Blockchain Supply Chain Integration Relation

Abstract

In this chapter, the authors aim to focus to integrate blockchain with the existing infrastructure, such that it works with the underlying core infrastructure to automate the supply chain integration as much as possible to decrease human intervention to the bare minimum level and solve the underlying problems that might occur due to the human factor in the supply chain integration. The authors will also shed light on the various regulatory issues associated with blockchain technologies. At the same time, one will also try to keep in mind that the newly proposed system can be well integrated with the existing and well-established system. The goal is to address problems that can arise from the human factor in supply chain management. The proposed system can be used in various industries requiring inventory management, the authenticity of goods, digital escrow services, etc. The authors have also discussed various regulatory issues as well as environmental concerns and procurement of raw materials associated with blockchain technologies.