Follow blockchain research across journals, conferences, and preprint repositories.
719 results · page 7 of 30
Haidi Zhou, Qiang Wang, Xiande Zhao
No abstract is available for this record.
Pavlo Zherzherunov
Blockchain technology is reshaping supply chain management (SCM) by enhancing transparency, traceability, and trust among stakeholders. This study reviews recent applications of blockchain in SCM, focusing on its integration with IoT, smart contracts, and distributed ledger technologies. Key benefits include real-time data sharing, tamper-proof records, and improved coordination across supply chain actors. The article proposes a conceptual blockchain-based model that supports secure data exchange, automated verification, and tokenized asset tracking, aimed at reducing fraud and inefficiencies. Despite its potential, blockchain implementation faces challenges such as scalability, regulatory uncertainty, and interoperability. Through analysis of recent case studies and pilot projects, the paper identifies practical limitations and future directions, including the development of lightweight consensus algorithms and ethical frameworks for decentralized systems. The findings underscore blockchain’s capacity to modernize supply chains, provided that technical and institutional barriers are addressed.
Özgür Karaduman, Gülsena Gülhas
As supply chains become increasingly digitized and decentralized, ensuring security, traceability, and data integrity has emerged as a critical concern. Blockchain technology has shown significant potential to address these challenges by providing immutable records, transparent data flows, and tamper-resistant transaction logs. However, the effective application of blockchain in real-world supply chains requires the careful evaluation of both architectural design and technical limitations, including scalability, interoperability, and privacy. This review systematically examines existing blockchain-based supply chain solutions, classifying them based on their structural models, cryptographic foundations, and storage strategies. Special attention is also given to underexplored humanitarian logistics scenarios. It introduces a three-dimensional evaluation framework to assess security, traceability, and integrity across different architectural approaches. In doing so, it explores key technological enablers, including advanced mechanisms such as zero-knowledge proofs (ZKPs) and cross-chain architectures, to meet evolving privacy and interoperability demands. Furthermore, this study outlines a conceptual cross-chain interaction scenario involving permissioned and permissionless blockchain networks, connected through a bridge mechanism and supported by representative smart contract logic. The model illustrates how decentralized stakeholders can interact securely across heterogeneous blockchain platforms. By integrating quantitative metrics, architectural simulations, and qualitative analyses, this paper contributes to a deeper understanding of blockchain’s role in next-generation supply chains, offering guidance for researchers and practitioners aiming to design resilient and trustworthy supply chain management (SCM) systems.
Rana Hassam Ahmed, Majid Hussain, Ashraf Khalil
Blockchain technology has emerged as a transformative solution for enhancing transparency, security, and efficiency in supply chain management, particularly in the healthcare sector. This paper explores the application of blockchain for improving pharmaceutical supply chains by ensuring the traceability of medicines from manufacturing to end-user delivery. By leveraging decentralized and immutable ledger systems, the proposed solution mitigates the risks of counterfeit drugs and enhances trust among stakeholders. Additionally, the integration of blockchain with Internet of Things (IoT) devices provides real-time monitoring of storage conditions and ensures product integrity. The system also prevents dispensing errors in pharmacies through QR code-based verification, addressing challenges posed by similar-sounding drug names. The study discusses the technical framework, implementation challenges, and the potential of blockchain to revolutionize healthcare logistics, improve patient safety, and increase operational efficiency in pharmaceutical supply chains.
Rana Muhammad Amir Latif, Muhammad Farhan, Jawad Ahmad, Leonardo Mostarda · 5 authors
The Medicine Supply Chain (MSC) faces critical challenges in traceability, transparency, and counterfeit prevention. This paper proposes a Blockchain-based solution using Ethereum smart contracts (developed in Solidity, deployed via Truffle, and tested on Rinkeby and localhost networks) to enhance MSC integrity. The framework introduces consumer authentication, Universal Product Code (UPC) registration, and transaction logging to ensure end-to-end drug traceability. By embedding multilingual UPCs (e.g., Urdu, Hindi), the system improves accessibility for diverse healthcare users, who can verify medicine authenticity via QR codes or a dedicated mobile app. The study examines scalability challenges (e.g., managing 100K+ UPCs in large healthcare networks) and evaluates the shifting dynamics among stakeholders (suppliers, processors, retailers). Public Blockchain implementation demonstrates potential for decentralized, tamper-proof record-keeping, though trade-offs in efficiency and adoption barriers persist.
Tengfei Wang, Xiangfu Zhao, Jiarui Zhang
No abstract is available for this record.
Roghayyeh Alizadeh, Mohammad Reza Akbari Jokar
No abstract is available for this record.
