Open AccessDOI
Blockchain in logistics and supply chain : trick or treat?
Niels Hackius,Moritz Petersen +1 more
- Vol. 23, pp 3-18
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Suggested Citation: Hackius, Niels; Petersen, Moritz (2017) : Blockchain in logistics and supply chain: Trick or treat?Abstract:
Blockchain is an emergent technology concept that enables the decentralized and immutable storage of verified data. Over the last few years, it has increasingly attracted the attention of different industries. Especially in Fintech, Blockchain is hyped as the silver bullet that might overthrow today's payment handling. Slowly, the logistics and supply chain management community realizes how profoundly Blockchain could affect their industry. To shed light on this emerging field, we conducted an online survey and asked logistics professionals for their opinion on use case exemplars, barriers, facilitators, and the general prospects of Blockchain in logistics and supply chain management. We found most of our participants are fairly positive about this new technology and the benefits it offers. However, factors like the hierarchical level, Blockchain experiences, and the industry sector have a significant impact on the participants' evaluation. We reason that the benefits over existing IT solutions must be carved out more carefully and use cases must be further explored to get a rather conservative industry, like logistics, more excited about Blockchain.read more
Citations
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A systematic literature review of blockchain-based applications: Current status, classification and open issues
TL;DR: A comprehensive classification of blockchain-enabled applications across diverse sectors such as supply chain, business, healthcare, IoT, privacy, and data management is presented, and key themes, trends and emerging areas for research are established.
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Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers
TL;DR: In this paper, a comprehensive overview of barriers for adopting blockchain technology to manage sustainable supply chains is provided using technology, organizational, and environmental framework followed by inputs from academics and industry experts and then analyzed using the Decision-Making Trial and Evaluation Laboratory (DEMATEL).
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The impact of the blockchain on the supply chain: a theory-based research framework and a call for action
TL;DR: In this paper, the potential implications of the blockchain for supply chain management (SCM) are investigated using four established economic theories, namely, principal agent theory (PAT), transaction cost analysis (TCA), resource-based view (RBV), and network theory (NT).
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Blockchain in Industries: A Survey
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TL;DR: The review reveals that several opportunities are available for utilizing blockchain in various industrial sectors; however, there are still some challenges to be addressed to achieve better utilization of this technology.
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Blockchain for the future of sustainable supply chain management in Industry 4.0
TL;DR: Blockchain technology capabilities for contributing to social and environmental sustainability, research gaps, adversary effects of Blockchain, and future research directions are discussed.
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