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Application of blockchain technology for sustainability development in agricultural supply chain: justification framework
Operations Management Research ( IF 6.9 ) Pub Date : 2021-01-27 , DOI: 10.1007/s12063-021-00180-5
Archana A Mukherjee , Rajesh Kumar Singh , Ruchi Mishra , Surajit Bag

Blockchain technology, is conceptualised as a type of disruptive technology and is regarded as one of the prime tools of Industry 4.0 today. The varied features of Blockchain like smart contract, decentralisation, transparency, traceability, data immutability and data privacy along with a consensus mechanism make it suitable to be utilized in the complex and multi—echelon supply chains of today. These factors improve the production processes and make the existing supply chains agile, resilient and responsive in the long term. Blockchain also add an aspect of sustainability which correlates with the phenomenon of circular economy in today’s world. Hence firms should compare and evaluate the significance of the traditional supply chain and blockchain-enabled supply chain in bringing the concept of sustainability in the supply chain today. This paper aims to highlight the benefits of blockchain in supply chain management with the help of a literature review along with opinions of experts from the agricultural sector. The key benefits identified are data privacy, decentralisation, immutability of data, smart contract, improved sustainability, building of resilient supply chains, transparency and shared database. These potential benefits of blockchain are assessed using the analytical hierarchical process technique. Global desirability index for traditional supply chain and blockchain—enabled supply chain is calculated. The high value of global desirability index of the blockchain-enabled supply chain over the traditional supply chain suggests that the application of blockchain technology in the supply chain is justified for bringing sustainability in the supply chain. This study aims to offer meaningful implications for practitioners so that they can take suitable measures for adoption of this technology.



中文翻译:

区块链技术在农业供应链可持续发展中的应用:论证框架

区块链技术在概念上被视为一种破坏性技术,被视为当今工业4.0的主要工具之一。区块链的各种功能,例如智能合约,去中心化,透明度,可追溯性,数据不变性和数据隐私以及共识机制,使其适合在当今的复杂多级供应链中使用。这些因素可改善生产流程,并使现有供应链在长期内保持敏捷,有弹性和响应能力。区块链还增加了可持续性方面,与当今世界的循环经济现象相关。因此,企业应该比较和评估传统供应链和基于区块链的供应链在将可持续性概念引入当今供应链中的重要性。本文旨在借助文献综述以及农业领域专家的意见,重点介绍区块链在供应链管理中的优势。确定的主要好处是数据隐私,去中心化,数据不变,智能合约,改善的可持续性,建立弹性的供应链,透明度和共享数据库。区块链的这些潜在利益是使用层次分析法进行评估的。计算了传统供应链和启用了区块链的供应链的全球需求指数。具有区块链功能的供应链的全球合意指数在传统供应链上具有很高的价值,这表明在供应链中应用区块链技术对于为供应链带来可持续性是合理的。

更新日期:2021-01-28
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