IDEAS home Printed from https://ideas.repec.org/a/gam/jadmsc/v14y2024i11p298-d1518487.html
   My bibliography  Save this article

Blockchain-Enabled Supply Chain Finance: A Bibliometric Review and Research Agenda

Author

Listed:
  • Asaduddin Abdullah

    (School of Business, IPB University, Bogor 16151, Indonesia)

  • Arif Satria

    (Faculty of Human Ecology, IPB University, Bogor 16680, Indonesia)

  • Heti Mulyati

    (Faculty of Economics and Management, IPB University, Bogor 16680, Indonesia)

  • Yandra Arkeman

    (Faculty of Agricultural Technology, IPB University, Bogor 16680, Indonesia)

  • Dikky Indrawan

    (School of Business, IPB University, Bogor 16151, Indonesia)

Abstract

The COVID-19 pandemic has revealed weaknesses in traditional supply chain finance systems, highlighting the need for digital change. Blockchain technology, with its ability to create secure and transparent records of transactions, offers a potential solution. This study uses bibliometric analysis and a literature review to examine research on blockchain-enabled supply chain finance, drawing on a database of 446 articles from ScienceDirect and Scopus. The findings show a growing interest in how blockchain can improve transparency, efficiency, and security in supply chain finance, addressing challenges like information asymmetry. This study suggests future research should focus on real-world applications of blockchain, how it can be used with other technologies, regulations and governance, and the social and environmental impacts of blockchain-based supply chain finance. This research also highlights the different priorities of the Global North and South in blockchain-enabled supply chain finance. The North focuses on efficiency and traceability, while the South emphasizes adding value and transparency. A lack of research on fair pricing, especially in the Global South, points to a critical gap that future research needs to address to ensure fairness in global trade.

