Blockchain Technology for Supply Chain Transparency in E-Commerce
Author : Dr. Seema Gupta, Mayank Kumar and Vansh Jain
Abstract :
Blockchain technology has the potential to change the e-commerce supply chain by providing enhanced transparency, and security, from production to delivery. The decentralized and unchangeable nature of blockchain ensures that data about products, customer details and transactions cannot be tampered by someone, hence reducing fraud. This study explores the application of blockchain in e-commerce supply chains, and also focusing on how it can improve product authenticity, increase the transparency of goods, and create a more secure and efficient system for both consumers and businesses. The research examines various blockchain solutions already in use within e-commerce platforms and evaluates their impact on increasing trust and reducing inefficiencies. Additionally, the study identifies challenges such as the adoption of blockchain technology by different stakeholders within the supply chain. The findings suggest that, with careful implementation, blockchain can significantly enhance transparency, ensure ethical sourcing, and mitigate risks associated with fraud, ultimately leading to a more robust and reliable e-commerce ecosystem.
Keywords :
Blockchain, transparency, security, supply chain, migrate risks.