The Role of Blockchain in Enhancing Supply Chain Transparency                                    

Chantal Emmanuel Sylvestre

Faculty of Education Kampala International University Uganda

ABSTRACT

Supply chains are increasingly complex and globalized, necessitating advanced systems to ensure transparency, trust, and efficiency. Blockchain technology, with its decentralized, secure, and immutable ledger, offers a transformative solution to these challenges. This paper explores how blockchain can enhance supply chain transparency by providing traceability, preventing fraud, and fostering accountability. By examining key applications, case studies, and the challenges of implementation, the paper highlights blockchain’s potential to revolutionize supply chain management. Despite its advantages, issues related to technological maturity, operational constraints, and regulatory compliance must be addressed for widespread adoption.

Keywords: Blockchain, Supply Chain Transparency, Decentralized Ledger, Traceability, Fraud Prevention.

CITATION: Chantal Emmanuel Sylvestre. The Role of Blockchain in Enhancing Supply Chain Transparency. Research Output Journal of Education, 2024 3(3):75-79.