2019
DOI: 10.1088/1742-6596/1176/4/042039
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Research on Supply Chain Management Based on Blockchain Technology

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Cited by 10 publications
(8 citation statements)
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“…Because nowadays it is not only individual companies that compete with each other, but entire SCs, a SC can generate or secure a competitive advantage over other SCs by increasing its efficiency. Since the data in the BC cannot be manipulated by the participants at a later time, the individual companies along the SC can gain an advantage because cooperation is more transparent and therefore fairer [25] (p. 5). When acting as a database in SCM, there are two possible advantages that BCT can provide: on the one hand, BCT can provide process improvements and, on the other hand, BCT can offer added value to the customer [26].…”
Section: Bct With the Functionality Of A Databasementioning
confidence: 99%
See 1 more Smart Citation
“…Because nowadays it is not only individual companies that compete with each other, but entire SCs, a SC can generate or secure a competitive advantage over other SCs by increasing its efficiency. Since the data in the BC cannot be manipulated by the participants at a later time, the individual companies along the SC can gain an advantage because cooperation is more transparent and therefore fairer [25] (p. 5). When acting as a database in SCM, there are two possible advantages that BCT can provide: on the one hand, BCT can provide process improvements and, on the other hand, BCT can offer added value to the customer [26].…”
Section: Bct With the Functionality Of A Databasementioning
confidence: 99%
“…With regard to process improvements, it can be stated that a database based on BCT differs from a conventional database in that each participant in the network may have a complete copy of the database. In this way, everyone can copy the current changes to his database and check if it is consistent with the previous blocks [25] (p. 2). BCT is a suitable solution when trust is required and transparency needs to be created.…”
Section: Bct With the Functionality Of A Databasementioning
confidence: 99%
“…Food producers or retailers are likely to pay a heavy price. This situation leads to the opacity of the supply chain, which is more likely to drive up operating costs [56].…”
Section: Methodology and Materialsmentioning
confidence: 99%
“…Food producers or retailers are likely to pay a heavy price. This situation leads to the opacity of the supply chain, which is more likely to drive up operating costs [56]. If it were possible to create blocks for individual activities in the supply chain that could be checked in real-time, this would make it easier to control and find the culprit of spoilage.…”
Section: Methodology and Materialsmentioning
confidence: 99%