- Latest Trends in Blockchain for Supply Chain Management
- Challenges in Implementing Blockchain for Supply Chain Management
Latest Trends in Blockchain for Supply Chain Management
In 2024, the latest trends in blockchain for supply chain management include increased adoption of blockchain technology by major players in the industry, the development of interoperable blockchain platforms, and the integration of Internet of Things (IoT) devices with blockchain for real-time tracking and monitoring of goods.
Challenges in Implementing Blockchain for Supply Chain Management
The challenges in implementing blockchain for supply chain management in 2024 revolve around issues such as scalability, standardization of protocols, regulatory compliance, and the need for skilled professionals to manage blockchain networks. Additionally, concerns about data privacy and security continue to be significant hurdles in the widespread adoption of blockchain in supply chain management.