Leveraging Blockchain for Supply Chain Transparency and Fraud Prevention with an Emphasis on Decentralized Trust Mechanisms and Real-Time Verification Protocols
Keywords:
Blockchain, Supply Chain Transparency, Fraud Prevention, Decentralized Trust, Real-Time Verification, Smart Contracts, Distributed Ledger Technology (DLT)Abstract
The complexity of modern supply chains has given rise to challenges such as fraud, lack of transparency, and inefficiencies. Blockchain technology offers a decentralized solution that enhances trust, security, and real-time verification in supply chain management. This paper explores the role of blockchain in ensuring supply chain transparency and preventing fraudulent activities. It emphasizes decentralized trust mechanisms and real-time verification protocols to establish an immutable, efficient, and reliable system for stakeholders. Furthermore, a review of relevant literature highlights key contributions in the field. The study also presents a comparative analysis of blockchain-enabled vs. traditional supply chains, backed by graphs, charts, and tables illustrating the advantages of blockchain integration.
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Copyright (c) 2025 Arturo Bermejo (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
