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Supply chain cybersecurity and the implementation of blockchain technology
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| 1.07 MB | Adobe PDF |
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The same information that has massively contributed the evolution of the supply chain productivity for both private and public entities is the same posing companywide cybersecurity threats that has been on the rise due to the digitalization of multiple aspects of the supply chain and the lack of security protocols in thereof. Information and Communication Technologies (ICT) are essential for the flow of goods and services from the starting point until it reaches the end customer. Yet, cybersecurity has not been on the spotlight when it came to supply chain disruptions as much as terrorist attacks or global pandemics despite having the potential to inflict severe damage. Luckily, the evolution of these threats came in parallel with the evolution of technologies that can help prevent and minimize them with blockchain showcasing its ability to ensure transparency along the blockchain, fraud detection and ensuring a time and cost-efficient process. This research will discuss the application of Blockchain technologies in the supply chain network, its horizons and some of its setbacks.
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Supply chain Cyber security Blockchain Technology Threat Digitalization Prevention