Chapter 4

The supply blockchain: integrating blockchain technology within supply chain operations

Matthew Liotine1 and Don Ginocchio2,    1Department of Information & Decision Sciences, University of Illinois at Chicago, Chicago, IL, United States,    2SAP University Alliances, University of Notre Dame, Notre Dame, IN, United States

Abstract

Blockchain is a distributed system of record that employs a trust protocol built on elements of networking and cryptology. Blockchain can improve the speed of transaction execution and validation across multiple parties. These include digitally validating a transaction that has occurred between two entities and rendering it irrefutable. When one considers the numerous kinds and volume of supply chain transactions ...

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