Blockchain Technology: A case study in supply chain management

Abstract

As blockchain technology has already become a critical priority for enterprises, it is acknowledged that it might be as much important as to reform and reconstruct businesses in the near future. In this paper we review the strengths and weaknesses of the blockchain technology, and present an example application in supply chain management. We start by presenting the key characteristics of the blockchain technology, and then summarize its advantages and vulnerabilities. We also describe some of the existing solutions to known vulnerabilities. Finally, we review and discuss in detail the example of a decentralized application for the supply chain of a frozen food factory. This includes a scenario presenting the implementation of this solution, the steps for the development of the idea, and the constraints of the requirements.