IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i11p8578-d1155475.html
   My bibliography  Save this article

Blockchain-Based and Value-Driven Enterprise Data Governance: A Collaborative Framework

Author

Listed:
  • Zhi Li

    (School of Electromechanical Engineering, Guangdong University of Technology, Guangzhou 510006, China)

  • Fuhe Liang

    (School of Electromechanical Engineering, Guangdong University of Technology, Guangzhou 510006, China)

  • Henan Hu

    (School of Law, South China University of Technology, Guangzhou 510006, China)

Abstract

The traditional mode of cooperation between enterprises still suffers from major problems, including data privacy leakage, data falsification, and inefficient collaboration in data sharing. These challenges make it difficult for enterprises to ensure that their cooperative suppliers adopt sustainable practices in standards identification and operation processes. This paper proposes a “Value–Standard–Process” collaborative framework for blockchain-based enterprise data governance that helps ensure a high degree of data security, a high reliability of collaborative tasks, and a high transparency of value transformation. First, this paper proposes a new collaborative mode for blockchain-based manufacturing in the sharing economy, including the non-linear dynamic evaluation and value balancing mechanism of data with multiple attributes, a trusted data governance mechanism for blockchain-based manufacturing, and a smart contract generation mechanism for value-driven collaboration. Second, this paper explains these three components and the implementation of the overall framework. Third, this paper verifies the applicability and achievability of the proposed framework through experiments. Establishing the value-driven multi-level blockchain-based collaboration mode facilitates the effective flow of production factors and promotes trust in the digital economy of sustainability.

Suggested Citation

  • Zhi Li & Fuhe Liang & Henan Hu, 2023. "Blockchain-Based and Value-Driven Enterprise Data Governance: A Collaborative Framework," Sustainability, MDPI, vol. 15(11), pages 1-15, May.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:11:p:8578-:d:1155475
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/11/8578/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/11/8578/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Summer K. Mohamed & Sandra Haddad & Mahmoud Barakat & Bojan Rosi, 2023. "Blockchain Technology Adoption for Improved Environmental Supply Chain Performance: The Mediation Effect of Supply Chain Resilience, Customer Integration, and Green Customer Information Sharing," Sustainability, MDPI, vol. 15(10), pages 1-20, May.
    2. Wei T. Yue & Dongming Xu, 2016. "IT-enabled business process management," Information Systems and e-Business Management, Springer, vol. 14(4), pages 691-692, November.
    3. Jinyu Wei & Xiuping Yi & Xin Yang & Yaoxi Liu, 2023. "Blockchain-Based Design of a Government Incentive Mechanism for Manufacturing Supply Chain Data Governance," Sustainability, MDPI, vol. 15(8), pages 1-21, April.
    4. Zhi Li & Hanyang Guo & Ali Vatankhah Barenji & W. M. Wang & Yijiang Guan & George Q. Huang, 2020. "A sustainable production capability evaluation mechanism based on blockchain, LSTM, analytic hierarchy process for supply chain network," International Journal of Production Research, Taylor & Francis Journals, vol. 58(24), pages 7399-7419, December.
    5. André Hanelt & René Bohnsack & David Marz & Cláudia Antunes Marante, 2021. "A Systematic Review of the Literature on Digital Transformation: Insights and Implications for Strategy and Organizational Change," Journal of Management Studies, Wiley Blackwell, vol. 58(5), pages 1159-1197, July.
    6. Shivam Gupta & Jazmin Campos Zeballos & Gema del Río Castro & Ana Tomičić & Sergio Andrés Morales & Maya Mahfouz & Isimemen Osemwegie & Vicky Phemia Comlan Sessi & Marina Schmitz & Nady Mahmoud & Mnen, 2023. "Operationalizing Digitainability: Encouraging Mindfulness to Harness the Power of Digitalization for Sustainable Development," Sustainability, MDPI, vol. 15(8), pages 1-37, April.
    7. Muhammad Hamza Naseem & Jiaqi Yang & Tongxia Zhang & Waseem Alam, 2023. "Utilizing Fuzzy AHP in the Evaluation of Barriers to Blockchain Implementation in Reverse Logistics," Sustainability, MDPI, vol. 15(10), pages 1-17, May.
    8. Jovanovic, Marin & Sjödin, David & Parida, Vinit, 2022. "Co-evolution of platform architecture, platform services, and platform governance: Expanding the platform value of industrial digital platforms," Technovation, Elsevier, vol. 118(C).
    9. Basim Aljabhan & Muath A. Obaidat, 2023. "Privacy-Preserving Blockchain Framework for Supply Chain Management: Perceptive Craving Game Search Optimization (PCGSO)," Sustainability, MDPI, vol. 15(8), pages 1-23, April.
    10. Ali Vatankhah Barenji & Zhi Li & W. M. Wang & George Q. Huang & David A. Guerra-Zubiaga, 2020. "Blockchain-based ubiquitous manufacturing: a secure and reliable cyber-physical system," International Journal of Production Research, Taylor & Francis Journals, vol. 58(7), pages 2200-2221, April.
    11. Li, Ming & Li, Zhi & Huang, Xidian & Qu, Ting, 2021. "Blockchain-based digital twin sharing platform for reconfigurable socialized manufacturing resource integration," International Journal of Production Economics, Elsevier, vol. 240(C).
    12. Jasur Salikhov & Saidjahon Hayrutdinov & Timur K. Muminov, 2023. "Blockchain-Enabled Sustainable Supply Chain under Information Sharing and Recovery Quality Efforts," Sustainability, MDPI, vol. 15(5), pages 1-14, February.
    Full references (including those not matched with items on IDEAS)

