BLOCKCHAIN FOR SUSTAINABLE SUPPLY CHAINS: A GLOBAL PERSPECTIVE

Abstract

The increasing demand for sustainability in supply chains has prompted the exploration of innovative technologies such as blockchain. Blockchain's decentralized, transparent, and immutable characteristics make it a promising solution for enhancing traceability, reducing fraud, and improving ethical sourcing in global supply chains. This paper examines the role of blockchain in fostering sustainable supply chains from a global perspective, analyzing its benefits, challenges, and implementation across various industries. Through a review of recent literature and case studies, we highlight how blockchain can drive environmental, social, and economic sustainability while addressing barriers to adoption. The findings suggest that blockchain, when integrated with other emerging technologies like IoT and AI, can significantly enhance supply chain sustainability.