Blockchain technology development and implementation for global logistics operations: a reference model perspective

Abstract

Purpose Blockchain technology offers a lot of potential benefits in supply chain management. However, there is a need of a reference model which addresses the gaps in existing frameworks. This paper aims to propose a blockchain technology-based reference model which can be applied to global logistics operations. Design/methodology/approach The researchers have integrated the fit-for-purpose theoretical framework and prototyping methodology to design the reference model, a blockchain-based logistics, tracking and traceability system (BLTTS). The researchers demonstrated the application of the reference model through a health-care supply chain case study. The proposed BLTTS can be implemented across global logistics operations for business performance improvement. Findings The research provides a framework and recommendations for global companies to consider when adopting the blockchain technology for implementation. The researchers found that the Ethereum blockchain technology improves security of the data shared within the block through the secure hashing algorithm 1. The hash algorithm ensures anonymity of the involved parties. The model integrates blockchain with supply chain thus creating transparent process, efficiency and real-time communication. Research limitations/implications The reference model will offer a better solution to global logistics operations challenges. It provides recommendations to key stakeholders involved in logistics operations segment of the logistics industry while adopting blockchain technology. Apart from the methodological limitation of the study, the system compatibility and the layer configuration aspects might be posing potential challenges while upscaling the implementation. Originality/value The proposed reference model overcomes the drawbacks of existing models as it integrates Ethereum technology. In addition, the researchers have applied the model to demonstrate its functioning in real-time environment, which could guide for future research.

Does the adoption of blockchain technology add intangible benefits to the industrial sector? Evidence from Jordan

“…One of the primary intangible benefits of blockchain technology adoption is increased data security (Wang et al , 2019). The use of blockchain technology entails the application of powerful cryptographic algorithms that guarantee the security of data, making it nearly impossible to modify or damage (Kamran et al , 2021). Through the adoption of blockchain technology, organizations may strengthen their data security and secure their sensitive information from cyber threats and other harmful attacks (El-Masri and Hussain, 2021).…”

Blockchain technology in supply chain management: an organizational theoretic overview and research agenda

“…Queiroz and Fosso Wamba (2019) utilised unified theory of acceptance and use of technology (UTAUT) to understand BT adoption behaviour and usage of individuals. The survey identified a distinct Hartley and Sawaya (2019), Kamble et al ( , 2021, Queiroz and Fosso Wamba (2019), Van Hoek (2019, ), Bai and Sarkis (2020), Dolgui et al (2020), Epiphaniou et al (2020), Garrard and Fielke (2020), Guggenberger et al (2020), Ghode et al (2020), Hastig and Sodhi (2020), Hew et al (2020), Jabbar and Dani (2020), Jain et al (2020), Karamchandani et al (2020), Kumar et al (2020), Rashideh (2020), Wong et al (2020aWong et al ( , 2020b, Yong et al (2020), Albizri and Appelbaum (2021), Büyüközkan et al (2021), Casino et al (2021), Danese et al (2021), Diniz et al (2021), , Kamran et al (2021), Giri and Manohar (2021), Oropallo et al (2021), Queiroz et al (2021), Saurabh and Dey (2021), Tsolakis et al (2021), Tezel et al (2021), Vivaldini and de Sousa (2021), Vivaldini (2021aVivaldini ( , 2021b, Wang et al (2021aWang et al ( , 2021bWang et al ( , 2021c…”

“…, Hew et al (2020) Casino et al (2021),Diniz et al (2021),Giri and Manohar (2021),Kamran et al (2021),Oropallo et al (2021),Saurabh and Dey (2021),Tsolakis et al (2021),Vivaldini (2021aVivaldini ( , 2021b, Wang et al (2021e), Hartley et al (2022), Sumarliah et al (2022) Transparency/visibility Sander et al (2018), Queiroz and Fosso Wamba (2019), Bai and Sarkis (2020), Ghode et al (2020), Jain et al (2020), Wong et al (2020a, 2020b), Diniz et al (2021), Giri and Manohar (2021), Kamran et al (2021), Oropallo et al (2021), Tezel et al (2021), Tsolakis et al (2021), Vivaldini (2021a, 2021b), Hartley et al (2022), Nath et al (2022), Wamba and Queiroz (2022) Trust Queiroz and Fosso Wamba (2019), Garrard and Fielke (2020), Ghode et al (2020), Casino et al (2021), Oropallo et al (2021), Queiroz et al (2021), Saurabh and Dey (2021), Tezel et al (2021), Wang et al (2021e), Nath et al (2022), Wamba and Queiroz (2022) Smart contract Kim and Laskowski (2018), Dolgui et al (2020), Epiphaniou et al (2020), Yong et al (2020), Albizri and Appelbaum (2021), Kamran et al (2021), Vivaldini (2021a, 2021b), Wang et al (2021d), Martins et al (2022), Security Epiphaniou et al (2020), Wong et al (2020a, 2020b), Kamran et al (2021), Kamble et al (2021), Wang et al (2021e), Li et al (2022), Nath et al(2022) …”

Invoking blockchain technology in e-government services: a cybernetic perspective

“…Blockchain is an emerging phenomenon and is prominent in the businesses. Blockchain technology offers a lot of potential benefits in supply chain management (Kamran et al , 2021). Oh and Shong (2017) define blockchain as “a distributed ledger, in which the blocks containing transaction details are connected chronologically to form a series of chains, thus raising the possibility of improving the process and innovating business model for the financial institutions.” Blockchain technology, primarily speaking, was launched with a view “to synchronize the data and transactions over the supply chain network and connected nodes” (Gohil and Thakker, 2021).…”