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The Role of Smart Contracts in Revolutionizing Supply Chain Operations with Blockchain

EasyChair Preprint 12636

6 pagesDate: March 20, 2024

Abstract

Blockchain technology has emerged as a transformative force in supply chain management, offering unparalleled transparency, security, and efficiency. One of the key components driving this transformation is the integration of smart contracts, which automate and enforce contractual agreements within the blockchain network. This research paper examines the pivotal role of smart contracts in revolutionizing supply chain operations through blockchain technology. Beginning with an overview of the challenges plaguing traditional supply chain systems, the paper explores how blockchain, coupled with smart contracts, addresses these challenges by streamlining processes, enhancing trust, and reducing costs.

Keyphrases: Risk of Corruption, analysis, assessment, risk management

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
@booklet{EasyChair:12636,
  author    = {Kiswah Noor and Nakul Mehra},
  title     = {The Role of Smart Contracts in Revolutionizing Supply Chain Operations with Blockchain},
  howpublished = {EasyChair Preprint 12636},
  year      = {EasyChair, 2024}}
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