Varun Gawarikar
This paper proposes an integrated fintech–insurtech architecture that embeds insurance directly into logistics and trade workflows using digital networks, distributed ledger technologies, and real-time risk analytics. Drawing on network effects, game theory, and empirical observations from inland transport and cargo insurance markets in India, the paper models strategic interactions among insurers, shippers, transporters, and trade finance providers. The study introduces an ordinal risk classification framework and a self-sustaining quarterly cargo claims cycle designed to stabilize liquidity, optimize premium pricing, and reduce information asymmetry, particularly for MSMEs operating in fragmented supply chains. By repositioning insurance as a continuously embedded financial infrastructure rather than a post-loss settlement mechanism, the framework demonstrates how digitally native insurance systems can improve trust, capital efficiency, and resilience across integrated logistics and trade ecosystems.
SeyyedHossein Barati
This study investigates the impact of blockchain technology on demand forecasting and the associated costs in supply chain management using system dynamics modeling. With the increasing complexity and challenges of demand prediction in modern supply chains, the potential of blockchain to enhance the accuracy of demand forecasting and reduce related costs has become a critical area of interest. The research employs system dynamics to model the interrelationships between key factors such as blockchain adoption, data accuracy, transaction transparency, and supply chain performance. The findings highlight that blockchain integration significantly improves demand forecasting accuracy by ensuring real-time data sharing, reducing information asymmetry, and enhancing decision-making processes. Moreover, the simulation results show that blockchain adoption can reduce forecasting errors, thereby lowering operational costs. This research contributes to the existing literature by demonstrating the practical benefits of blockchain in supply chain operations, offering valuable insights for practitioners and researchers. It also provides a foundation for future studies to explore the scalability of blockchain in different sectors and its broader applications in optimizing supply chain functions.
Marta Rinaldi, Mario Caterino, Stefano Riemma, Roberto Macchiaroli · 5 authors
Background: Emergency scenarios present unprecedented challenges for supply chains worldwide, particularly in the management and distribution of critical supplies, where timely delivery and maintaining integrity are crucial. Methods: This article explores an innovative approach to enhance the emergency management of supply chains using blockchain technology and simulation-based modelling. The proposed methodology aims to tackle issues such as transparency, efficiency, and security, which are vital for managing logistics during crises. A case study involving a vaccine rollout is used to demonstrate how blockchain can optimise supply chain operations, reduce bottlenecks, and ensure better traceability and accountability throughout the process. The case study is specifically developed based on the distribution of COVID-19 vaccines in Italy. Results: The integration of blockchain technology not only enhances data integrity and security but also facilitates real-time monitoring and decision-making. Conslusions: The findings suggest that the proposed blockchain-based model can significantly improve supply chain resilience in emergency situations compared to traditional methods, thereby offering valuable insights for policymakers and supply chain managers facing future crises.
Bruna Alves Lima, Gilberto Miller Devós Ganga, Moacir Godinho Filho, Luis Antonio de Santa-Eulália · 7 authors
Purpose Using the resource-based view (RBV), our study aims to provide theoretical and empirical insights into blockchain capabilities’ (BCs) compounded and sequential effects on supply chain competitive advantages (CA). Design/methodology/approach We combined a systematic literature review and an expert interview. Interpretive Structural Modelling and a Matrix of Cross-Impact Multiplications Applied to Classification were used to determine the relationship between the capabilities. Simple Additive Weighting assessed each capability’s relative importance and impact. Findings We reveal a sequential development path for BCs. Foundational capabilities, such as cybersecurity, provide immediate performance benefits, establishing a unique, valuable and inimitable resource. As firms progress to advanced capabilities, the compounded value of these capabilities generates a stronger, dynamic resource for sustained CA. Moreover, the study underscores the strategic importance of timing in adopting and developing BCs, as early adoption can secure a competitive edge difficult for later entrants to replicate. Practical implications Our proposed framework guides managers in incorporating blockchain technology into supply chain management (SCM) processes once it demonstrates that firms can enhance their CA by prioritizing the technical basics BC, leveraging the informational capabilities in level two and enabling effective problem-solving through level three. Our framework also shows that a learning process occurs as BCs are used and their results are explored. Originality/value Our study extends the RBV by demonstrating BCs’ cumulative and interdependent nature in SCM. It emphasizes the synergistic interactions between these capabilities, which collectively enhance CA.
Ling Li, Shiyi Yan, Shuxia Peng, Pengwen Hou
No abstract is available for this record.
