BLOCKCHAIN TECHNOLOGY AND ITS POTENTIAL FOR SUSTAINABLE SUPPLY CHAINS

Authors

  • Akhmedova Mavluda Associate Professor of the department of Management, International School of Finance Technology and Science (ISFT institute), Uzbekistan

Keywords:

Blockchain Technology, Sustainable Supply Chains, Resource Optimization, Economic Sustainability, Technological Innovation.

Abstract

Blockchain technology has emerged as a transformative solution for enhancing sustainability in supply chains by offering transparency, traceability, and efficiency. In the context of Uzbekistan, this technology holds significant potential to address critical challenges in the country's supply chain systems, such as inefficiencies, lack of trust, and environmental concerns. This article explores the applicability of blockchain in fostering sustainable practices, including reducing waste, enhancing resource optimization, and ensuring ethical sourcing. It also examines the current state of Uzbekistan's supply chains and assesses the readiness of its technological and regulatory frameworks to adopt blockchain solutions. By integrating case studies, statistical analyses, and projections, this research highlights how blockchain technology can drive innovation and sustainability, contributing to Uzbekistan's economic and environmental goals. 

References

Abdullayev, A., & Karimov, B. (2020). Digital Economy and Blockchain Integration in Uzbekistan: Challenges and Opportunities. E3S Web of Conferences 159, BTSES-2020.

Usmanov, I., & Tursunov, M (2021). Blockchain Technology and Sustainable Development: The Uzbek Perspective. This paper investigates the applications of blockchain in Uzbekistan’s agricultural and industrial supply chains, emphasizing environmental and operational benefits.

Kurbanov, F., Blockchain Potential for Enhancing Transparency in Uzbekistan's Supply Chains, ResearchGate, 2019.

Park, A., & Li, H.(2021). The Effect of Blockchain Technology on Supply Chain Sustainability Performances.

National Project Management Agency under the President of Uzbekistan (2019). "Digital Trust Fund for Blockchain Implementation".

Published

2024-11-15

How to Cite

Akhmedova Mavluda. (2024). BLOCKCHAIN TECHNOLOGY AND ITS POTENTIAL FOR SUSTAINABLE SUPPLY CHAINS. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(11), 67–70. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/4448

Similar Articles

<< < 26 27 28 29 30 31 32 33 34 35 > >> 

You may also start an advanced similarity search for this article.