Abstract
Blockchain has become one of the most promising technologies in various industries. Within the supply chain management (SCM) domain, many researchers and practitioners argue that blockchain technologies can transform the supply chain for the better and shape its future. This review seeks to identify, summarize and analyze the extant literature in order to pinpoint the potential key benefits that the blockchain technologies can introduce into supply chains. Thus, this review aims at presenting the possible solutions that can address common supply chains issues when integrated with blockchain technologies. Six benefits are identified in literature; increased transparency, enhanced security, high veracity of data, cost-reductions, trust and better contract execution. In addition, several challenges were also discussed. Moreover, this paper may provide insights for those who seek pinpointing further research avenues in the blockchain within the SCM context.
Keywords
- Blockchain
- Supply Chain Management
- Literature review
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Bjerkenes, M., Haddara, M. (2020). Blockchain Technology Solutions for Supply Chains. In: Arai, K., Bhatia, R., Kapoor, S. (eds) Proceedings of the Future Technologies Conference (FTC) 2019. FTC 2019. Advances in Intelligent Systems and Computing, vol 1069. Springer, Cham. https://doi.org/10.1007/978-3-030-32520-6_65
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DOI: https://doi.org/10.1007/978-3-030-32520-6_65
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