The role of blockchain technology in the integration of sustainability practices across multitier supply networks: implications and potential complexities
نوع المنشور
بحث أصيل
المؤلفون

Global supply networks encompass many inter-connected suppliers. Many of these suppliers are unpredictable and beyond the direct realm of the company, making the management of sustainability a difficult task. This research attempts to put forth a profound exploration of the integration of sustainability across complex multi-tier supply networks through the utilization of blockchain technology. The research includes a selected literature review compromising well-cited research that focuses on multi-tier supply networks and blockchain technology. The findings suggest that blockchain can enhance suppliers’ visibility. Managers will have increased transparency and traceability of their global supply networks, which will eventually reduce information asymmetry and limit opportunistic behaviors. Furthermore, the connectivity and rapid/immutable sustainable information sharing features associated with blockchain increase suppliers’ predictability and create robust sustainable supply networks. Despite the potential benefits enabled by the technology, the research highlights some vital complexities that may obstruct the adoption of the technology across multi-tier supply networks.

المجلة
العنوان
Journal of Sustainable Finance & Investment
الناشر
Taylor & Francis
بلد الناشر
المملكة المتحدة
Indexing
Scopus
معامل التأثير
None
نوع المنشور
Both (Printed and Online)
المجلد
--
السنة
2022
الصفحات
1-19