Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation
Blockchain Technology in Supply Chain Management Blockchain can help scale to preparedness and enhance scalability, transparency, interoperability, security, and cost-efficiency. Existing implementations are facing significant challenges, such as considerable computational expense, scalability const...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2025-01-01
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| Series: | ITM Web of Conferences |
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| Online Access: | https://www.itm-conferences.org/articles/itmconf/pdf/2025/07/itmconf_icsice2025_02007.pdf |
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| author | Peshattiwar Atish P Mohanraj A Anand Gerald S Dharmalingam Tiwari Mohit G Swarnalakshmi |
| author_facet | Peshattiwar Atish P Mohanraj A Anand Gerald S Dharmalingam Tiwari Mohit G Swarnalakshmi |
| author_sort | Peshattiwar Atish |
| collection | DOAJ |
| description | Blockchain Technology in Supply Chain Management Blockchain can help scale to preparedness and enhance scalability, transparency, interoperability, security, and cost-efficiency. Existing implementations are facing significant challenges, such as considerable computational expense, scalability constraints, issues with interoperability, energy waste, and regulatory compliance. In response, this research presents a next-gen blockchain framework leveraging hybrid blockchain architectures, AI-integrated smart contracts, green consensus algorithms, and cross-platform interoperability strategies to bridge the gaps of the existing systems. In this paper, we present an architecture that incorporates Zero-Knowledge Proofs (ZKP), Homomorphic Encryption, and Decentralized Identifiers (DIDs) for upholding data transparency and privacy without compromising on regulatory compliance. Furthermore, in order to facilitate the cost-effective adoption of blockchain for supply chain firms, the study presented BaaS (Blockchain-as-a-Service). AI-powered adaptive smart contracts to automate logistics operations in real-time are also included in the framework. This research proves that the proposed blockchain framework helps to increase the supply chain security level, decrease operational costs, improve transaction efficiency, and conformity with the regulations of global trade through the case study analysis and simulation testing approaches. The outcome indicates the comparative analysis demonstrating the improvement– a 40% reduction in latency, a 30% decrease in computational costs, and a 50% higher transaction processing speed compared to the existing blockchain technologies with respect to hybrid blockchain model. This research addresses major roadblocks to significant adoption of blockchain, and provides a robust, cost-efficient, and privacy-protective, scalable blockchain solution which can guarantee resilience and transparency of supply chain in current-day logistics networks. |
| format | Article |
| id | doaj-art-c333335c17bc4da68eebcb33bced6d6d |
| institution | OA Journals |
| issn | 2271-2097 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | ITM Web of Conferences |
| spelling | doaj-art-c333335c17bc4da68eebcb33bced6d6d2025-08-20T01:51:57ZengEDP SciencesITM Web of Conferences2271-20972025-01-01760200710.1051/itmconf/20257602007itmconf_icsice2025_02007Blockchain Technology in Supply Chain Management Prospects and Challenges for ImplementationPeshattiwar Atish0P Mohanraj1A Anand Gerald2S Dharmalingam3Tiwari Mohit4G Swarnalakshmi5Assistant Professor, Department of Electronics Engineering YCCEAssistant Professor, Department of MBA, SRM Institute of Science and Technology -RamapuramDean - School of Management, KPR College of Arts Science and ResearchProfessor, Department of Management Studies, Chettinad College of Engineering and TechnologyAssistant Professor, Department of Computer Science and Engineering, Bharati Vidyapeeth’s College of EngineeringAsst Professor, Department of MECH, New Prince Shri Bhavani College of Engineering and TechnologyBlockchain Technology in Supply Chain Management Blockchain can help scale to preparedness and enhance scalability, transparency, interoperability, security, and cost-efficiency. Existing implementations are facing significant challenges, such as considerable computational expense, scalability constraints, issues with interoperability, energy waste, and regulatory compliance. In response, this research presents a next-gen blockchain framework leveraging hybrid blockchain architectures, AI-integrated smart contracts, green consensus algorithms, and cross-platform interoperability strategies to bridge the gaps of the existing systems. In this paper, we present an architecture that incorporates Zero-Knowledge Proofs (ZKP), Homomorphic Encryption, and Decentralized Identifiers (DIDs) for upholding data transparency and privacy without compromising on regulatory compliance. Furthermore, in order to facilitate the cost-effective adoption of blockchain for supply chain firms, the study presented BaaS (Blockchain-as-a-Service). AI-powered adaptive smart contracts to automate logistics operations in real-time are also included in the framework. This research proves that the proposed blockchain framework helps to increase the supply chain security level, decrease operational costs, improve transaction efficiency, and conformity with the regulations of global trade through the case study analysis and simulation testing approaches. The outcome indicates the comparative analysis demonstrating the improvement– a 40% reduction in latency, a 30% decrease in computational costs, and a 50% higher transaction processing speed compared to the existing blockchain technologies with respect to hybrid blockchain model. This research addresses major roadblocks to significant adoption of blockchain, and provides a robust, cost-efficient, and privacy-protective, scalable blockchain solution which can guarantee resilience and transparency of supply chain in current-day logistics networks.https://www.itm-conferences.org/articles/itmconf/pdf/2025/07/itmconf_icsice2025_02007.pdfblockchain technologysupply chain managementhybrid blockchain modelsai-powered smart contractsenergy-efficient blockchaincross-platform interoperabilitydecentralized supply chainsreal-time transaction processingregulatory compliance in blockchainprivacy-preserving blockchainfederated blockchain networkssmart logistics automationblockchain-as-a-service (baas)blockchain scalability solutionstransparency in supply chainssecure supply chain transactionsblockchain risk mitigationnext-generation blockchain frameworkadaptive logistics automation |
| spellingShingle | Peshattiwar Atish P Mohanraj A Anand Gerald S Dharmalingam Tiwari Mohit G Swarnalakshmi Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation ITM Web of Conferences blockchain technology supply chain management hybrid blockchain models ai-powered smart contracts energy-efficient blockchain cross-platform interoperability decentralized supply chains real-time transaction processing regulatory compliance in blockchain privacy-preserving blockchain federated blockchain networks smart logistics automation blockchain-as-a-service (baas) blockchain scalability solutions transparency in supply chains secure supply chain transactions blockchain risk mitigation next-generation blockchain framework adaptive logistics automation |
| title | Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation |
| title_full | Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation |
| title_fullStr | Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation |
| title_full_unstemmed | Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation |
| title_short | Blockchain Technology in Supply Chain Management Prospects and Challenges for Implementation |
| title_sort | blockchain technology in supply chain management prospects and challenges for implementation |
| topic | blockchain technology supply chain management hybrid blockchain models ai-powered smart contracts energy-efficient blockchain cross-platform interoperability decentralized supply chains real-time transaction processing regulatory compliance in blockchain privacy-preserving blockchain federated blockchain networks smart logistics automation blockchain-as-a-service (baas) blockchain scalability solutions transparency in supply chains secure supply chain transactions blockchain risk mitigation next-generation blockchain framework adaptive logistics automation |
| url | https://www.itm-conferences.org/articles/itmconf/pdf/2025/07/itmconf_icsice2025_02007.pdf |
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