M. Siva Ramkumar, M. Arun, Gokul Gopan, Jayant Giri · 5 authors
Supply chain resilience is vital for ensuring smooth operations, especially in logistics, where transparency and risk mitigation are critical for managing disruptions. Integrating blockchain technology offers a robust solution to enhance supply chain visibility and minimize risks across logistics networks. Traditional supply chain systems often face challenges such as lack of transparency, inefficient tracking, and susceptibility to fraud, leading to risk management vulnerabilities. These issues are exacerbated by the reliance on centralized systems, which can lead to information silos and delayed decision-making in times of disruption. We propose a Supply Chain Resilience using Blockchain Technology (SCR-BCT) framework to address these challenges. SCR-BCT leverages blockchain's decentralized and immutable nature to enhance transparency, facilitate real-time tracking, and ensure the authenticity of data across the supply chain. The framework enables automated compliance checks and secure transaction records by integrating smart contracts and distributed ledgers. The proposed method can monitor shipments, track products from origin to destination, and trigger risk mitigation protocols during unforeseen events like delays or disruptions. This system empowers all stakeholders with realtime visibility and ensures accountability at each stage of the logistics process. The research findings suggest that SCR-BCT significantly enhances supply chain resilience by improving transparency, reducing fraud, and enabling faster, data-driven responses to risks, leading to more reliable and efficient logistics operations.
Benedict Jun, Shuai Liu, George Q. Huang, C.T. Ng
Abstract Blockchain technology is increasingly used to ensure the authenticity of product information in supply chains. As digital transparency becomes a key factor in modern commerce, the evaluation of blockchain’s value becomes important. In this paper, we model a supply chain with a manufacturer and an online retailer to study the role of blockchain in the marketplace and wholesale price models. Particularly, we take consumer quality preference into account and examine its impact on blockchain adoption. We discuss how blockchain ensures the authenticity of quality information shared between the manufacturer and retailer while improving consumers’ perceived product value. Our findings indicate that blockchain enhances information transparency and reduces the impact of commissions on pricing in the wholesale price model, which is beneficial to both the manufacturer and the retailer. This is significantly advantageous when quality-conscious consumers dominate the marketplace model. We recommend that the manufacturer and retailer should assess consumer preferences for product quality and carefully weigh the cost of implementing blockchain. Blockchain reduces constraints from commission-driven pricing, offering greater flexibility in business model selection. Additionally, transparency improvements are crucial when implementing blockchain in the marketplace model.
M G Divyajyothi, Rachappa Jopate, J Lenin
Blockchain technology has emerged as a powerful tool for enhancing trust and security in a variety of contexts. It has the potential to completely transform a variety of industries, from finance and healthcare to supply chain management and beyond, by enabling safe and open record-keeping. A decentralized ledger that securely and publicly records transactions is known as a blockchain. Each block in the chain is added to the chain immutably and permanently once a network of computers confirms a set of transactions contained within. Because the information saved on the Blockchain is safe and cannot be altered or deleted, there is a high level of trust and transparency. The ability of Blockchain technology to do away with the need for middlemen in transactions is one of its main advantages. By creating a decentralized network that allows for direct peer-to-peer transactions, it can significantly reduce the costs and inefficiencies associated with traditional intermediaries such as banks, lawyers, and brokers. This has the potential to disrupt a wide range of industries, from finance and real estate to healthcare and logistics. Blockchain technology also has the potential to enhance trust and security in a variety of contexts. For example, in the realm of finance, Blockchain-based systems can enable secure and transparent record-keeping of financial transactions, reducing the risk of fraud and error. Similarly, in the realm of healthcare, Blockchain-based platforms can make it easier to share medical records securely and effectively while protecting patient privacy. Supply chain management is another industry that Blockchain technology has the potential to disrupt. It can lessen fraud, counterfeiting, and other types of wrongdoing by offering a clear and secure record of each stage in the supply chain, from production to distribution. This is particularly significant in sectors like food and medicines where public health depends on the supply chain’s integrity. Despite these potential advantages, before it can realize its full potential, blockchain technology must overcome a lot of challenges as it is still in its infancy. One of the main problems is scalability because the current Blockchain-based solutions have limitations. Efforts are underway to address this issue through the development of new consensus mechanisms and other technologies. Another challenge is regulatory uncertainty, as the legal and regulatory framework surrounding Blockchain technology is still evolving. In order to achieve widespread adoption, there needs to be greater clarity and consistency in the regulatory environment. This chapter aims to provide an overview of the potential of Blockchain technology, its challenges and limitations, and the opportunities it presents for the future of trust.
