A Survey on Silk supply chain management using blockchain
DOI:
https://doi.org/10.5281/zenodo.4902961Keywords:
Supply chain management,, smart contract, decentralization, blockchain, silkAbstract
India is the second largest producer of silk in the world with the silk market growing at a potential of 4-5% YoY yet remains highly unorganized & fragmented in terms of the supply chain. Emergence of counterfeit products and product quality scandals has revealed the importance of quality management from a supply chain perspective . The reason lies in the challenges brought by the traditional system: self interests of supply chain members, asymmetric information in production processes and limitations of quality inspections. Blockchain is a promising technology to solve these problems. In this paper, we discuss how to improve the silk supply chain quality management by adopting blockchain technology.
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