Blockchain: Applications, Effects and Challenges in Supply Chains

Abstract

The main objective of this research is to examine the potential use cases of blockchain technology in supply chains and its impacts in supply chain management. Moreover, the main challenges that companies are currently facing to introduce this technology are also discussed. In order to form a comprehensive picture of current supply chain digitalization issues and better understand the blockchain technology, a literature review was undertaken. Subsequently, a theoretical framework is formulated with the aim to explore the applications of blockchain to improve supply chain management. Through multiple study cases, the framework is tested with an explanatory approach, providing also a base to identify the main effects and challenges in its implementation in supply chains.