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The impact of blockchain technology on the tea supply chain and its sustainable performance

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  • Paul, Tripti
  • Mondal, Sandeep
  • Islam, Nazrul
  • Rakshit, Sandip

Abstract

Blockchain technology (BCT) has recently attracted interest from academics and practitioners. However, little is known about the benefits and impact of BCT on the tea supply chain and its sustainable performance. To bridge this gap, this study extends the resource-based view (RBV) and network theory (NT) by integrating BCT into the tea supply chain. We develop a conceptual model of a BCT-driven tea supply chain, which we analyse using a partial least squares regression-based structural equation modelling method with data collected from 305 experts in India. The findings show that the use of BCT has a significant positive effect on the tea supply chain; in particular, transparency and reliability are shown as the sustainable performance parameters. The implementation of BCT is a progressive paradigm shift that encourages actors to change their attitudes and become more competent in the tea sector. This study is the first report on integrating BCT into supply chains, contributing to the scant literature on this subject. Furthermore, our conceptual framework could help develop a more sustainable supply chain for the global tea industry.

Suggested Citation

  • Paul, Tripti & Mondal, Sandeep & Islam, Nazrul & Rakshit, Sandip, 2021. "The impact of blockchain technology on the tea supply chain and its sustainable performance," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    • Handle: RePEc:eee:tefoso:v:173:y:2021:i:c:s0040162521005965
    DOI: 10.1016/j.techfore.2021.121163
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    References listed on IDEAS

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    Cited by:

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    2. Zhang, Jian & Zhang, Xuanjian & Liu, Wei & Ji, Ming & Mishra, Arunodaya Raj, 2022. "Critical success factors of blockchain technology to implement the sustainable supply chain using an extended decision-making approach," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    3. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2023. "Industry 5.0 and Triple Bottom Line Approach in Supply Chain Management: The State-of-the-Art," Sustainability, MDPI, vol. 15(7), pages 1-30, March.
    4. Broccardo, Laura & Zicari, Adrián & Jabeen, Fauzia & Bhatti, Zeeshan A., 2023. "How digitalization supports a sustainable business model: A literature review," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    5. Abbas, Hasnain & Zhao, Lindu & Gong, Xi & Faiz, Narmeen, 2023. "The perishable products case to achieve sustainable food quality and safety goals implementing on-field sustainable supply chain model," Socio-Economic Planning Sciences, Elsevier, vol. 87(PA).
    6. Sachin Kumar Mangla & Yiğit Kazançoğlu & Abdullah Yıldızbaşı & Cihat Öztürk & Ahmet Çalık, 2022. "A conceptual framework for blockchain‐based sustainable supply chain and evaluating implementation barriers: A case of the tea supply chain," Business Strategy and the Environment, Wiley Blackwell, vol. 31(8), pages 3693-3716, December.
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    8. Zhu, Qingyun & Bai, Chunguang & Sarkis, Joseph, 2022. "Blockchain technology and supply chains: The paradox of the atheoretical research discourse," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    9. Chen, Ping-Kuo & Ye, Yong & Wen, Ming-Hui, 2023. "Efficiency of metaverse on the improvement of the green procurement policy of semiconductor supply chain – based on behaviour perspective," Resources Policy, Elsevier, vol. 86(PA).

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