AI-Powered Blockchain for Secure and Transparent Supply Chain Management
Abstract
Supply chain management is a critical area where transparency, security, and efficiency are paramount. This paper presents an AI-powered blockchain framework for secure and transparent supply chain management. By integrating machine learning algorithms with blockchain technology, we create a system that can accurately track and predict supply chain events while ensuring data integrity. The blockchain component provides an immutable record of all transactions and product movements, while the AI component analyzes this data to optimize inventory management, predict demand, and detect potential disruptions. Smart contracts are used to automate key processes, such as order fulfillment and payment settlements. Our case studies in the food and pharmaceutical industries demonstrate that the AI-powered blockchain framework not only enhances supply chain transparency but also reduces operational costs and improves customer satisfaction by ensuring timely and accurate deliveries.
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