Suggested Citation

  • Asaduddin Abdullah & Arif Satria & Heti Mulyati & Yandra Arkeman & Dikky Indrawan, 2024. "Blockchain-Enabled Supply Chain Finance: A Bibliometric Review and Research Agenda," Administrative Sciences, MDPI, vol. 14(11), pages 1-20, November.
    • Handle: RePEc:gam:jadmsc:v:14:y:2024:i:11:p:298-:d:1518487
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-3387/14/11/298/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2076-3387/14/11/298/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sachin Kamble & Angappa Gunasekaran & Himanshu Arha, 2019. "Understanding the Blockchain technology adoption in supply chains-Indian context," International Journal of Production Research, Taylor & Francis Journals, vol. 57(7), pages 2009-2033, April.
    2. Lu Wang & Frank Lee & Jose Benitez, 2022. "Value creation in blockchain-driven supply chain finance," Post-Print hal-03881885, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fithriyyah Shalihati & Ujang Sumarwan & Hartoyo Hartoyo & Lilik Noor Yuliati, 2025. "Mapping Customer Relationship Management Research in Higher Education: Trends and Future Directions," Administrative Sciences, MDPI, vol. 15(2), pages 1-21, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Subhodeep Mukherjee & Manish Mohan Baral & Chittipaka Venkataiah & Surya Kant Pal & Ramji Nagariya, 2021. "Service robots are an option for contactless services due to the COVID-19 pandemic in the hotels," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 48(4), pages 445-460, December.
    2. Daniel K. Maduku & Steven Mbeya, 2024. "Understanding family takaful purchase behaviour: the roles of religious obligation and gender," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(2), pages 440-458, June.
    3. Changhua Liao & Qihui Lu & Ying Shui, 2022. "Governmental Anti-Pandemic and Subsidy Strategies for Blockchain-Enabled Food Supply Chains in the Post-Pandemic Era," Sustainability, MDPI, vol. 14(15), pages 1-23, August.
    4. Ali Ihsan Ozdemir & Ilker Murat Ar & Ismail Erol, 2020. "Assessment of blockchain applications in travel and tourism industry," Quality & Quantity: International Journal of Methodology, Springer, vol. 54(5), pages 1549-1563, December.
    5. Lavaei Adaryani, Rasool & Palouj, Mojtaba & Karbasioun, Mostafa & Asadi, Ali & Gholami, Hesamedin & Kianirad, Ali & Joodi Damirchi, Milad, 2024. "Antecedents of blockchain adoption in the poultry supply chain: An extended UTAUT model," Technological Forecasting and Social Change, Elsevier, vol. 202(C).
    6. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2020. "The Unknown Potential of Blockchain for Sustainable Supply Chains," Sustainability, MDPI, vol. 12(22), pages 1-16, November.
    7. Kouhizadeh, Mahtab & Saberi, Sara & Sarkis, Joseph, 2021. "Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers," International Journal of Production Economics, Elsevier, vol. 231(C).
    8. Chuangneng Cai & Xiancheng Hao & Kui Wang & Xuebing Dong, 2023. "The Impact of Perceived Benefits on Blockchain Adoption in Supply Chain Management," Sustainability, MDPI, vol. 15(8), pages 1-24, April.
    9. Jonathan Jan Pieters & Alinda Kokkinou & Ton Kollenburg, 2022. "Understanding Blockchain Technology Adoption by Non-experts: an Application of the Unified Theory of Acceptance and Use of Technology (UTAUT)," SN Operations Research Forum, Springer, vol. 3(1), pages 1-19, March.
    10. Sahebi, Iman Ghasemian & Mosayebi, Alireza & Masoomi, Behzad & Marandi, Fatemeh, 2022. "Modeling the enablers for blockchain technology adoption in renewable energy supply chain," Technology in Society, Elsevier, vol. 68(C).
    11. Montecchi, Matteo & Plangger, Kirk & West, Douglas C., 2021. "Supply chain transparency: A bibliometric review and research agenda," International Journal of Production Economics, Elsevier, vol. 238(C).
    12. Archana A Mukherjee & Rajesh Kumar Singh & Ruchi Mishra & Surajit Bag, 2022. "Application of blockchain technology for sustainability development in agricultural supply chain: justification framework," Operations Management Research, Springer, vol. 15(1), pages 46-61, June.
    13. von Zahn, Moritz & Bauer, Kevin & Mihale-Wilson, Cristina & Jagow, Johanna & Speicher, Max & Hinz, Oliver, 2022. "The smart green nudge: Reducing product returns through enriched digital footprints & causal machine learning," SAFE Working Paper Series 363, Leibniz Institute for Financial Research SAFE, revised 2022.
    14. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    15. Tsolakis, Naoum & Niedenzu, Denis & Simonetto, Melissa & Dora, Manoj & Kumar, Mukesh, 2021. "Supply network design to address United Nations Sustainable Development Goals: A case study of blockchain implementation in Thai fish industry," Journal of Business Research, Elsevier, vol. 131(C), pages 495-519.
    16. Hashimy, Loha & Geetika, Jain & Grifell-Tatje, Emili, 2023. "Determinants of Blockchain Adoption as Decentralized Business Model by Spanish Firms: – An Innovation Theory Perspective," MPRA Paper 119903, University Library of Munich, Germany.
    17. Yu-Cheng Kao & Kao-Yi Shen & San-Ting Lee & Joseph C. P. Shieh, 2022. "Selecting the Fintech Strategy for Supply Chain Finance: A Hybrid Decision Approach for Banks," Mathematics, MDPI, vol. 10(14), pages 1-20, July.
    18. Yadav, Amit Kumar & Shweta, & Kumar, Dinesh, 2023. "Blockchain technology and vaccine supply chain: Exploration and analysis of the adoption barriers in the Indian context," International Journal of Production Economics, Elsevier, vol. 255(C).
    19. Ajay Kumar Pandey & Yash Daultani & Saurabh Pratap, 2024. "Blockchain technology enabled critical success factors for supply chain resilience and sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1533-1554, February.
    20. Priyanka Vern & Anupama Panghal & Rahul S Mor & Sachin S. Kamble & Md. Shamimul Islam & Syed Abdul Rehman Khan, 2023. "Influential barriers to blockchain technology implementation in agri-food supply chain," Operations Management Research, Springer, vol. 16(3), pages 1206-1219, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jadmsc:v:14:y:2024:i:11:p:298-:d:1518487. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.