The role of BlockChain Technology in Addressing Supply Chain Challenges: Requirements and Policies

With the advent of data encryption technology and the creation of decentralized platforms, today there has been a dramatic change in the security of data storage and e-datas transmissions. These developments allow for the development of various sectors of the country's wages and economy, including the supply chain. The supply chain management sector faces challenges such as the lack of transparency in identifying the source of supply or distribution of commercial goods, the lack of exchange security and the tension in contracts concluded in this area that the implementation of the BlockChain as the most advanced decentralized platform exists. It can be a solution to the challenges. This platform, with transparency, the existence of mechanisms to prevent the occurrence or resolution of online disputes and the elimination of financial intermediaries in electronic transactions, allows for the achievement of the goals set. But its implementation in an system faces challenges such as scalability, connectivity, standardization, and some legal challenges that the solving them needs some law and executional policies.