Research on Empowering Traditional Chinese Medicine Sales Supply Chain with Blockchain Technology

Xuehua Cheng () and Xiaofeng Cao
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Xuehua Cheng: Anhui Sanlian University, Employment and Entrepreneurship Department
Xiaofeng Cao: Anhui Sanlian University, Employment and Entrepreneurship Department

A chapter in Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), 2024, pp 1028-1037 from Springer

Abstract: Abstract The current sales of traditional Chinese medicine face a series of problems such as lack of trust between trading parties, low logistics and distribution efficiency, and difficulties in financing for small and medium-sized enterprises (SMEs). To address these issues, the research team conducted a study on empowering the traditional Chinese medicine sales supply chain with blockchain technology. Based on the characteristics of blockchain technology, the research team conducted systematic research on transaction security and trust, financing methods, logistics and distribution, and constructed a traditional Chinese medicine blockchain information platform. The results showed that empowering the traditional Chinese medicine sales supply chain with blockchain technology is an important guarantee in the implementation of rural revitalization. It can provide a safe and reliable platform for traditional Chinese medicine sales and effectively solve a series of problems. Therefore, the application of blockchain technology in the traditional Chinese medicine sales supply chain will provide important support and promotion for rural revitalization.

Keywords: Traditional Chinese medicine sales; Blockchain; Supply chain (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-256-9_101

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DOI: 10.2991/978-94-6463-256-9_101

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