Download PDFOpen PDF in browserSecuring the Chain: Leveraging Blockchain for Data Protection and Integrity in Retail Supply ChainsEasyChair Preprint 127039 pages•Date: March 22, 2024AbstractIn the realm of retail, maintaining data integrity and protecting sensitive information within supply chains is paramount. With the advent of blockchain technology, there emerges a powerful tool for ensuring trust and security throughout these intricate networks. This paper delves into the role of blockchain applications in fortifying the integrity of retail supply chains while safeguarding data against vulnerabilities. Through an exploration of blockchain's decentralized ledger system, cryptographic techniques, and smart contracts, this study elucidates how these features contribute to bolstering trust, transparency, and efficiency in retail operations. By leveraging blockchain, retailers can establish immutable records of transactions, trace product origins, and authenticate information across the supply chain, thereby mitigating risks associated with counterfeiting, fraud, and data breaches. Furthermore, the paper examines real-world applications and case studies to illustrate the tangible benefits of blockchain integration in enhancing supply chain resilience and consumer confidence. Ultimately, this research underscores the transformative potential of blockchain technology in revolutionizing data protection and supply chain integrity within the retail sector. Keyphrases: Blockchain, Integrity, Resilience, Retail, Supply Chain Management, Technology, Trust, data protection, decentralization, transparency
|