Leveraging Next-Gen Technology For Supply Chain Security

Global supply chain disruptions continue as part of both a national and global discussion. There is a need for a greater focus on supply chain security as part of this discussion as there is an increasing amount of counterfeit parts and goods within global supply chains. While counterfeit activity is an economic burden to companies and the global market, there are also legitimate concerns on consumer safety, consumer trust and company brand management. The aim for this paper is to identify the concern and extent of the counterfeit problem and identify the use of next-gen technologies to provide brand protection and combat supply chain disruptions. With a focus on the pharmaceutical industry, the fastest growing segment of counterfeit goods, this paper highlights new brand protection technologies such as the use of QR codes and the 3D printing of custom goods. More importantly, the paper will underscore the need for increased and upgraded digital security measures through the use of both blockchain and Internet of Things (IoT) technology to enhance trust and security throughout the supply chain. One of the authors is involved in the importation to the U.S. of olive oil from Italy and has adopted anticounterfeit and brand protection measures to provide B2B and B2C supply chain transparency, traceability and protection. This is important, as by some estimates, as much as 80% of the supply chain of olive oil is fraudulent and counterfeit

Securing the Internet of Things: Leveraging Blockchain for Enhanced Trust and Data Integrity

The rapid proliferation of the Internet of Things (IoT) has transformed various sectors, enabling unprecedented connectivity and automation. However, this connectivity also introduces significant security challenges, as IoT devices often operate in decentralized and heterogeneous environments, making them vulnerable to various cyber threats. Traditional security measures fall short in addressing these challenges, necessitating innovative solutions to ensure the integrity, confidentiality, and authenticity of data within IoT networks. Blockchain technology, with its decentralized and immutable nature, offers a promising solution to enhance the security of IoT systems. By leveraging blockchain, IoT networks can achieve a higher level of trust and data integrity. The inherent features of blockchain, such as cryptographic security, consensus mechanisms, and decentralized ledger technology, provide robust protection against data tampering, unauthorized access, and other malicious activities. This paper explores the integration of blockchain technology into IoT security frameworks. We discuss the potential benefits of using blockchain for securing IoT devices, including improved transparency, traceability, and accountability. Furthermore, we analyze various blockchain-based IoT security models and architectures proposed in recent research, highlighting their strengths and limitations. In addition, this paper addresses the challenges associated with the implementation of blockchain in IoT environments, such as scalability, energy consumption, and latency. We propose potential solutions to these challenges and outline future research directions to enhance the synergy between blockchain and IoT. By leveraging blockchain technology, IoT systems can achieve enhanced security, fostering greater trust and reliability in interconnected devices. This paper aims to provide a comprehensive understanding of the intersection between blockchain and IoT, offering insights into how this integration can address current security concerns and pave the way for more secure and resilient IoT ecosystems

Emerging Technology of Blockchain for Energy Sector

Since the Bitcoin whitepaper was published in 2009, blockchain has been the technology of the decade. This revolutionary technology assures decentralization and immutability, which helps in fraud-prevention. In addition, it provides independence from central coordination entities which further ensures transparency and accountability. Like many other sectors, there are various uses of blockchain in the energy sector such as in energy trading, smart meter, and micro grid. The current landscape study is based on qualitative exploratory research methodology and focuses on the patenting activity for the use case of blockchain in the energy/power sector

Emerging Technology of Blockchain for Energy Sector

141-145Since the Bitcoin whitepaper was published in 2009, blockchain has been the technology of the decade. This revolutionary technology assures decentralization and immutability, which helps in fraud-prevention. In addition, it provides independence from central coordination entities which further ensures transparency and accountability. Like many other sectors, there are various uses of blockchain in the energy sector such as in energy trading, smart meter, and micro grid. The current landscape study is based on qualitative exploratory research methodology and focuses on the patenting activity for the use case of blockchain in the energy/power sector

How Blockchain interrelates with trust in the supply chain context: insights from tracing sustainability in the metal industry metal industry

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Secure and Transparent Supply Chain Management using Blockchain and IoT

