21Leveraging Blockchain and Distributed Systems for Improved Supply Chain Traceability and Transparency

Luigi P.L. Cavaliere1, S. Silas Sargunam2, Dilip K. Sharma3, Y. Venkata Ramana4, K.K. Ramachandran5, Umakant B. Gohatre6, and Nadanakumar Vinayagam7

1Department of Economics, University of Foggia, Foggia, Italy

2Department of Management Studies, Anna University Regional Campus, Tirunelveli, Tamilnadu, India

3Department of Mathematics, Jaypee University of Engineering and Technology, Guna, Madhya Pradesh, India

4KL Business School, Koneru Lakshmaiah Education Foundation, Guntur, Andhra Pradesh, India

5Management/Commerce/International Business, DR. G R D College of Science, Coimbatore, Tamil Nadu, India

6Department of Electronics and Telecommunications Engineering, Smt. Indira Gandhi College of Engineering, Navi Mumbai, Maharashtra, India

7Department of Automobile Engineering, Hindustan Institute of Technology and Science, Chennai, Tamil Nadu, India

21.1 Introduction

The movement of commodities, information, and financial transactions among several parties and geographical locations is a feature of complex systems or supply chains (SCs). The integrity, quality, and safety of products as they pass through the SC are dependent on SC traceability and transparency. Although transparency refers to the visibility and openness of actions, traceability refers to the capacity to track and trace the history and whereabouts of products, raw materials, and other SC elements. However, ...

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