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What is Immutable Ledger

Chapter 3
Achieving Secure and Transparent Supply Chains With Blockchain Technology
A ledger that is unchanging over time, one where records, once written, cannot be altered. This is a fundamental feature of blockchain technology, which ensures that transaction histories are permanently recorded.
Published in Chapter:
Assessing the Integration of Blockchain and Supply Chain Management: The Case of China
Mohamad Zreik (School of International Studies, Sun Yat-sen University, China)
Copyright: © 2024 |Pages: 19
DOI: 10.4018/979-8-3693-0482-2.ch003
Abstract
This chapter focuses on the Chinese market and explores the use of blockchain technology in supply chain management. It explores actual Chinese case studies while explaining blockchain's basics and its promise for improving supply chain transparency, security, and efficiency. With a focus on enhanced traceability, robustness, and the function of smart contracts, this chapter examines Chinese supply chain models that make use of blockchain technology. Sustainable development goals in China are aligned with blockchain's environmental consequences, its use in carbon footprint tracking, and the promotion of circular supply chains. This chapter analyzes the obstacles to blockchain adoption in China from a legal and regulatory perspective, and suggests ways to overcome these roadblocks through policy reform. Finally, the chapter projects the future influence of blockchain technology on global supply chain management by analyzing the potential and constraints facing Chinese enterprises that deploy blockchain-based supply chain systems.
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