DOIONLINE

DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-14029

Publish In
International Journal of Management and Applied Science (IJMAS)-IJMAS
Journal Home
Volume Issue
Issue
Volume-4,Issue-10  ( Oct, 2018 )
Paper Title
The Potential of Block Chain in Supply Chain Management
Author Name
Zoltan Szegedi, Mario Malouin
Affilition
KautzGyula Faculty of Economic and Management Szechenyi Istvan University, Györ, Hungary Faculty of Management and Business Administration, Szent Istvan University , Gödöllö, Hungary
Pages
79-84
Abstract
Over the past decade, the digital revolution has substantially redefined supply chain. Business platforms such as Airbnb and Uber have disrupted traditional business models. The 2007 financial crisis had a significant impact on the levels of trust that citizens place in the business ecosystem and government institutions. This paper explores how blockchain could impact the business eco-system of Supply Chain Management (SCM), create an unbroken system of trust and reduces market frictions. Keywords - Blockchain, Trust, Frictions, Supply Chain, Network
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