• Dr. Saswati Tripathi
• Dr. K. Rangarajan

A regular supply chain limits at bilateral relationship as information, goods and commercial papers always flow along a chain. Use of blockchain can expand this relationship all over the system such that information are shared across the entire network at the same time. Blockchain assures information flow from a single source to all stakeholders thus eliminating any scope for manipulation to suit one party. Blockchain offers unique high-end features including visibility, transparency, provenance, integrity, trustworthiness, confidentiality, privacy, security, immutability, traceability, verifiability, interoperability, scalability, proof-of-existence, reliability, cost-effectiveness, tamper-resistance, versatility and resilience. Blockchain is growing faster than expected and thus delay in formulating strategies for its adoption may prove fatal for companies. Blockchain, thereby, can become the mainstay in supply chain digitization. It is a long way to go to fully realize the potential of blockchain in supply chain efficiency.

Supply Chain; Block chain; transaction; digitization; traceability; cost effectiveness

"Future Supply Chain using Blockchain Technology", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 2, page no.1010-1014, February-2018, Available :http://www.jetir.org/papers/JETIR1802179.pdf

"Future Supply Chain using Blockchain Technology", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 2, page no. pp1010-1014, February-2018, Available at : http://www.jetir.org/papers/JETIR1802179.pdf