Emerging of Block chain Technology in Business Industry

  • Unique Paper ID: 148819
  • Volume: 6
  • Issue: 6
  • PageNo: 227-230
  • Abstract:
  • Blockchain technology is emerging in every area. Blockchain is a constantly growing ledger in which every block in the network are connected with cryptographic hash of the previous blocks with distributed, decentralized and immutable properties. Supply Chain Management is collection of activities, organizations, suppliers etc, which maintain the flow of information about the products from its initial stages to until it reaches the consumer. With the implementation of blockchain technology in business area in the form of supply chain management it provides data transparency, traceability, reliability across the network. The paper discusses different case studies in which business companies are implemented and produced efficacious results. And it also shows how blockchain helps in overcoming fraudulent cases. The paper shows applications of blockchain and how its implemented in supply chain which provides transparency, immutability and distributed properties.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{148819,
        author = {Varadha Pally Vinay Reddy},
        title = {Emerging of Block chain Technology in Business  Industry},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {6},
        number = {6},
        pages = {227-230},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=148819},
        abstract = {Blockchain technology is emerging in every
area. Blockchain is a constantly growing ledger in
which every block in the network are connected with
cryptographic hash of the previous blocks with
distributed, decentralized and immutable properties.
Supply Chain Management is collection of activities,
organizations, suppliers etc, which maintain the flow of
information about the products from its initial stages to
until it reaches the consumer. With the implementation
of blockchain technology in business area in the form of
supply chain management it provides data
transparency, traceability, reliability across the
network. The paper discusses different case studies in
which business companies are implemented and
produced efficacious results. And it also shows how
blockchain helps in overcoming fraudulent cases. The
paper shows applications of blockchain and how its
implemented in supply chain which provides
transparency, immutability and distributed properties.},
        keywords = {Supply chain, Blockchain, Business
Transparency, Network effects and Scalability},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 6
  • Issue: 6
  • PageNo: 227-230

Emerging of Block chain Technology in Business Industry

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