Version 1
: Received: 6 June 2024 / Approved: 7 June 2024 / Online: 7 June 2024 (09:35:10 CEST)
How to cite:
Reynolds, S. Delving into the Adoption of Blockchain Technology in Supply Chain Management. Preprints2024, 2024060481. https://doi.org/10.20944/preprints202406.0481.v1
Reynolds, S. Delving into the Adoption of Blockchain Technology in Supply Chain Management. Preprints 2024, 2024060481. https://doi.org/10.20944/preprints202406.0481.v1
Reynolds, S. Delving into the Adoption of Blockchain Technology in Supply Chain Management. Preprints2024, 2024060481. https://doi.org/10.20944/preprints202406.0481.v1
APA Style
Reynolds, S. (2024). Delving into the Adoption of Blockchain Technology in Supply Chain Management. Preprints. https://doi.org/10.20944/preprints202406.0481.v1
Chicago/Turabian Style
Reynolds, S. 2024 "Delving into the Adoption of Blockchain Technology in Supply Chain Management" Preprints. https://doi.org/10.20944/preprints202406.0481.v1
Abstract
This qualitative research explores the adoption of blockchain technology in supply chain management, aiming to understand the drivers, barriers, and implications associated with its integration. Through in-depth interviews and thematic analysis, insights are gathered from key stakeholders in the supply chain ecosystem. The findings reveal a complex landscape, with stakeholders recognizing blockchain's potential to enhance transparency, efficiency, and trust while acknowledging challenges related to technical complexities, regulatory uncertainties, and organizational barriers. Despite these challenges, participants express optimism about blockchain's transformative potential, citing opportunities for improved traceability, supply chain resilience, and sustainability. Collaboration, governance, and ecosystem development emerge as critical factors for driving blockchain adoption within supply chains, alongside the need for continuous education and capacity-building initiatives. Overall, the study underscores the importance of addressing challenges and fostering a culture of innovation and collaboration to unlock the full potential of blockchain-enabled supply chains.
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
