Perspectives for the implementation of blockchain technology in the supply chain: research, trends and future

Bruno Sales Salvador; Alexandre Tadeu Simon

doi:10.5585/exactaep.2022.21184

Authors

Bruno Sales Salvador Methodist University of Piracicaba (UNIMEP) / Piracicaba, SP https://orcid.org/0000-0001-6146-4341
Alexandre Tadeu Simon Methodist University of Piracicaba (UNIMEP) / Piracicaba, SP https://orcid.org/0000-0003-1422-2766

DOI:

https://doi.org/10.5585/exactaep.2022.21184

Keywords:

blockchain, supply chain, implementation

Abstract

The rise of new technologies is pushing companies to a new digital era. Among all technologies, one that has been gaining prominence is blockchain, which has potential for improving processes and enhance business models in supply chain. The implementation of blockchain technology in the supply chain is promising as it can bring benefits to everyone involved in the chain, among them, highlight for reliability, security, transparency, traceability and authenticity of information. Nonetheless, its application is still in the initial phase and this paper aims to shed light on the current research, trends and future related in the literature. Through an RSL (Systematic Literature Review) is identified how recent and innovative are studies published about the subject, as well as how researchers and universities are working on that around the world. The conclusion is that the issue has been attracting attention from academics, with researches dispersed in several countries and universities around the world, with growth potential. It was also identified a few papers with a high impact factor or citied many times, while these usually brings features as security, transparency and sustainability. Despite the advantages and potential, there is still a lack of empirical studies, characterizing a good gap for potential future research.

Downloads

Download data is not yet available.

Author Biographies

Bruno Sales Salvador, Methodist University of Piracicaba (UNIMEP) / Piracicaba, SP

Bruno Sales Salvador is currently a master's student in the postgraduate program in production engineering at Methodist University of Piracicaba (Brazil). He has a degree in Production Engineering at Methodist University of Piracicaba (Brazil), with a period of academic exchange at Technical University of Berlin (Germany). He works professionally in the Logistics and Supply Chain Management area in the automotive industry.

Alexandre Tadeu Simon, Methodist University of Piracicaba (UNIMEP) / Piracicaba, SP

Alexandre Tadeu Simon has a degree in Mechanical Engineering at Júlio de Mesquita Filho State University (Brazil). Master in Mechanical Engineering at State University of Campinas (Brazil). PhD in Production Engineering at Methodist University of Piracicaba (Brazil). His lines of research are related to Logistics, Supply Chain Management and Industry 4.0. He is currently a professor in the Postgraduate Program in Production Engineering at Methodist University of Piracicaba.

References

Ahmadi, V., Benjelloun, S., El kik, M., Sharma, T., Chi, H., & Zhou. W. (2020). Drug Governance: IoT-based Blockchain Implementation in the Pharmaceutical Supply Chain. Institute of Electrical and Electronics Engineers.

Al-Jaroodi, J., Mohamed, N. (2019). Blockchain in Industries: A Survey. IEEE Access, 7, 36500-36515.

Betti, Q., Khoury, R., Halle, S., & Montreuil, B. (2019). Improving Hyperconnected Logistics with Blockchains and Smart Contracts. IT Professional, 21(4), 25-32.

Bowersox, D. J., Closs, D. J., & Cooper, M. B. (2006). Gestão logística da cadeia de suprimentos. São Paulo: Editora Bookman, 2006.

Bumblauskas, D., Mann, A., Dugan, B., & Rittmer, J. (2020). A Blockchain use case in food distribution: Do you know where your food has been? International Journal of Information Management, 52, 102008.

Chang, S. E., Chen, Y. C., & LU, M. F. (2019) Supply chain re-engineering using blockchain technology: A case of smart contract-based tracking process. Technological Forecasting and Social Change, 144, 1-11.

Choi, T. M., & Luo, S. (2019). Data quality challenges for sustainable fashion supply chain operations in emerging markets: Roles of blockchain, government sponsors and environment taxes. Transportation Research Part E: Logistics and Transportation Review. 131, 139-152.

Council of Supply Chain Management Professionals (CSCMP). (2020). CSCMP’s definition of supply chain management. Available at https://cscmp.org/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms.aspx Access in: 20 June 2021.

Collomb, A., & Sok, K. (2016) Blockchain / Distributed Ledger Technology (DLT): what impact on the financial sector? Digiworld Economic Journal, 103, 93-111.

Figorilli, S., Antonucci, F., Costa, C., Pallottino, F., Raso, L., Castiglione, M., Pinci, E., Del Vecchio, D., Colle, G., Proto, A. R., Sperandio, G., & Mesensatti, P. A. (2018). Blockchain implementation prototype for the electronic open source traceability of wood along the whole supply chain. Sensors, 18 (9).

Gausdal, A. H., Czachorowski, K. V., & Solesvik, M. Z. (2018). Applying Blockchain technology: Evidence from Norwegian companies. Sustainability (Switzerland), 10(6).

Gonczol, P., Katsikouli, P., Herskind, L., & Dragoni, N. (2020). Blockchain Implementations and Use Cases for Supply Chains - A Survey. IEEE Access, 8, 11856-11871.

Gopalakrishnan, P. K., Ananth, V., Lewis, K., & Behdad, S. A Decision-Making Framework for Blockchain Technology Selection. Smart and Sustainable Manufacturing Systems. 3(2), 20190021.

Grest, M., Lauras, M., Montarnal, A., Sarazin, A., & Bousseau, G. A. (2019). Meta Model for a Blockchain-based Supply Chain Traceability. In: Proceedings of the 2019 International Conference on Industrial Engineering and Systems Management, 458-463.

Gromovs, G., & Lammi, M. (2017). Blockchain and internet of things require innovative approach to logistics education. Transport Problems, 12, n. Special Edition, 23-34.

