanced transparency, security, efficiency, and quality control. Furthermore, specific practical examples of blockchain implementation in supply chain management are presented, such as product origin tracking, inventory management, and supply chain resilience.

Keywords

transparency, security, efficiency, production, logistics, industry, consumer, product, documentation, regulation.