Investigation and assessment of blockchain technology adoption in the pharmaceutical supply chain

Badhotiya, Gaurav Kumar; Sharma, Vijay Prakash; Prakash, Surya; Vinayak, Kalluri; Singh, Ranbir

doi:10.1016/j.matpr.2021.01.673

Cited by 31 publications

(20 citation statements)

References 18 publications

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“…This integration can facilitate information sharing, increase security, reduce costs, and increase organisational efficiency [25]. In the pharmaceutical industry, the blockchain can be utilised to improve control over the medicines supply chain, and it can facilitate detecting fake medicines [26].…”

Section: Applications Of Blockchain Technologymentioning

confidence: 99%

Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review

et al. 2021

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Developing sustainable products and processes is essential for the survival of manufacturers in the current competitive market and the industry 4.0 era. The activities of manufacturers and their supply chain partners should be aligned with sustainable development goals. Manufacturers have faced many barriers and challenges in implementing sustainable practices along the entire supply chain due to globalisation, outsourcing, and offshoring. Blockchain technology has the potential to address the challenges of sustainability. This study aims to explain the applications of blockchain technology to sustainable manufacturing. We conducted a systematic literature review and explained the potential contributions of blockchain technology to the economic, environmental, and social performances of manufacturers and their supply chains. The findings of the study extend our understanding of the blockchain applications in sustainable manufacturing and sustainable supply chains. Furthermore, the study explains how blockchain can influence the sustainable performance of manufacturers by creating transparency, traceability, real-time information sharing, and security of the data capabilities.

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Section: Applications Of Blockchain Technologymentioning

confidence: 99%

Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review

et al. 2021

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“…The studies related to blockchain technology in government organizations/e-government are still limited, and the actual adoption is slow (Koster and Borgman, 2020;Batubara et al, 2018). There is a need to study more on blockchain technology adoption in the government organizations as blockchain provides solutions in Blockchain technology adoption various areas including public accounting, voting, records management (Cagigas et al, 2021), health care (Badhotiya et al, 2021), land records (Thakur et al, 2020), maritime (Pu and Lam, 2020), agriculture supply chain (Kamble et al, 2020) and taxing system (Kabir, 2021).…”

Section: Resultsmentioning

confidence: 99%

Blockchain technology adoption in government organizations: a systematic literature review

Falwadiya

Dhingra

2022

JGOSS

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Purpose Blockchain technology is spreading its roots and growing rapidly. With the advancement of blockchain technology, government organizations are focusing toward adopting blockchain technology. The purpose of this study is to identify the factors that affect the adoption of blockchain technology and provide a conceptual framework to adopt blockchain technology in government organizations. Design/methodology/approach To answer the research questions, this study has used systematic literature review (SLR). For achieving the quality and transparent process, this study has applied the PRISMA framework in the SLR. Findings With the help of SLR, this study has identified 72 factors that influence the adoption of blockchain technology. After critically examining the factors, this study has developed the conceptual framework for the adoption of blockchain technology in government organizations with four factors of the unified theory of acceptance and use of technology model and four additional factors, i.e. facilitating conditions, social influence, effort expectancy, performance expectancy, trust, transparency, cost and security. Research limitations/implications To perform SLR, this study has used two databases: Web of Science and Google Scholar; future studies can consider other databases. This study has provided the framework but not validated it; future studies can use structural equation modeling and artificial neural network to validate the framework. Practical implications This study helps to provide insights about blockchain technology and help government and policymakers to take decisions for the adoption of blockchain technology and in determining the future action plan. Originality/value Few studies are available in the literature that have used SLR to identify blockchain technology adoption in government organizations.

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“…21. Badhotiya et al (2021) This study is about blockchain in the supply chain of pharmaceuticals. 2) The main characteristics of blockchain in the supply chain such as flexibility, efficiency, responsiveness, and transparency are discussed in detail.…”

Section: Development Of the Blockchain-based Mechanismmentioning

confidence: 99%

Blockchain Adoption for Sustainable Supply Chain Management: Economic, Environmental, and Social Perspectives

et al. 2022

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Due to the rapid increase in environmental degradation and depletion of natural resources, the focus of researchers is shifted from economic to socio-environmental problems. Blockchain is a disruptive technology that has the potential to restructure the entire supply chain for sustainable practices. Blockchain is a distributed ledger that provides a digital database for recording all the transactions of the supply chain. The main purpose of this research is to explore the literature relevant to blockchain for sustainable supply chain management. The focus of this review is on the sustainability of the blockchain-based supply chain concerning environmental conservation, social equality, and governance effectiveness. Using a systematic literature review, a total of 136 articles were evaluated and categorized according to the triple bottom-line aspects of sustainability. Challenges and barriers during blockchain adoption in different industrial sectors such as aviation, shipping, agriculture and food, manufacturing, automotive, pharmaceutical, and textile industries were critically examined. This study has not only explored the economic, environmental, and social impacts of blockchain but also highlighted the emerging trends in a circular supply chain with current developments of advanced technologies along with their critical success factors. Furthermore, research areas and gaps in the existing research are discussed, and future research directions are suggested. The findings of this study show that blockchain has the potential to revolutionize the entire supply chain from a sustainability perspective. Blockchain will not only improve the economic sustainability of the supply chain through effective traceability, enhanced visibility through information sharing, transparency in processes, and decentralization of the entire structure but also will help in achieving environmental and social sustainability through resource efficiency, accountability, smart contracts, trust development, and fraud prevention. The study will be helpful for managers and practitioners to understand the procedure of blockchain adoption and to increase the probability of its successful implementation to develop a sustainable supply chain network.

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Investigation and assessment of blockchain technology adoption in the pharmaceutical supply chain

Cited by 31 publications

References 18 publications

Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review

Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review

Blockchain technology adoption in government organizations: a systematic literature review

Blockchain Adoption for Sustainable Supply Chain Management: Economic, Environmental, and Social Perspectives

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