Enhancing Supply Chain Transparency Through Blockchain‐Based Information Systems

Abstract

ABSTRACT Globalization, multi‐tier supplier networks and demands for transparency and accountability have made supply chain management more complex than ever. Traditional supply chain systems are often characterized by limited visibility, fragmented data sharing, and security vulnerabilities leading to inefficiency and distrust. Collaboration between IoT and Blockchain to Enhance Supply Chain Operations Imagine having products that can be tracked in real time, data being stored securely through distributed ledgers, and transactions performed automatically using smart contracts. The Internet of Things gathers data throughout all the phases in supply chain life and blockchain technology guarantees that it is authentic and also unchangeable. This innovative solution exhibits significant advancements in transparency, security, and operational efficiency when compared with existing supply chain approaches. These results confirm that supply chain systems powered by blockchain technology can improve transaction speed, traceability and integration, while minimizing operational risk. Thus, this work provides a dependably transferable and scalable method to increasing supply chain traceability and efficiency.