Blockchain technology has emerged as a disruptive force across various industries, and its integration with the Internet of Things (IoT) has unlocked new avenues for supply chain management. The conventional supply chain systems often encounter challenges related to privacy, security, and data integrity. In contrast, blockchain's decentralized and tamper-proof nature ensures a secure, auditable, and transparent record of product movement within the supply chain. By leveraging the immutable properties of blockchain, the system enhances product traceability, authenticity, and accountability while significantly reducing operational costs. IoT devices are vulnerable to attack as due to low processing power, storage limitations etc.  Blockchain integrated with IoT provides a solution faced by the several industries. Blockchains and smart contracts are technology that has gained massive attention. The integration of blockchain addresses these shortcomings by providing robust data security and integrity, minimizing the risk of unauthorized access or alteration. This paper presents a system that helps the industrialist to have an access to agricultural data and supply of crops data to farmer. As industries continue to embrace digitization and connectivity, the presented system offers a significant step towards a more streamlined and secure future for agricultural information sharing. This system will be effective for the supply chain management for the trusted delivery

Predictor Model of the Supply Chain Effectiveness based on Critical Success Factors in a Commerce Retail Industry

The business environments of the globalized economy present increasing complexity under highly variable conditions of volatility, risk, and uncertainty that exert intense pressures on retailers; some of them develop programs for the improvement of the supply chain. This paper is about determining the factors of the supply chain and the development of a structural equation model. The first section presents the background, the description of the problem and a literature search of the Supply Chain factors and their classification. The Methodology section explains the development of a questionnaire as a measuring instrument based on the identified factors. The validation of the questionnaire was with the Cronbach alpha index, and then it applied to a sample of retailers in central Mexico. Using the Partial Least Squares Structural Equation Modelling Approach, the development of a structural model identified the key driver factors related to the improvement of the Supply Chain. In results report the most important factors: 1) supplier’s quality of the goods, 2) internal factors, 3) after-sale service, and 4) road infrastructure and 5) commercial environment, for commerce retail industry in México.Os ambientes de negócios da economia globalizada apresentam complexidade crescente sob condições altamente variáveis ​​de volatilidade, risco e incerteza que exercem intensa pressão sobre os varejistas; alguns deles desenvolvem programas para a melhoria da cadeia de suprimentos. Este artigo trata da determinação dos fatores da cadeia de suprimentos e do desenvolvimento de um modelo de equação estrutural. A primeira seção apresenta os antecedentes, a descrição do problema e uma pesquisa bibliográfica dos fatores da Cadeia de Suprimentos e sua classificação. A seção Metodologia explica o desenvolvimento de um questionário como instrumento de medição baseado nos fatores identificados. A validação do questionário foi com o índice alfa de Cronbach e, em seguida, aplicado a uma amostra de varejistas na região central do México. Utilizando a Abordagem de Modelagem de Equações Estruturais de Mínimos Quadrados Parciais, o desenvolvimento de um modelo estrutural identificou os principais fatores impulsionadores relacionados à melhoria da Cadeia de Suprimentos. Nos resultados relatam os fatores mais importantes: 1) qualidade do fornecedor das mercadorias, 2) fatores internos, 3) serviço pós-venda, e 4) infraestrutura rodoviária e 5) ambiente comercial, para o setor de comércio varejista no México

Blockchain applications in agribusiness: a systematic review

Blockchain is a technology that can be applied in different sectors to solve various problems. As a complex system, agribusiness presents many possibilities to take advantage of blockchain technology. The main goal of this paper is to identify the purposes for which blockchain has been applied in the agribusiness sector, for which a PRISMA-based systematic review was carried out. The scientific literature corpus was accessed and selected from Elsevier’s Scopus and ISI of Knowledge’s Web of Science (WoS) platforms, using the PRISMA protocol procedures. Seventy-one articles were selected for analysis. Blockchain application in agribusiness is a novel topic, with the first publication dating from 2016. The technological development prevails more than blockchain applications since it has been addressed mainly in the Computer Sciences and Engineering. Blockchain applications for agribusiness management of financial, energy, logistical, environmental, agricultural, livestock, and industrial purposes have been reported in the literature. The findings suggest that blockchain brings many benefits when used in agribusiness supply chains. We concluded that the research on blockchain applications in agribusiness is only at an early stage, as many prototypes are being developed and tested in the laboratory. In the near future, blockchain will be increasingly applied across all economic sectors, including agribusiness, promoting greater reliability and agility in information with a reduced cost. Several gaps for future studies were observed, with significant value for science, industry, and society