Developing Scalable Blockchain Solutions for Supply Chain Management
DOI:
https://doi.org/10.70008/nhj.v1i05.25Keywords:
Blockchain, Supply chain management, Scalability, Layer 2 solutions, Sharding, Smart ContractsAbstract
Blockchain technology holds significant promise for transforming Spply Chain Management (SCM) by enhancing transparency, traceability, and efficiency. However, its widespread adoption is hindered by scalability challenges, particularly in high-volume transaction environments typical of modern supply chains. This research investigates the development of scalable blockchain solutions tailored for SCM, addressing these challenges through a mixed-methods approach. A comprehensive literature review, case studies of industry implementations, and a systematic methodology encompassing system design, simulation, testing, and evaluation were conducted. Key findings include insights into scalability issues of traditional blockchains, innovative solutions such as Layer 2 scaling and sharding, and practical implications for enhancing SCM operations. The research underscores the transformative potential of blockchain in SCM while providing actionable insights for industry stakeholders and policymakers.