IMPACT OF BLOCKCHAIN TECHNOLOGY ON SUPPLY CHAIN TRANSPARENCY
Keywords:
Blockchain Technology, Supply chain Transparency, Supply Chain Management, Digital InnovationAbstract
The growing complexity of supply chains in the global marketplace raises concerns in the field of transparency, traceability, and accountability. The research aims to examine how the adoption of blockchain technology can advance supply chain transparency in the manufacturing and logistics sectors in Pakistan. The main goal is to determine the significance of introducing blockchain in increasing information visibility and operational trust in the supply chain. The survey method of a structured quantitative approach was utilized, and the study was based on the opinions of 300 supply chain executives working in diverse industries. The consistency of the instrument (Cronbach's alpha 0.873) proved that it possessed internal reliability. Statistical regression showed a positive correlation between blockchain adoption and supply chain transparency, with an R2 = 0.482 and p = 0.001. Based on the findings, it is possible to conclude that this technology can enhance traceability, facilitate the sharing of real-time data, and combat fraud. Nonetheless, technological costs and employee resistance were also mentioned. These findings suggest that the research advises a strategic investment in blockchain infrastructure, worker training, and cooperation with technological vendors. The geographic focus and cross-sectional design of the study are its limitations. However, researchers who are keen on policies, supply chain management, and IT strategy can find this research relevant in promoting resilient and transparent supply networks in the digital era