Adoption of blockchain technology in supply chain transparency: Australian manufacturer case study
Journal article
Maroun, Elias A., Daniel, Jay and Fynes, Brian 2019. Adoption of blockchain technology in supply chain transparency: Australian manufacturer case study. Proceedings of the 10th European Decision Sciences Institute (EDSI).
| Authors | Maroun, Elias A., Daniel, Jay and Fynes, Brian |
|---|---|
| Abstract | The arrival and capabilities of Blockchain is set to change traditional supply chain activities. Consumers are increasingly demanding details about the products they purchase, the sources of the manufactured product and manufacturing details. Organisations are declaring that they strive to improve labour practices and minimise the environmental effect of manufacturing goods however consumers still have a limited view of supply chains. The increasing development of the digital economy, the internet of things (IOT) and the growing use of sensors providing information in supply chains is providing Blockchain leverage to streamline and create an efficient supply chain track and trace of all types of transactions more transparently and securely. This paper explores the adoption of Blockchain technology in supply chain transparency. Specifically, we examine whether Blockchain technology is a good fit for use in an Australian manufacturer supply chain. Blockchain allows us to have permissioned or permission-less distributed ledgers where stakeholders can interact with each other. We describe in detail how Blockchain works and the mechanism of hash algorithms, which allows for greater security of information. Using a single case study, we focus on the intricacies of this technology and present a summary of adoption for Blockchain technology. The adoption for using Blockchain technology has the potential to bring greater transparency, validity across the supply chain, and improvement of communication between all stakeholders involved. |
| Keywords | Blockchain; Supply Chain Management; Distributed Ledger; Bitcoin; Transparency |
| Year | 2019 |
| Journal | Proceedings of the 10th European Decision Sciences Institute (EDSI) |
| Publisher | European Decision Sciences Institute (EDSI) |
| Web address (URL) | http://hdl.handle.net/10545/624150 |
| hdl:10545/624150 | |
| Publication dates | Jun 2019 |
| Publication process dates | |
| Deposited | 13 Sep 2019, 11:31 |
| Accepted | Mar 2019 |
| Contributors | University of Derby, University of Technology Sydney and University College Dublin |
| File | File Access Level Open |
| File | File Access Level Open |
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