The emergence of technological applications in Supply Chain Management (SCM) has revolutionized the way businesses operate, with blockchain technology emerging as a key player in advancing transparency, security, and efficiency. By exploring the basics of blockchain technology, its mechanisms, and its real-life application, the report identifies the key benefits, challenges, and future directions of blockchain technology
in promoting transparency and security. The findings highlight the significance of blockchain technology in mitigating trust issues, reducing fraud, enhancing data integrity, and improving accountability
in supply chain management. The report also calls for further research to overcome scalability, regulatory, and interoperability issues to fully leverage blockchain's potential.
