Randwick International of Social Science Journal
Vol. 6 No. 2 (2025): RISS Journal, April

Blockchain and IoT: The Dynamic Duo Transforming Global Supply Chains

Celestin, Mbonigaba (Unknown)



Article Info

Publish Date
30 Apr 2025

Abstract

This research investigates the integration of Blockchain and the Internet of Things (IoT) to transform global supply chains by enhancing transparency, operational efficiency, and security. A qualitative methodology was adopted, combining secondary data analysis, case studies, and expert interviews to explore the applications, challenges, and benefits of these technologies. Major findings revealed that Blockchain reduced fraud by 30% and IoT improved operational efficiency with a 35% reduction in freight tracking delays. The synergistic integration achieved a 27% cost reduction from 2020 to 2024. Despite hurdles such as high initial costs and interoperability challenges, these technologies present immense potential to optimize workflows, enhance real-time monitoring, and promote sustainability in supply chains. Recommendations include investment in scalable frameworks, standardization efforts, and cybersecurity measures to maximize their benefits.

Copyrights © 2025






Journal Info

Abbrev

rissj

Publisher

Subject

Humanities Social Sciences

Description

The RISS Journal publishes research and analysis papers in the fields of social science include humanities such as anthropology, business studies, communication studies, corporate governance, criminology, history, culture, cross-cultural studies, ethics, education, economy, geography, philosophy, ...