Harshavardhan Reddy, B., Aravind Reddy, Y., & Sashi Rekha, K. (2019) Blockchain: To improvise economic efficiency and supply chain management in agriculture. International Journal of Innovative Technology and Exploring Engineering, 8, n. 12, 4999-5004.

Hastig, G. M., & Sohdi, M. S. (2019). Blockchain for Supply Chain Traceability: Business Requirements and Critical Success Factors. Production and Operations Management. 29 (4), 935-954.

Helo, P., & Hao, Y. (2019). Blockchains in operations and supply chains: A model and reference implementation. Computers and Industrial Engineering, 136, 242-251.

Ivanov, D., Dolgui, A., & Sokolov, B. (2019). The impact of digital technology and Industry 4.0 on the ripple effect and supply chain risk analytics. International Journal of Production Research. 57(3), 829-846.

Juma, H., Shaalan, K., & Kamel, I. (2019). A Survey on Using Blockchain in Trade Supply Chain Solutions. IEEE Access, 7, 184115-184132.

Kayikci, Y., Subramanian, N., Dora, M., & Bhatia, M. S. (2020). Food supply chain in the era of Industry 4.0: blockchain technology implementation opportunities and impediments from the perspective of people, process, performance, and technology. Production Planning and Control. 1-21.

Kshetri, Nir (2017). Blockchain's roles in strengthening cybersecurity and protecting privacy. Telecommunications Policy, 41, 1027–1038.

Kshetri, Nir (2018). Blockchain’s roles in meeting key supply chain management objectives. International Journal of Information Management, 39, 80–89.

Kouhizadeh, M., Zhu, Q. Y., SARKIS, J. (2019) Blockchain and the circular economy: potential tensions and critical reflections from practice. Production Planning & Control. 1-17.

Kumar, A., Liu, R., Shan, Z. (2020). Is Blockchain a Silver Bullet for Supply Chain Management? Technical Challenges and Research Opportunities. Decision Sciences, 51 (1), 8-37.

Longo, F., Nicoletti, L., Padovano, A., D'Atri, G., & Forte, M. (2019). Blockchain-enabled supply chain: An experimental study. Computers and Industrial Engineering. 136, 57-69.

Meng, W., Tischhauser, E. W., Wang, Q., Wang, Y., & Han, J. (2018). When Intrusion Detection Meets Blockchain Technology: A Review. IEEE Access, 6, 10179-10188.

Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System. Available at <https://bitcoin.org/bitcoin.pdf>. Access in: July 18, 2021.

Palm, E.; Bodin, U.; Schelén, O. (2020). Approaching Non-Disruptive Distributed Ledger Technologies via the Exchange Network Architecture. IEEE Access, 8, 12379-12393.

Perboli, G., Musso, S., & Rosano, M. (2018). Blockchain in Logistics and Supply Chain: A Lean Approach for Designing Real-World Use Cases. IEEE Access, 6, 62018-62028.

Pournader, M., Shi, Y., Seuring, S. & Koh, S. C. L. (2019). Blockchain applications in supply chains, transport and logistics: a systematic review of the literature. International Journal of Production Research, 2019.

Reyes, P. M., Visich, J. K., & Jaska, P. (2020). Managing the Dynamics of New Technologies in the Global Supply Chain. IEEE Engineering Management Review, 48(1), 156-162.

Rouhani, S., & Deters, R. (2019). Security, Performance, and Applications of Smart Contracts: A Systematic Survey. IEEE Access, 7, 50759-50779.

Saberi, S., Kouhizadeh, M., & Sarkis, J. (2019). Blockchains and the Supply Chain: Findings from a Broad Study of Practitioners. IEEE Engineering Management Review. 47 (3), 95-103.

Saberi, S., Kouhizadeh, M., Sarkis, J., & Shen, L. (2019). Blockchain technology and its relationships to sustainable supply chain management. International Journal of Production Research. 57(7), 2117-2135.

Schrauf, S., & Berttram, P. (2016). Industry 4.0: How digitization makes the supply chain more efficient, agile, and customer-focused. PwC, Germany, 2016.

Subramanian, G., & Thampy, A. S. (2021). Implementation of Hybrid Blockchain in a Pre-Owned Electric Vehicle Supply Chain. IEEE Access, 9, 82435-82454.

Torres-Carrion, P. V., Gonzales-Gonzales, C. S., Aciar, S., & Rodríguez-Morales, Germania. (2018). Methodology for systematic literature review applied to engineering and education. In: IEEE Global engineering education conference (EDUCON), Santa Cruz de Tenerife, Islas Canarias, Spain, 1364–1373.

Toyoda, K., Mathiopoulos, P. T., Sasase, I., & Ohtsuki, T. (2017). A Novel Blockchain-Based Product Ownership Management System (POMS) for Anti-Counterfeits in the Post Supply Chain. IEEE Access, 5, 17465-17477.

Venkatesh, V. G., Kang, K., Wang, B., Zhong, R., & Zhang, A. (2020). System architecture for blockchain based transparency of supply chain social sustainability. Robotics and Computer-Integrated Manufacturing, 63, 101896.

Vinay Reddy, V. P. (2019). Enhancing supply chain management using Blockchain technology. International Journal of Engineering and Advanced Technology, 8 (6), 4657-4661.

Wang, Y., Singgih, M., Wang J., & Rit, M. (2019). Making sense of Blockchain technology: How will it transform supply chains? International Journal of Production Economics, 211, 221-236.

Yang, C. S. (2019). Maritime shipping digitalization: Blockchain-based technology applications, future improvements, and intention to use. Transportation Research Part E: Logistics and Transportation Review, 131, 108-117.