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Application of Blockchain Technology for Supply Chain Management – The Example of Paper-Based Coffee Cups

  • Safety, quality, and sustainability concerns have arisen from global supply chains. Stakeholders incur risk regarding these factors, given their significance and complexity. Thus, each business's supply chain risk management must prioritize product characteristics. Accordingly, an effective traceability solution that can monitor and regulate product and supply chain aspects is crucial, especially in a given scenario. This re-search paper elucidates the potential of smart contracts in blockchain to enhancing the efficacy of business transactions and ensuring comprehensive traceability within the supply chain of paper-based coffee cups The improved levels of transaction transparency and security in traditional supply chains have been achieved through the digitization of supply chain ecosystem interactions and transactions. This approach makes verifying sources, manufacturing procedures, and quality standards easier in complex supply chains. Accordingly, the integration helps stakeholders monitor and track the whole ecosystem, promoting transparency, predictability, and dependability.

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Author:Naiema Shirafkan, Marcus Wiens
Parent Title (German):Konferenzband zum Scientific Track der Blockchain Autumn School 2023
Publisher:Hochschule Mittweida
Place of publication:Mittweida
Document Type:Conference Proceeding
Year of Completion:2023
Publishing Institution:Hochschule Mittweida
Contributing Corporation:TU Bergakademie Freiberg
Release Date:2023/10/17
Tag:Paper-based Coffee Cups; Traceability
GND Keyword:Supply Chain Management; Smart contract; Stakeholder; Blockchain; Transparenz
Page Number:8
First Page:18
Last Page:25
Open Access:Frei zugänglich
Licence (German):License LogoUrheberrechtlich geschützt