Blockchain Technology Applied to Health Care Supply Chain Conference Paper uri icon

abstract

  • Supply Chain Management (SCM) has grown in the last years due to the changing and evolutionary environment. The SCM has become fundamental for gaining financial and social, among others, benefits. Currently, the traditional SCM mechanisms have some areas of improvement, such as the transparency and lack of information, long waiting times for information retrieval and data fidelity. The past months our daily lives have been changing in a drastic way due to COVID-19 and some industries were affected but with this change there has been some opportunities to improve. In this article we describe the main concepts about the blockchain technology, the smart contracts, and their main use. We talk about different areas that these technologies could help to improve in different ways of their internal and external processes. Our main discussion is the description and improvement in the performance inside a supply chain, how it could be possible to speed up the information sharing, how a smart contract could be applied to a consumer-supplier relationship in the healthcare supply chain and the benefits that it would bring to it due to the quick times that this area demands because of the nature of their transactions and operations that are critical to maintain the needs of the industry. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

publication date

  • 2022-01-01