Understanding blockchain innovation in supply chain and logisticsindustry

Abstract

Modern business industries nowadays are embracing innovation in their use of technology tools, latest of which is the utilization of “Blockchain Innovation”. This Blockchain Innovation is impetus towards successful delivery of supply chain and logistics industries. The main objective is to execute well-researched literature review in-tune with systematic process of engaging updated research studies. There were about twenty to twenty-five scholarly reviewed journals included for the systematic analysis of scholarly informed literature studies. Thus, by engaging into systematic reviews of 20-25 recent academic grounded journals, the researcher desires to know and to establish substantial elements of blockchain innovation that supports a valuable execution of supply chain management and logistics within modern hubs of business trading and market positioning. In realization of the study, blockchain innovation serves as best option in today’s business centers especially those using up-to-date machineries like online application of products and services.