Adoption of Blockchain Technology in Enhancing Supply Chain for Sustainable Practices: Case Study Review and Proposed Framework

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Abstract

The integration of blockchain technology into supply chain management presents a transformative opportunity to enhance sustainability practices across various industries. This paper explores the multifaceted benefits of adopting blockchain as a foundational framework for supply chains, emphasizing its potential to improve transparency, traceability, and accountability. By providing an immutable ledger, blockchain enables stakeholders to track the provenance of goods, ensuring ethical sourcing and reducing fraud. Additionally, the decentralized nature of blockchain fosters collaboration among supply chain participants, facilitating the sharing of critical information that can lead to more efficient resource utilization and waste reduction. Through case studies and empirical analysis, this paper illustrates how blockchain can mitigate environmental impacts, promote social responsibility, and ultimately drive sustainable practices within supply chains. The findings underscore the necessity for organizations to embrace this innovative technology as a critical component in their sustainability strategies, paving the way for a more resilient and responsible future in global commerce.

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