Abstract
Digital transformation is very important in the development of public and private organization. To establish a circular economy, digital transformation requires enablers such as deploying blockchain applications. The study presents
blockchain technology (BCT) application in supply chain management (SCM) to identify how it impacts on a digital circular economy transition. Blockchain, as a foundational technology for digital SCM, attributes in transparency drives trust in the products and shapes a circular economy (CE) performance. CE transaction in SCM requires various capabilities of blockchain such as immutability, reliability, and traceability. The potential research directions and managerial implications could integrate blockchain-based technology to digitize SCM system. The methodology of this study uses a systematic literature, analyzing 39 articles from the year 2016 to 2022 to present the benefits, risk, or limitations in different sectors, and scrutinizing BCT applications in SCM. Subsequently, the results are presented, showing the advantages of blockchain-based SCM for organizations. Additionally, it is crucial of blockchain-based SCM performance to research from a digital CE perspective. Consequently, the realistic of BCT applications in SCM across various sectors are acknowledged. Finally, it presents the current situation and future recommendation.
blockchain technology (BCT) application in supply chain management (SCM) to identify how it impacts on a digital circular economy transition. Blockchain, as a foundational technology for digital SCM, attributes in transparency drives trust in the products and shapes a circular economy (CE) performance. CE transaction in SCM requires various capabilities of blockchain such as immutability, reliability, and traceability. The potential research directions and managerial implications could integrate blockchain-based technology to digitize SCM system. The methodology of this study uses a systematic literature, analyzing 39 articles from the year 2016 to 2022 to present the benefits, risk, or limitations in different sectors, and scrutinizing BCT applications in SCM. Subsequently, the results are presented, showing the advantages of blockchain-based SCM for organizations. Additionally, it is crucial of blockchain-based SCM performance to research from a digital CE perspective. Consequently, the realistic of BCT applications in SCM across various sectors are acknowledged. Finally, it presents the current situation and future recommendation.
| Original language | English |
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| Title of host publication | Faculty of Civil and Industrial Engineering, Sapienza – University of Rome |
| Publisher | IEOM Society |
| Pages | (In-Press) |
| Publication status | Accepted/In press - 14 Jun 2022 |
| Event | 5th European Conference on Industrial Engineering and Operations Management - FH55 Grand Hotel Palatino + Virtual via zoom, Rome, Italy Duration: 26 Jul 2022 → 28 Jul 2022 http://ieomsociety.org/rome2022/ |
Publication series
| Name | International Conference on Industrial Engineering and Operations Management |
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| ISSN (Print) | 2169-8767 |
Conference
| Conference | 5th European Conference on Industrial Engineering and Operations Management |
|---|---|
| Country/Territory | Italy |
| City | Rome |
| Period | 26/07/22 → 28/07/22 |
| Internet address |
Keywords
- blockchain
- supply chain management
- digital transformation
- circular economy
