Using Blockchain for Sustainable Supply Chain Management in Industry 4.0

This chapter examines how blockchain technology might be used to reinvent sustainable supply chain management within the context of Industry 4.0 while also critically addressing the numerous security concerns that are currently existing. It achieves this by exploring the intricate connection between blockchain technology and long-term viability, emphasizing the profound impact that blockchain technology has on confidence, tracking, and openness across intricate global supply networks. The problems and potential, with the goal of addressing concerns regarding security, are addressed. It envisions a future in which blockchain technology, when reinforced by solid security measures, strengthens supply chains that are resilient, transparent, and environmentally responsible. It paves the way for a broad discussion on how to maximize the promise of blockchain technology while also minimizing the hazards associated with Industry 4.0.