Overview on the Blockchain-Based Supply Chain Systematics and Their Scalability Tools

Abstract

Modern IT technologies shaped the shift in economic models with many advantages on cost, optimization, and time to market. This economic shift has increased the need for transparency and traceability in supply chain platforms to achieve trust among partners. Distributed ledger technology (DLT) is proposed to enable supply chains systems with trust requirements. In this paper, we investigate the existing DLT-based supply chain projects to show their technical part and limitations and extract the tools and techniques used to avoid the DLT scalability issue. We then set the requirements for a typical DLT-based supply chain in this context. The analyses are based on the scalability metrics such as computing, data storage, and transaction fees that fit the typical supply chain system. This paper highlights the effects of Blockchain techniques on scalability and their incorporation in supply chains systems. It also presents other existing solutions that can be applied to the supply chain. The investigation shows the necessity of having such tools in supply chains and developing them to achieve an efficient and scalable system. The paper calls for further scalability enhancements throughout introducing new tools and/or reutilize the current ones. Doi: 10.28991/esj-2021-SP1-04 Full Text: PDF

The Potential Application of Blockchain and Control Tower in Domestic Forwarding Business in Indonesia

“…Supply Chain Issue defined as problem that arise on daily business activities which indicated needed solutions from Blockchain and Control Tower. Exogenous variable for Supply Chain Issue have observed variable as follows: lack of visibility which express that information on supply chain across operational and financial still low (Wu et al 2017;Kamble et al 2019;Balci et al 2021), less scalability is talking about system capability to adaptable for information sharing based on volume transaction (Hellani et al 2020;Kfoury, 2021;Jung, 2022) payment delay explain that problem in cash received from customer (Marbouh et al 2020;Irannezhad, 2020;Tseng et al 2021), and ineffective administration defined as too much involvement of document which arise inefficient process during supply chain activities (Feyissa et al 2019;Patsavellas et al 2021;Keresztes et al 2022). Technologies readiness express as a capability of Blockchain and Control Tower system information to support the supply chain activities.…”

“…Technologies readiness express as a capability of Blockchain and Control Tower system information to support the supply chain activities. Exogenous variable for Technologies Readiness have observed variable as follows: user interface express as a visualization of system that assist stakeholder (Trzuskawska et al 2017;Mittlefehldt et al 2019;Tharatipyakul et al 2021;Saputra et al 2022), system transparency explain as a direct information sharing across stakeholders related operational and financial process (Fulconis et al 2018;Paliwal et al 2020;Hellani et al 2020;Patsavellas et al 2021), implementation discomfort taking about discomfort response from stakeholders related visualization of this system (Nugroho et al 2017;Parasuraman, 2000;Irannezhad, 2020) and infrastructure development explain as supporting tools that need to equipped the used of this system (Wang et al 2019;Alacam et al 2021;Sahoo et al 2022). Another latent variable is Cost of Technologies which defined as all possible expenses that arise during the using of Blockchain and Control perceived ease of use regarding the intention to use of blockchain and control tower system.…”

Standardizing Smart Contracts

“…Decentralized versions of well-established centralized services are surging in multiple areas, like finance [1], insurance [2], logistics [3], [4], energy [5], [6], and more, pushing the digitalization of the physical world to new frontiers. Digital tokens are gaining adoption: NFTs and exchangeable coins are increasing their market share [7], [8] as they allow tokenizing and trading even historically illiquid assets (e.g., mining power [9]).…”