Implementation process of Blockchain Technology to Logistics and Supply Chain industry
Zorina, Elena (2020)
2020
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2020052012599
https://urn.fi/URN:NBN:fi:amk-2020052012599
Tiivistelmä
Recent trends in blockchain technology have led to a proliferation of studies devoted to the implementation of this technology in business processes. Currently, the adoption of new technologies is a strategic priority for any organisation, and its impact on various industries cannot be ignored.
This study aimed to contribute to this growing area of research by exploring issues related to the implementation of blockchain technology in supply chains and the logistics industry. It also aimed to provide a critical assessment of the advantages and challenges by studying how this technology affects visibility and trust in supply chains.
The theoretical part of the study explains all the terminology that was used for defining the topic. For the primary data, the qualitative research approach was used, and information was collected from seminars and interviews in a case study. For the secondary data, information was collected from books, articles and reports by means of a systematic literature review.
The findings of the study on blockchain technology led to the justification of the usefulness of the technology for many organisations. Therefore, recommendations of adoption, were presented by considering all the advantages and challenges of blockchains for the logistics area. The advantages included increased efficiency of processes achieved through their high level of visibility and trust in the supply chain.
This study aimed to contribute to this growing area of research by exploring issues related to the implementation of blockchain technology in supply chains and the logistics industry. It also aimed to provide a critical assessment of the advantages and challenges by studying how this technology affects visibility and trust in supply chains.
The theoretical part of the study explains all the terminology that was used for defining the topic. For the primary data, the qualitative research approach was used, and information was collected from seminars and interviews in a case study. For the secondary data, information was collected from books, articles and reports by means of a systematic literature review.
The findings of the study on blockchain technology led to the justification of the usefulness of the technology for many organisations. Therefore, recommendations of adoption, were presented by considering all the advantages and challenges of blockchains for the logistics area. The advantages included increased efficiency of processes achieved through their high level of visibility and trust in the supply chain.