Blockchain for Supply Chain Transparency: Enhancing Traceability and Efficiency in the US Logistics Sector

Abstract

Blockchain technology is transforming supply chain management in the U.S. logistics industry by enhancing transparency, traceability, and efficiency. This study explores the potential application of blockchain technology in mitigating significant issues such as fraud, counterfeiting, and operational inefficiencies in logistics networks. As supply networks become more complicated, transactional records that ate safe and secure are therefore important. This is where blockchain comes into play as it offers data integrity while providing real-time visibility into the movement of the product with its decentralized and immutable ledger. Using real-world case studies that show its impact, this article will examine the basic principles of blockchain technology and its applications in the US logistics supply chain. Moreover, blockchain leading its way has a lot of challenges ahead including scalability, interoperability, a robust case of use, and regulatory concerns. The question was, “How can blockchain integration improve transparency, traceability, and efficiency in the US logistics sector?” is the focus of this paper. Blockchain is not only a new technology but will be an important element in developing a supply chain ecosystem that is more secure and effective, as we have shown by the end of this study.