A Systematic Review on Application of Blockchain Technology in Sustainable Supply Chain Management System

In the recent economic environment and modern business landscape, supply chain management has become increasingly important. Modern supply chains are more complicated because of the globalization of business units, high customer demand, low product life cycle, and geographically disjointed entities competing to serve customers. Currently, business units are more inclined to maintain minimum inventory to avoid storage problems. Therefore, it has become challenging to predict accurate demand and the level of production process. Blockchain technology has emerged as a game changer, transforming the company's monitoring system, to authenticate and safeguard their transactions. Blockchain technology is a modern internet-based digital ledger system that ensures transparency, efficiency, traceability, and security for easing global supply chain management. The main aim of the present study is to focus on the barriers, constraints, challenges, and limitations to applying blockchain technology in sustainable supply chain management.