A Novel Blockchain-based Framework for Enhancing Supply Chain Management
Main Article Content
Abstract
The management of modern supply chains faces critical challenges related to transparency, security, and efficiency. Traditional systems often struggle to provide real-time visibility, traceability, and data integrity, leaving supply chains vulnerable to fraud and inefficiencies. In response to these challenges, this research paper introduces a groundbreaking "Multi-Layered Blockchain Architecture" tailored to revolutionize supply chain management. The architecture leverages blockchain technology, offering a multi-layered solution that combines the transparency and trust of public blockchains with the confidentiality and efficiency of private blockchains. Role-Based Access Control ensures fine-grained access management, and Cross-Blockchain Oracles facilitate seamless data transfer between layers. Key performance metrics, including throughput, latency, scalability, security, and transaction cost, provide a robust framework for assessing the architecture's performance. The literature review underlines the growing body of research focused on blockchain technology's application in supply chain management, highlighting the potential for enhancing transparency, security, and traceability. This research contributes to the field by presenting a comprehensive architecture designed to address these issues and offering hypothetical data and analysis to demonstrate its capabilities.
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