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Data Communication Based on MQTT in a Polymer Extrusion Process

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Blockchain Enabled Supply Chain Management.

S Anupama Kumar¹, M Anusha²

¹Department of MCA, RV College of Engineering, Bangalore, India.

SN Computer Science

|January 30, 2023

Summary

This summary is machine-generated.

Blockchain technology can enhance supply chain management by improving data access and reducing confirmation times. This allows businesses to focus more on product quality and cost reduction.

Keywords:

Blockchain Blockchain-enabled SCM SCRM Supply chain management

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Area of Science:

Supply Chain Management
Information Systems
Blockchain Technology

Background:

Distribution networks and supply chains are complex systems involving numerous entities, activities, and resources.
Efficiently managing these networks is crucial for delivering goods and services from inception to the end customer.
Current supply chain models can face challenges related to data transfer and confirmation.

Purpose of the Study:

To explore the potential of blockchain technology in improving supply chain management.
To analyze how blockchain can streamline data access and reduce issues in distribution networks.
To compare the performance of crypto supply networks with traditional supply chains.

Main Methods:

Review of existing literature on supply chain management and blockchain applications.
Conceptual analysis of blockchain's impact on data sharing and process efficiency.
Comparative discussion of blockchain-enabled supply chains versus traditional models.

Main Results:

Blockchain enables shared data access for all supply chain participants, mitigating communication and data transfer problems.
Implementation of blockchain can significantly reduce the time spent on data confirmation.
This time saving allows for increased focus on enhancing product/service quality and reducing costs.

Conclusions:

Blockchain technology offers a promising solution for optimizing supply chain operations.
By improving data integrity and reducing friction, blockchain can lead to more efficient and cost-effective supply chains.
Crypto supply networks demonstrate a superior performance model compared to conventional supply chains.