Blockchain Technology in Supply Chain Management and Finance is a decentralised digital ledger that securely and openly logs transactions across numerous computers. It was originally developed as the underlying technology for the cryptocurrency Bitcoin but has since been adapted for a wide range of use cases beyond just digital currencies. A blockchain is made up of blocks of data, where each block contains a record of multiple transactions. Once a block is filled with transactions, it is added to the chain of blocks (hence the name “blockchain”) in a linear,…
The use of Blockchain Technology in Supply Chain Management and Finance
