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Blockchain-Based Model to Improve the Performance of the Next-Generation Digital Supply Chain

Author

Listed:
  • Sumit Kumar Rana

    (Computer Science and Engineering Department, Maharishi Markandeshwar (Deemed to be University), Ambala 133207, India)

  • Hee-Cheol Kim

    (College of AI Convergence/Institute of Digital Anti-Aging Healthcare/u-AHRC, Inje University, Gimhae 50834, Korea)

  • Subhendu Kumar Pani

    (Department of Computer Applications, Krupajal Computer Academy, Bhubaneswar 751002, India)

  • Sanjeev Kumar Rana

    (Computer Science and Engineering Department, Maharishi Markandeshwar (Deemed to be University), Ambala 133207, India)

  • Moon-Il Joo

    (Institute of Digital Anti-Aging Healthcare, Inje University, Gimhae 50834, Korea)

  • Arun Kumar Rana

    (Department of Electronics and Communication Engineering, Panipat Institute of Engineering and Technology, Samalkha, Panipat 132102, India)

  • Satyabrata Aich

    (Wellmatix Corporation Limited, Changwon 51395, Korea)

Abstract

In the era of the fourth industrial revolution, all aspects of the industrial domain are being affected by emerging technologies. Digitalization of every process is taking place or under process. One of the most important components common to every domain is the supply chain process. Organizations employ a digital supply chain to track the delivery of their products or materials. The digital supply chain is still suffering from a few issues such as no provenance, less transparency, and a trust issue. Blockchain technology, one of the emerging technologies, can be integrated with the supply chain to deal with the existing issues and to improve its performance. In this paper, a model is proposed to integrate blockchain technology with the supply chain to improve performance. The proposed model uses the combination of the Ethereum blockchain and the interplanetary file system to maintain the traceability, transparency, and trustworthiness of the supply chain.

Suggested Citation

  • Sumit Kumar Rana & Hee-Cheol Kim & Subhendu Kumar Pani & Sanjeev Kumar Rana & Moon-Il Joo & Arun Kumar Rana & Satyabrata Aich, 2021. "Blockchain-Based Model to Improve the Performance of the Next-Generation Digital Supply Chain," Sustainability, MDPI, vol. 13(18), pages 1-16, September.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:18:p:10008-:d:630473
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    References listed on IDEAS

    as
    1. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2021. "Sustainable Supply Chains with Blockchain, IoT and RFID: A Simulation on Order Management," Sustainability, MDPI, vol. 13(11), pages 1-23, June.
    2. 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.
    3. Ahmad A. A. Khanfar & Mohammad Iranmanesh & Morteza Ghobakhloo & Madugoda Gunaratnege Senali & Masood Fathi, 2021. "Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review," Sustainability, MDPI, vol. 13(14), pages 1-20, July.
    4. Mehrdokht Pournader & Yangyan Shi & Stefan Seuring & S.C. Lenny Koh, 2020. "Blockchain applications in supply chains, transport and logistics: a systematic review of the literature," International Journal of Production Research, Taylor & Francis Journals, vol. 58(7), pages 2063-2081, April.
    5. Jamilya Nurgazina & Udsanee Pakdeetrakulwong & Thomas Moser & Gerald Reiner, 2021. "Distributed Ledger Technology Applications in Food Supply Chains: A Review of Challenges and Future Research Directions," Sustainability, MDPI, vol. 13(8), pages 1-26, April.
    6. Weili Yin & Wenxue Ran, 2021. "Theoretical Exploration of Supply Chain Viability Utilizing Blockchain Technology," Sustainability, MDPI, vol. 13(15), pages 1-25, July.
    7. Michael Paul Kramer & Linda Bitsch & Jon Hanf, 2021. "Blockchain and Its Impacts on Agri-Food Supply Chain Network Management," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    8. Arim Park & Huan Li, 2021. "The Effect of Blockchain Technology on Supply Chain Sustainability Performances," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
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    Cited by:

    1. Agnieszka A. Tubis & Katarzyna Grzybowska & Bartosz Król, 2023. "Supply Chain in the Digital Age: A Scientometric–Thematic Literature Review," Sustainability, MDPI, vol. 15(14), pages 1-25, July.
    2. Syaiful Anwar & Tomy Perdana & Meddy Rachmadi & Trisna Insan Noor, 2022. "Traceability Information Model for Sustainability of Black Soybean Supply Chain: A Systematic Literature Review," Sustainability, MDPI, vol. 14(15), pages 1-19, August.
    3. Ulpan Tokkozhina & Ana Lucia Martins & Joao C. Ferreira, 2023. "Uncovering dimensions of the impact of blockchain technology in supply chain management," Operations Management Research, Springer, vol. 16(1), pages 99-125, March.

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