Blockchain Applications for Sustainable Supply Chains: Enhancing Transparency and Accountability

Preview this chapter:

Blockchain Applications for Sustainable Supply Chains: Enhancing Transparency and Accountability, Page 1 of 1

< Previous page | Next page > /docserver/preview/fulltext/9789815322408/chapter-1-1.gif

This chapter explores the transformative potential of blockchain technology in fostering sustainability within supply chains. With growing concerns about environmental degradation, social injustices, and ethical dilemmas, there is an urgent need for innovative solutions to ensure the integrity and responsibility of global supply networks. Blockchain, with its immutable and transparent ledger system, offers promising avenues to address these challenges by enhancing traceability, accountability, and trust among stakeholders. Through case studies and theoretical analysis, this chapter examines the implementation of blockchain in various sectors, such as agriculture, manufacturing, and logistics, to mitigate issues like child labor, deforestation, and carbon emissions. Furthermore, it discusses the synergistic relationship between blockchain and other emerging technologies, such as IoT and AI, in creating comprehensive sustainability frameworks. By elucidating the potential benefits, challenges, and future directions, this chapter aims to provide valuable insights for researchers, policymakers, and industry practitioners seeking to leverage blockchain for building resilient and sustainable supply chains.