Tomaž Kukman, Sergej Gričar
This article delves into the transformative impact of blockchain technology on enhancing transaction quality and efficiency. Since the emergence of blockchain alongside Bitcoin in 2008, its decentralised and transparent nature has significantly improved transaction speed, security, and cost efficiency. These advancements have solidified blockchain as a foundational innovation in financial services. The paper examines critical milestones in blockchain, including Bitcoin, Ethereum, and Binance Coin (BNB), and their role in reshaping global finance by automating processes and reducing reliance on intermediaries. Additionally, the study evaluates blockchain’s impact on quality management, particularly emphasising how its immutable ledger system enhances the reliability and transparency of financial transactions. Despite challenges such as scalability, energy consumption, and regulatory hurdles, the potential for blockchain to redefine transaction quality in financial services is evident. This research contributes to the growing body of literature by integrating blockchain technology and traditional quality management systems, providing a comprehensive perspective on how the two domains influence one another. The findings underscore blockchain’s ability to drive innovation in financial services while addressing security, efficiency, and operational quality concerns.
Mohammad Rashed Hasan Polas, Asghar Afshar Jahanshahi, Mohammad Ekramol Islam, Ahmed Imran Kabir · 6 authors
ABSTRACT Blockchain technology has a great potential to transform how businesses approach sustainability by offering transparency, efficiency, and accountability across various processes. By adopting blockchain, businesses can not only meet growing consumer and regulatory demands for sustainability but also create competitive advantages by promoting resource efficiency, fostering trust, and building eco‐conscious operations. Building on dynamic capabilities lens within the resource‐based view (RBV) framework, and in order to know about antecedents and consequences of blockchain technology adoption, this study investigates how three types of organizational capabilities—namely, innovation capability, information‐sharing capability, and technological capability—may facilitate the blockchain technology adoption and most importantly, how such adoption could impact firm performance. To test our research hypotheses, we collected survey data from 198 electronics companies in Dhaka, Bangladesh. The structural equation modelling has been used to test the model hypothesis. The findings showed that all three organizational capabilities—innovation capability, information‐sharing capability, and technological capability—significantly facilitate blockchain technology adoption, which in turn leads to enhanced firm performance in small‐ and medium‐sized enterprises, demonstrating the strategic value of blockchain in driving sustainability and competitiveness in electronics companies.
Michael Lustenberger, Florian Spychiger
Purpose This paper investigates the influence of blockchain technology on trust and transparency within supply chain management. While existing research suggests blockchain has revolutionary potential, real-world evidence remains limited. This study aims to bridge this gap. Design/methodology/approach The research relies on transaction cost analysis and principal-agent theory to develop a conceptual model. The model proposes how blockchain fosters trust and transparency, ultimately leading to a market-based governance model within supply chains. Five different blockchain applications were analyzed in a multi-case study through document reviews and expert interviews to test the model’s assumptions. Findings The study’s findings challenge initial assumptions. The complexity of blockchain networks and a reluctance to share information among participants hinder blockchain technology’s ability to increase trust and transparency. Consequently, the expected reduction in opportunism and uncertainties is not observed, and a market-based governance model fails to materialize. In practice, supply chain partners gravitate toward permissioned blockchains managed by established consortia. Acting as trusted third parties, these consortia assume control over network management, rendering blockchain essentially unnecessary. Originality/value This paper sheds light on the practical limitations of blockchain technology in revolutionizing supply chain management. While blockchain promises much, the findings suggest that established consortia currently play a more critical role in fostering trust and transparency within supply chains.
Jing Xue, Guo Li, Dmitry Ivanov
No abstract is available for this record.
Petri Helo, Yuqiuge Hao, Angappa Gunasekaran
Non-fungible tokens (NFT) are secured storage methods for unique and non-interchangeable data items. While NFTs are commonly associated with digital arts and the cryptocurrency market, the paper explores their potential in industrial applications, particularly within operations and supply chain management. The paper introduces the technology and key processes of NFTs, providing a foundation for understanding their application in operations and supply chains. The design science method is employed by conducting requirement collection with a small group of experts and based on this a set of potential applications for operations and supply chain management is outlined. Five use case applications are presented from the requirements management point of view. The artefact developed in the process is a sample implementation, demonstrating how NFTs can be practically employed to address specific operational requirements. The results indicate that physical components, digital assets, uniqueness of the entity, contracts, security, and multiple stakeholders collectively enable various use cases where NFTs can provide value.
