Pitfalls and Challenges of Blockchain in Supply Chain and Logistics

Abstract

The potential impact of block chain on supply chain management has been explored by many authors, and indeed, many articles in the popular press extol the benefits of blockchain in supply chain management. In simple terms, blockchain is a distributed ledger system, or a record book, except that it is not maintained by a single person but by anyone who is interested in keeping the records. Since blockchain is a new and revolutionary concept in technology, more techies are interested in it. However, it also has certain disadvantages. The purpose of this study is to explain the challenges and pitfalls of blockchain in supply chain and logistics. Using a systematic literature review method, this chapter identifies 31 publications that discuss the challenges and pitfalls associated with blockchain in supply chain and logistics.