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Transparency Enhancement and Trust Mechanism Construction of Global Supply Chain Based on Blockchain Technology
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Abstract
With the development of the global economy and the continuous expansion of supply chain scale, supply chain management has become increasingly important. However, the traditional supply chain management model faces challenges such as information asymmetry, difficulty in tracing, and low efficiency. Therefore, the emergence of blockchain technology has introduced new solutions for supply chain management. This article will delve into the application of blockchain technology in supply chain management and analyze its enhancements in transparency and efficiency. After providing an overview of blockchain technology, the article will examine the key issues in supply chain management, including asymmetric information, lack of transparency, and inefficiency. It will propose strategies for implementing blockchain technology in supply chain management to improve global supply chain transparency and outline a trust mechanism based on blockchain to advance the adoption of this technology in supply chain management.
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How to cite this paper
Transparency Enhancement and Trust Mechanism Construction of Global Supply Chain Based on Blockchain Technology
How to cite this paper: Yuying Chen. (2024) Transparency Enhancement and Trust Mechanism Construction of Global Supply Chain Based on Blockchain Technology. Advances in Computer and Communication, 5(3), 195-199.
DOI: http://dx.doi.org/10.26855/acc.2024.07.007
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