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  • https://doi.org/10.1007/978-3-031-13150-9_27Copy DOI Icon

Application of Block Chain Technology by Aggregators in Complex Supply Chains

  • Nov 29, 2022
  • Sudhendar Hanumantha Rao +1 more
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Abstract

Aggregation is the most prevalent emerging business model of E-commerce. Block Chain is an emerging technology leveraging an open, tamper-evident ledger, which can be used in several situations requiring transparent establishment of trust between transacting parties. This offers several benefits like reduced transaction costs, transparency, traceability, and speed of execution. Most existing applications of the aggregation model involve simple supply chains on the supplier side (eg., Uber, OYO, etc.). This article explores how the application of block chain technology in aggregation models involving a complex supply chain scenario to achieve various benefits of merging the two technologies.

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