Blockchain-Enabled Traceability and Compliance in Global Electronics Production Networks
DOI:
https://doi.org/10.15680/IJCTECE.2023.0606019Keywords:
Block chain, cybersecurity, electronicsAbstract
The complexity and global nature of the global electronics production networks are becoming a major challenge as regards to traceability, compliance, and transparency. The paper discusses how blockchain technology can be used with regard to these issues to increase integrity, trust, and visibility of data to supply chain stakeholders. Applying a qualitative method of secondary research, the available literature on blockchain application in electronics supply chain is addressed systematically. As the results suggest, blockchain can enhance end-to-end traceability, consistency with regulation, and build trust by establishing records, which are impossible to alter and are clear. Cost, scalability, interoperability are however issues that are there about implementation. The paper is an addition to the knowledge on the potential and limitations of blockchain within the world electronics production chains.
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