Ma Del Valle Fernández Moreno, Juan Miguel Alcántara-Pilar, Marta Tolentino
Abstract This paper presents the results of a bibliometric analysis concerning the application of blockchain technology to logistics. It aims to discern the relational structure among past and current topics, predict emerging trends, and provide a longitudinal perspective on this research domain. Using co-word analysis techniques, we employ SciMAT software to analyze over 800 papers from 2016 to March 2023. The investigation enhances the understanding of blockchain technology, revealing that scientific production in this area revolves around eight primary thematic clusters. Visual representations of the results are provided through longitudinal maps and strategic diagrams, illustrating pivotal themes across the three study periods: blockchain and sustainability. Smart contracts emerge as a focal topic in the final period under consideration.
Tommaso Agnola, Luca Ambrosini, Edoardo Beretta, Giuliano Gremlich
Global supply chains, especially in commodity trading, are plagued by fragmentation, lack of transparency, and trust deficits among participants. These issues lead to inefficiencies, increased costs, and an over-reliance on intermediaries. The present Communication describes a blockchain-based platform that leverages Self-Sovereign Identity (SSI) and Verifiable Credentials (VCs) to address these challenges in supply chain management. Developed in collaboration with coffee industry stakeholders, our approach proposes a platform with an integrated marketplace for seller discovery, enables precise order definition with detailed terms and conditions, and actively guides both buyers and sellers throughout the shipping process, managing financial guarantees and ensuring a secure transaction flow. The platform is compatible with both traditional banking infrastructure and modern crypto-based systems, enabling seamless financial transactions. In cases where disputes arise, we empower users to easily collect all communications and documents to present to legal authorities, expediting the resolution process. The platform is implemented using the Internet Computer Protocol (ICP) for secure, on-chain storage and application hosting, and is integrated with the Ethereum blockchain to leverage its extensive decentralized finance (DeFi) ecosystem, significant liquidity, and robust stablecoin infrastructure, thereby facilitating secure financial transactions. Moreover, we introduce an SSI-based authentication and authorization framework that spans across the entire platform, including both the Ethereum Virtual Machine (EVM) and Internet Computer Protocol (ICP), enabling unified role-based access control through verifiable credentials. A value-added of the present Communication, the framework is demonstrated by means of a detailed case study in the coffee industry, highlighting the technical challenges addressed during implementation. While quantitative efficiency metrics will be established through upcoming real-world testing with industry partners, the platform’s design aims to streamline operations by reducing intermediary dependencies and automating key processes. Finally, the Communication provides insights into its adaptability to other industries facing comparable supply chain challenges, presenting an approach focused on enhancing trust and reducing reliance on intermediaries.
Lin Wang, Zeng Yu, Yongshun Xu, Ming Chi · 5 authors
In the era of globalization, enhancing construction supply chain resilience (CSCR) has become essential. Traditional supply chains face issues like information asymmetry, trust deficits, and inefficiencies, weakening their resilience. Blockchain offers a solution by improving transparency, trust, and coordination, but its impact on CSCR remains unclear. This study addresses the gap by developing a moderated mediation model to explore how blockchain influences CSCR through supply chain integration and the moderating role of environmental uncertainty. Data from 310 senior managers in Chinese construction firms were analyzed using structural equation modeling. The results showed that blockchain significantly improves CSCR, mediated by operational, informational, and relational integration, particularly under high uncertainty environments. The findings highlight blockchain’s potential to strengthen CSCR and provide theoretical insights into its mechanisms, offering practical guidance for construction companies to enhance supply chain processes through blockchain implementation.
Syed Abdul Rehman Khan, Adnan Ahmed Sheikh, Ibrahim Rashid Al Shamsi, Yu Zhang
In today’s fast-paced business settings, the metaverse as a shared marketplace has gained popularity and is helping businesses to develop crucial business strategies in their pursuit of sustainable performance. However, a lack of understanding and knowledge about the effectiveness of the metaverse and its related technologies creates a barrier. Therefore, the current study fills this gap and uses organizational information-processing theory to develop the theoretical framework to examine metaverse-related technologies (artificial intelligence and blockchain technology—BCT) and their direct and indirect effects on sustainable business performance, which no other study has examined. Using purposive sampling, the sample data from 326 SMEs were gathered and analyzed using a partial least square structural equation modeling (PLS-SEM). This study’s findings revealed that AI capabilities are vital for information gathering, analyzing, and decision-making in the metaverse context. BCT facilitates ensuring a transparent, visible, traceable, and immutable supply chain, which helps make it more resilient and improves the closed-loop supply chain (CLSC) system with positive technological advancements and significant effects on increasing sustainable business performance (SBP). This study’s findings help organizations understand the potential benefits of AI-enabled SMEs’ presence in the metaverse. The current investigation provides a strategy for managers to gain a competitive advantage, make the supply chain more robust, and enhance overall business performance.