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Blockchain as the "trust-building machine" for supply chain management.
| Content Provider | Europe PMC |
|---|---|
| Author | Yavaprabhas, Kongmanas Pournader, Mehrdokht Seuring, Stefan |
| Abstract | This paper aims to investigate the impact of blockchain application on trust levels in supply chains. Through the systematic review of the relevant literature, three dimensions of trust, i.e., the trustor–trustee perspective, forms of trust, and time orientation, are investigated. Our findings show that, first, there are three pairs of trustors and trustees involved in blockchain implementation: (a) the user and the blockchain, (b) two supply chain partners, and (c) the consumer/public and a supply chain unit. Second, the two forms of trust, namely cognition-based and institution-based trust, are likely to be enhanced by blockchain execution, while affect-based trust may not be directly impacted by the technology. Third, the presence of blockchain technology would facilitate swift trust-building between unknown supply chain partners under specific circumstances. Moreover, we also find contradicting assertions among scholars on the implications of blockchain for trust in supply chains. While some studies pointed out that blockchain will enable a trustless trusted scheme, others expected the reinforcement of interorganizational trust. To test these assertions, we develop the blockchain-entrusted supply chain models to present the three-step process of how trust is developed through the blockchain and diffused to supply chain partners and external stakeholders.Supplementary InformationThe online version contains supplementary material available at 10.1007/s10479-022-04868-0. |
| Related Links | https://europepmc.org/backend/ptpmcrender.fcgi?accid=PMC9362671&blobtype=pdf |
| ISSN | 02545330 |
| Journal | Annals of Operations Research [Ann Oper Res] |
| DOI | 10.1007/s10479-022-04868-0 |
| PubMed Central reference number | PMC9362671 |
| PubMed reference number | 35967837 |
| e-ISSN | 15729338 |
| Language | English |
| Publisher | Springer US |
| Publisher Date | 2022-08-05 |
| Publisher Place | New York |
| Access Restriction | Open |
| Rights License | Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/. © The Author(s) 2022 |
| Subject Keyword | Blockchain Trust Supply chain Systematic review |
| Content Type | Text |
| Resource Type | Article |
| Subject | Management Science and Operations Research Decision Sciences |
