Affiliation:
1. Sir Syed CASE Institute of Technology, Islamabad, Pakistan
Abstract
Blockchain technology has gained significant momentum in recent years, with many countries recognizing its potential for enhancing sustainability in supply chains. Countries around the world are increasingly exploring the potential of blockchain to enhance transparency, traceability, and accountability in their supply chains. Blockchain enables countries to establish a trusted and decentralized network where information can be securely stored and accessed by relevant stakeholders. This enables governments, businesses, and consumers to have a comprehensive view of the supply chain, from raw material sourcing to product delivery through transparency and traceability across which enabling better visibility into the origins and environmental impact of products by ensuring sustainability practices are adhered to at every stage of the supply chain. As more companies recognize the benefits of blockchain in ensuring sustainability, we can expect to see its widespread adoption in supply chains across various industries.