Critical Success Factors for Blockchain-Based Smart Contracts in Supply Chain Management

Abstract

This study investigates critical success factors crucial for the effective implementation of blockchain-based smart contracts in supply chain management. Through qualitative content analysis of expert interviews, diverse perspectives from industry professionals and blockchain technologists were synthesized. The findings emphasize critical dimensions such as technological infrastructure, stakeholder collaboration, regulatory compliance, data privacy, security, organizational culture, and change management. These factors collectively form a comprehensive framework essential for successful adoption. This research offers valuable guidance for organizations aiming to integrate blockchain-based smart contracts into supply chain operations. The insights derived from eight expert interviews provide strategic direction for practitioners, policymakers, and academics navigating the complexities of blockchain and smart contract technology in supply chain ecosystems.