Review of Blockchain Technology & Its Potential in Supply Chain Management
No Thumbnail Available
URL
Journal Title
Journal ISSN
Volume Title
School of Business |
Bachelor's thesis
Electronic archive copy is available locally at the Harald Herlin Learning Centre. The staff of Aalto University has access to the electronic bachelor's theses by logging into Aaltodoc with their personal Aalto user ID. Read more about the availability of the bachelor's theses.
Authors
Date
2018
Department
Major/Subject
Mcode
Degree programme
Tieto- ja palvelujohtaminen
Language
en
Pages
26
Series
Abstract
Abstract This Batchelor’s Thesis is literature review of blockchain technology and its current situation of discussion regarding presented applications, security issues and challenges and the potential in supply chain management. For a long time, most of the discussion around blockchain has only included financial sector. However, as one notices after reading this paper, there are plenty of discussion in other fields also, including supply chain management. This thesis includes some technological elements of blockchain technology and aims to get the overall understanding of the technology. Other discussions around the blockchain includes applications in financial, IoT, public and social services, reputation and security and privacy. Discussion around supply chain management includes some SCM’s challenges and the potential of blockchain in SCM. In supply chain management, blockchain is already a part of some pilot projects and different companies has taken the bettering of supply chain, with the discussed technology, as a mission. There is a belief that blockchain technology’s benefits for supply chain is added transparency, visibility and more secure information storaging. Implemention of blockhain in supply chain management is, however, in its early stages. It needs lots of work and cooperation of different parties involving the supply chain. But future will show the advantages that blockchain will have in SCM. Some of these advantages could be; introducing of more ethical and environmental view of doing business, improved efficiency of supply chain management through better and more trusted information flow between different parties. As a source of a literature has been utilized different research papers, articles, conference proceedings and in some points company pages.Description
Thesis advisor
Tinnilä, MarkkuKeywords
blockchain, supply chain, supply chain management, security