    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. Qingyu Zhang & Salman Khan & Safeer Ullah Khan & Ikram Ullah Khan, 2023. "Understanding Blockchain Technology Adoption in Operation and Supply Chain Management of Pakistan: Extending UTAUT Model With Technology Readiness, Technology Affinity and Trust," SAGE Open, , vol. 13(4), pages 21582440231, October.
    2. Leng, Jiewu & Ruan, Guolei & Jiang, Pingyu & Xu, Kailin & Liu, Qiang & Zhou, Xueliang & Liu, Chao, 2020. "Blockchain-empowered sustainable manufacturing and product lifecycle management in industry 4.0: A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    3. Choi, Tsan-Ming & Siqin, Tana, 2022. "Blockchain in logistics and production from Blockchain 1.0 to Blockchain 5.0: An intra-inter-organizational framework," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 160(C).
    4. Wang, Bing & Ma, Ming & Zhang, Zongyi & Li, Chunhong, 2024. "How do the key capabilities of the industrial internet platform support its growth? A longitudinal case study based on the resource orchestration perspective," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    5. Wang, Binni & Wang, Pong & Tu, Yiliu, 2021. "Customer satisfaction service match and service quality-based blockchain cloud manufacturing," International Journal of Production Economics, Elsevier, vol. 240(C).
    6. Jinqiu He & Huiwen Su, 2022. "Digital Transformation and Green Innovation of Chinese Firms: The Moderating Role of Regulatory Pressure and International Opportunities," IJERPH, MDPI, vol. 19(20), pages 1-21, October.
    7. Rizvi, Syed Kumail Abbas & Rahat, Birjees & Naqvi, Bushra & Umar, Muhammad, 2024. "Revolutionizing finance: The synergy of fintech, digital adoption, and innovation," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    8. Cong Cheng & Hongfang Cui, 2024. "Combining digital and legacy technologies: firm digital transformation strategies—evidence from Chinese manufacturing companies," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    9. Ding, Jiantao & Yin, Yingkai & Kuang, Jinsong & Ding, Dezhi & Madsen, Dag.Øivind & Yang, Kunyu, 2024. "The impact of enterprise digital transformation on financial mismatch: Empirical evidence from listed companies in China," Finance Research Letters, Elsevier, vol. 66(C).
    10. Papanagnou, Christos & Seiler, Andreas & Spanaki, Konstantina & Papadopoulos, Thanos & Bourlakis, Michael, 2022. "Data-driven digital transformation for emergency situations: The case of the UK retail sector," International Journal of Production Economics, Elsevier, vol. 250(C).
    11. Markus Menz & Sven Kunisch & Julian Birkinshaw & David J. Collis & Nicolai J. Foss & Robert E. Hoskisson & John E. Prescott, 2021. "Corporate Strategy and the Theory of the Firm in the Digital Age," Journal of Management Studies, Wiley Blackwell, vol. 58(7), pages 1695-1720, November.
    12. Patrick Spieth & Tobias Röth & Thomas Clauss & Christoph Klos, 2021. "Technological Frames in the Digital Age: Theory, Measurement Instrument, and Future Research Areas," Journal of Management Studies, Wiley Blackwell, vol. 58(7), pages 1962-1993, November.
    13. Deist, Maximilian K. & McDowell, William C. & Bouncken, Ricarda B., 2023. "Digital units and digital innovation: Balancing fluidity and stability for the Creation, Conversion, and Dissemination of sticky knowledge," Journal of Business Research, Elsevier, vol. 161(C).
    14. Anhang Chen & Huiqin Zhang & Yuxiang Zhang & Junwei Zhao, 2024. "Manufacturers’ digital transformation under carbon cap-and-trade policy: investment strategy and environmental impact," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    15. Ismael Cristofer Baierle & Francisco Tardelli da Silva & Ricardo Gonçalves de Faria Correa & Jones Luís Schaefer & Matheus Becker Da Costa & Guilherme Brittes Benitez & Elpidio Oscar Benitez Nara, 2022. "Competitiveness of Food Industry in the Era of Digital Transformation towards Agriculture 4.0," Sustainability, MDPI, vol. 14(18), pages 1-22, September.
    16. Zhengwei Li & Yadan Zheng & Xin Zhao, 2024. "The impacts of platform owner entry on prospective complementors’ intention to join: Discouraged by deterrent or attracted by good reputation," Electronic Markets, Springer;IIM University of St. Gallen, vol. 34(1), pages 1-16, December.
    17. Fatih Gurcan & Gizem Dilan Boztas & Gonca Gokce Menekse Dalveren & Mohammad Derawi, 2023. "Digital Transformation Strategies, Practices, and Trends: A Large-Scale Retrospective Study Based on Machine Learning," Sustainability, MDPI, vol. 15(9), pages 1-23, May.
    18. Marić, Josip & Opazo-Basáez, Marco & Vlačić, Božidar & Dabić, Marina, 2023. "Innovation management of three-dimensional printing (3DP) technology: Disclosing insights from existing literature and determining future research streams," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    19. Belhadi, Amine & Venkatesh, Mani & Kamble, Sachin & Abedin, Mohammad Zoynul, 2024. "Data-driven digital transformation for supply chain carbon neutrality: Insights from cross-sector supply chain," International Journal of Production Economics, Elsevier, vol. 270(C).
    20. Bora Ly, 2024. "The Interplay of Digital Transformational Leadership, Organizational Agility, and Digital Transformation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4408-4427, March.

    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:jsusta:v:15:y:2023:i:11:p:8578-:d:1155475. 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.