Blockchain Technology Application Challenges in Renewable Energy Supply Chain Management

Author(s):  
Khalid Almutairi ◽  
Seyyed Jalaladdin Hosseini Dehshiri ◽  
Seyyed Shahabaddin Hosseini Dehshiri ◽  
Ao Xuan Hoa ◽  
Joshuva Arockia Dhanraj ◽  
...  
2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Surajit Bag ◽  
Dmitriev Aleksandr Viktorovich ◽  
Atul Kumar Sahu ◽  
Anoop Kumar Sahu

Purpose The purpose of this study is to identify the barriers to the adoption of blockchain technology in green supply chain management (GSCM) and further analyze the cause and effect relationship to prioritize the barriers for making strategic decisions. Design/methodology/approach The study examines 15 potential barriers related to the adoption of blockchain in GSCM which is identified from the literature review and finalized after subsequent discussions with industry professionals. Integrated Fuzzy-Decision-Making Trial and Evaluation Laboratory approach is used to analyze cause and effect relationships and prioritize the barriers. Fuzzy set theory is used to handle the uncertainty and vagueness associated with the personnel biases and data deficiency problems. Three small to medium enterprises’ (SMEs’) are considered for gathering data and further analyzing the crucial barriers that are impeding the adoption of blockchain technology in GSCM. Findings The findings reveal that “lack of management vision” and “cultural differences among supply chain partners” are the most influencing barriers, whereas; “collaboration challenges” and “hesitation and workforce obsolescence” are the most influential barriers in the adoption of blockchain in GSCM. Research limitations/implications The study is developed based on 15 selected barriers which were further tested using data from three SMEs’ in the emerging economy of India. The adoption of blockchain technology in GSCM is at a nascent stage and more research studies are necessary to extend the knowledge base. Practical implications Managers need to eliminate the barriers and extend the blockchain technology application in GSCM. Managers need to develop the mission and vision of the company by doing proper alignment of blockchain technology with GSCM goals. Second, managers need to make strong collaborations and remove the hesitation and workforce obsolescence barrier by providing the right education and pieces of training. Originality/value Blockchain technology in GSCM is in a nascent stage. This study extends the knowledge base by identifying and further prioritizing the leading blockchain barriers that need to be overcome for effectively adopting blockchain in GSCM.


2019 ◽  
pp. 59-63
Author(s):  
G. V. Zubakov ◽  
O D. Protsenko ◽  
I. O. Protsenko

The presented study addresses the current problems in the implementation of the distributed ledger (blockchain) technology in supply chain management mechanisms in the context of the digital economy. Aim. The study aims to analyze the application of the blockchain technology in modern economic processes from the perspective of logistics.Tasks. The authors consider the possibility of using the blockchain technology in the supply chain management system and explore ways to use the findings of the Eurasian Economic Commission (EEC) in the fieldof digital economy to organize information standardization processes within the supply chains of foreign and mutual trade.Methods. This study uses general scientific methods of cognition to examine approaches to the implementation of the blockchain technology in transport and logistics processes and to find opportunities for the implementation of smart contracts to ensure the traceability of the entire chain of commodity and information fl ws.Results. Implementation of the distributed ledger (blockchain) technology in the logistics processes of foreign and mutual trade increases the transparency of information fl ws and the speed of decisionmaking. This technology would allow the parties to negotiate directly, minimizing potential risks and the time required to approve a supply deal.Conclusions. The authors consider the possibility of using a systematic approach to the digitalization of transport and logistics processes and the subsequent standardization of information interaction at the B2B, B2G, and G2G levels, segmented by separate fields of transport and foreign trade and individual economic sectors. As a conclusion, the study assesses the prospects of the practical implementation of blockchain mechanisms in the creation of industrial platforms — digital platforms that provide integrated services for businesses and the government using a single window system.


Author(s):  
Sidique Gawusu ◽  
Xiaobing Zhang ◽  
Seidu Abdulai Jamatutu ◽  
Abubakari Ahmed ◽  
Ayesha Algade Amadu ◽  
...  

Author(s):  
Kevin A. Clauson ◽  
Elizabeth A. Breeden ◽  
Cameron Davidson ◽  
Timothy K. Mackey

Background: Effective supply chain management is a challenge in every sector, but in healthcare there is added complexity and risk as a compromised supply chain in healthcare can directly impact patient safety and health outcomes. One potential solution for improving security, integrity, data provenance, and functionality of the health supply chain is blockchain technology. Objectives: Provide an overview of the opportunities and challenges associated with blockchain adoption and deployment for the health supply chain, with a focus on the pharmaceutical supply, medical device and supplies, Internet of Healthy Things (IoHT), and public health sectors. Methods: A narrative review was conducted of the academic literature, grey literature, and industry publications, in addition to identifying and characterizing select stakeholders engaged in exploring blockchain solutions for the health supply chain. Results: Critical challenges in protecting the integrity of the health supply chain appear well suited for adoption of blockchain technology. Use cases are emerging, including using blockchain to combat counterfeit medicines, securing medical devices, optimizing functionality of IoHT, and improving the public health supply chain. Despite these clear opportunities, most blockchain initiatives remain in proof-of-concept or pilot phase. Conclusion: Blockchain technology has the unrealized promise to help improve the health supply chain, but further study, evaluation and alignment with policy mechanisms is needed. Keywords: Blockchain, Distributed Ledger, Pharmacy, Pharmaceutical, Supply chain  


Author(s):  
Yudi Fernando ◽  
Mohd Ridzuan Darun ◽  
Ahmed Zainul Abideen ◽  
Daing Nasir Ibrahim ◽  
Marco Tieman ◽  
...  

The fast-growing number of Halal integrity issues has attracted the scholar's debate on improving integrity in practicing the Halal supply chain. To investigate how firms comply with Halal procedures in supply chain may not possibly provide much potential research gaps. The application of technology in improving Halal supply chain management on blockchain technology should be given urgent priority. The aim of this chapter is to explore the possibility to integrate blockchain technology to improve the use of Halal supply chain management. Blockchain technology will help the Halal based oriented firm in the supply chain to trace the source of the raw materials, products, labeling information, and Halal product distribution to strengthen the supply chain networks. Blockchain technology-driven Halal supply chain shall overcome and surpass issues related to Halal integrity and certifications which could also have an impact globally.


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