Blockchain-Secured Digital Twin Framework for Fuzzy Multi-Objective Optimization in Supply Chain Finance

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Authors: Hamed Nozari, Zornitsa B. Yordanova
Cited by: 1
References: 24

Abstract

This research presents an integrated framework for supply chain finance in which digital twin, blockchain, and multi-objective fuzzy optimization are used in synergy to improve financial decision-making in dynamic and uncertain environments. In this framework, the digital twin acts as a real-time monitoring and forecasting layer, blockchain acts as a trust and transparency infrastructure, and the optimization model acts as the decision-making core. To evaluate the proposed framework, a scenario-based mathematical model was developed and analyzed using a combination of real-world and simulated data. The results showed that the proposed framework was able to reduce the total cost by 18.6% and increase the return on investment to 12.4%. Also, the use of the digital twin framework significantly reduced financial risks and delays, while the integration of blockchain improved the transparency, traceability, and reliability of transactions and reduced operational errors. Overall, the findings show that this framework has high potential for developing smart, transparent, and resilient financial systems in the supply chain context.

Fields of Study & Subjects

Blockchain Technology Applications and Security Digital Transformation in Industry Advanced Technologies in Various Fields

Publication details

Journal / source
FinTech
Publisher
MDPI AG
Volume
5
Issue
2
Pages
42–42
Publication date
10 May 2026
Language
EN