Article
Computer Science, Interdisciplinary Applications
Thomas Miller, Shoufeng Cao, Marcus Foth, Xavier Boyen, Warwick Powell
Summary: Decentralised finance (DeFi) is a blockchain-enabled innovation that aims to transform financial services by eliminating intermediaries. Despite pilot projects exploring DeFi applications for small and medium enterprises (SMEs) in supply chain finance (SCF), real-world adoption of DeFi in this context is still limited. This paper presents a university-industry collaborative study that leverages blockchain-based DeFi technology to reduce finance costs and address information risks in the agricultural supply chain.
COMPUTERS IN INDUSTRY
(2023)
Article
Business
Gunjan Soni, Satish Kumar, Raj Mahto, Sachin K. Mangla, M. L. Mittal, Weng Marc Lim
Summary: Improving the efficiency and performance of SMEs is crucial, with FinTech and Industry 4.0 technologies offering new opportunities and competitive advantages for supply chain finance in SMEs.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2022)
Article
Management
Elijah Asante Boakye, Hongjiang Zhao, Cephas Paa Kwasi Coffie, Lydia Asare-Kyire
Summary: This study examines the Technological Organizational and Environmental (TOE) drivers of blockchain supply chain finance adoption in Ghanaian SMEs. The findings suggest that relative advantage, cost, and complexity significantly influence the adoption of blockchain supply chain finance in SMEs, while competitive pressure, market dynamics, and SME owner/manager support had no statistically significant influence.
TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT
(2023)
Article
Engineering, Industrial
Lu Liu, Yongjian Li, Tao Jiang
Summary: This study explores the operational strategies of a supply chain finance mode enabled by blockchain technology. The findings suggest that risk sharing improves the financing efficiency of supply chain finance.
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
(2023)
Article
Business
Arief Rijanto
Summary: This study explores the role of blockchain technology in solving Supply Chain Finance (SCF) problems through 30 real application cases. The results show that trust, validity, and distributed ledger transaction data are the main drivers of blockchain adoption, while smart contracts offer a simple and fast transaction method.
JOURNAL OF THEORETICAL AND APPLIED ELECTRONIC COMMERCE RESEARCH
(2021)
Article
Computer Science, Interdisciplinary Applications
Valeri Natanelov, Shoufeng Cao, Marcus Foth, Uwe Dulleck
Summary: This paper explores and demonstrates the potential of blockchain and smart contracts for supply chain finance in the context of cross-border beef supply chains from Australia to China. The study uses the Agents Events Data (AED) process mapping method to improve supply chain processes and traditional SCF models. The findings highlight how blockchain technology and smart contracts can mitigate financial risks and transform credit financing. Additionally, the paper proposes the group buying business model as a promising approach for whole-of-supply-chain finance and showcases the utility of the AED process mapping method for future research.
JOURNAL OF INDUSTRIAL INFORMATION INTEGRATION
(2022)
Review
Green & Sustainable Science & Technology
Yu Gong, Yun Zhang, Mohammed Alharithi
Summary: This paper provides a thematic literature review on the emerging field of blockchain and supply chain finance (SCF). It summarizes the current status, challenges, and solutions in this field, and proposes future research directions.
Article
Computer Science, Artificial Intelligence
Jia Fu, Bangcan Cao, Xiaoliang Wang, Pengjie Zeng, Wei Liang, Yuzhen Liu
Summary: Against the backdrop of the booming supply chain finance and logistics industry, Logistics 4.0 has emerged. The financing capacity of logistics companies is insufficient to meet the rapid development needs of the supply chain. This study proposes a blockchain-based financing scheme for logistics companies, utilizing the transparency feature and smart contract technology of blockchain to automate the financing process and protect data privacy, resulting in improved efficiency and reliability for logistics financing.
CONNECTION SCIENCE
(2022)
Article
Computer Science, Interdisciplinary Applications
Salam Abdallah, Nishara Nizamuddin
Summary: In this paper, a blockchain-based framework for the online sale of pharmaceutical products is proposed. It eliminates intermediaries such as hospitals or pharmacies and utilizes Ethereum smart contracts to monitor interactions, track transactions, and ensure secure payment dispersal. The smart contracts also regulate the interaction between sellers and consumers, monitor IoT container status, and provide full notification to consumers. Special cases such as consumer refunds are handled to ensure the safe delivery of medicines.
COMPUTERS & INDUSTRIAL ENGINEERING
(2023)
Article
Business
Jaspreet Kaur, Satish Kumar, Balkrishna E. Narkhede, Marina Dabic, Ajay Pal Singh Rathore, Rohit Joshi
Summary: This study investigates the significant barriers to blockchain adoption in supply chain finance practices by Indian SMEs. The findings indicate that technology barriers are the most influential ones. These results will help policymakers and practitioners to overcome these barriers and promote the adoption of blockchain in Indian SMEs.
ELECTRONIC COMMERCE RESEARCH
(2022)
Article
Business
Javed Aslam, Aqeela Saleem, Nokhaiz Tariq Khan, Yun Bae Kim
Summary: The interest in adopting Blockchain in the supply chain sector is on the rise, but there is currently no clear framework to determine whether a supply chain should implement Blockchain technology. This study analyzed the supply chain practices of the oil industry in Pakistan and found that supply chain management practices have a positive impact on operational performance.
JOURNAL OF INNOVATION & KNOWLEDGE
(2021)
Article
Management
Tsan-Ming Choi, Xiutian Shi
Summary: Under COVID-19, the importance of supply risk management has been highlighted by the increase in supply disruption cases. This paper explores the supply guarantee deposit payment scheme in fashion supply chains and finds that it can achieve win-win channel coordination in the presence of production disruption.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2022)
Review
Computer Science, Interdisciplinary Applications
Ping Xiao, Mad Ithnin Salleh, B. B. Zaidan, Yang Xuelan
Summary: Recently, blockchain-driven supply chain finance has been used to address the financing problem of small and medium-sized enterprises in the context of risk management. This paper aims to review and analyze articles related to risk assessment based on blockchain-driven supply chain finance, provide best practices, and identify academic challenges, motivations, and recommendations. A systematic search was conducted on major databases, and 90 articles were selected. This study is considered important, as it highlights current research positions and opportunities in this field, enhancing understanding of the research area.
COMPUTERS & INDUSTRIAL ENGINEERING
(2023)
Article
Operations Research & Management Science
Sachin S. Kamble, Angappa Gunasekaran, Nachiappan Subramanian, Abhijeet Ghadge, Amine Belhadi, Mani Venkatesh
Summary: This study investigates the relationship between information and communication-enabled supply chain integration (SCI) and sustainable supply chain performance (SSCP), and explores the impact of blockchain technologies (BT) on SSCP. The results show that BT has a positive influence on SSCP, and SCI plays a significant mediating role in this relationship.
ANNALS OF OPERATIONS RESEARCH
(2023)
Article
Engineering, Industrial
Ciwei Dong, Qianzhi Huang, Debin Fang
Summary: This paper examines the channel selection and pricing strategies for a capital constrained supplier in the digital supply chain, considering supply chain finance and blockchain technology. The supplier can choose between direct channel and e-commerce platform, and decide whether to use agency pricing or wholesale pricing mode, as well as whether to utilize supply chain finance with blockchain. The study shows that the initial capital of the supplier plays a significant role in channel selection, and the adoption of blockchain technology can benefit suppliers in both wholesale and agency pricing. However, for the e-commerce platform, blockchain technology increases profits only when the supplier's initial capital is relatively low.
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
(2023)