BLOCKCHAIN TECHNOLOGY IN SUPPLY CHAIN MANAGEMENT: ENSURING TRANSPARENCY IN E-COMMERCE

Abstract

The integration of blockchain technology into supply chain management has revolutionized e-commerce operations by enhancing transparency, efficiency, and trust. Traditional supply chains often suffer from issues such as lack of visibility, fraud, and inefficiencies, which undermine consumer trust and operational effectiveness. Blockchain technology addresses these challenges by providing a decentralized, immutable ledger that ensures data integrity, transparency, and accountability across all stages of the supply chain. By leveraging smart contracts and real-time tracking, stakeholders can gain end-to-end visibility of products from origin to delivery, reducing fraud, improving inventory management, and enhancing customer satisfaction. Moreover, blockchain enables secure and seamless data sharing among supply chain participants, fostering collaboration and innovation. This paper explores the role of blockchain in transforming supply chain management, with a focus on its application in e-commerce, highlighting key benefits, challenges, and future opportunities.