The use of blockchain for supply chain sustainability in – Digital Logistics and the impact of geopolitical factors on supply chain management
- • Blockchain technology creates a shared, unchangeable record of transactions, enabling supply chain
traceability and transparency. Managers may automate and streamline business processes with blockchain,
which lowers costs and boosts productivity. - • Blockchain technology can promote sustainability and social responsibility in supply chain management by
improving environmental performance, promoting fair labor practices, and preventing fraud and
counterfeiting. - • Geopolitical factors such as trade policies, tariffs, and political instability can significantly impact the supply chain management and blockchain technology can potentially mitigate these risks.