Sha’riah compliance of management of goods and services movement which transform raw materials into final products and distribute it to the end users.
Published in Chapter:
Role of Smart Contracts in Halal Supply Chain Management
Yudi Fernando (Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia), Mohd Ridzuan Darun (Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia), Basheer Al-haimi (Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia), Daing Nasir Ibrahim (Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia), Marco Tieman (Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia), and Fazeeda Mohamad (Faculty of Industrial Management, Universiti Malaysia Pahang, Malaysia)
Copyright: © 2021
|Pages: 8
DOI: 10.4018/978-1-7998-3473-1.ch173
Abstract
Now, more than ever, with the existence of the new blockchain technology, smart contracts started its revolution. Although the industry has been practices smart contracts using blockchain technology, limited study available on how blockchain technology contributes to Halal supply chain management. Thus, the aim of this chapter is to review the roles, promises and benefits of smart contracts based on blockchain technology for Halal supply chain management applications. An extensive literature exploration is conducted to reveal the existing literature on smart contracts using blockchain technology. The authors have faith in that the findings in this chapter can be used as a solid base for the researchers and practitioners of smart contracts in Halal supply chain management.