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Research on Innovation Management of Enterprise Supply Chain Digital Platform Based on Blockchain Technology

Author

Listed:
  • Lu Xiang

    (School of Management, Wuhan University of Technology, Wuhan 430070, China)

  • Renyong Hou

    (School of Management, Wuhan University of Technology, Wuhan 430070, China)

Abstract

Purpose: In response to the problems of high production costs, weak comprehensive competitiveness, and incomplete capital chain in the development of enterprises in the international market, this article proposes to apply blockchain technology to the digital platform of the supply chain. By scientifically managing the digital platform, enterprises can reduce production costs and improve their capital chain. Design/methodology/approach: In this long-term economic life, theoretical science and technology are still developing, gradually forming a blockchain-based enterprise supply chain development model. The continuous research on the blockchain theory can provide more convenient services for the supply chain digital platform innovation management. Findings: This article studies the entire supply chain management process through blockchain algorithms and innovative management methods, which can enable enterprises to further develop on the digital platform of supply chain, promote the digital construction of supply chain, and ensure the sustainable development of enterprises. Originality/value: This can reduce the supply chain digital platform innovation management risk of enterprises by more than 60%, as well as reduce the cost of enterprises, which has a more far-reaching impact on the sustainable development of enterprises.

Suggested Citation

  • Lu Xiang & Renyong Hou, 2023. "Research on Innovation Management of Enterprise Supply Chain Digital Platform Based on Blockchain Technology," Sustainability, MDPI, vol. 15(13), pages 1-13, June.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10198-:d:1180632
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    References listed on IDEAS

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    1. David Teh & Tehmina Khan & Brian Corbitt & Chin Eang Ong, 2020. "Sustainability strategy and blockchain-enabled life cycle assessment: a focus on materials industry," Environment Systems and Decisions, Springer, vol. 40(4), pages 605-622, December.
    2. Adele Parmentola & Antonella Petrillo & Ilaria Tutore & Fabio De Felice, 2022. "Is blockchain able to enhance environmental sustainability? A systematic review and research agenda from the perspective of Sustainable Development Goals (SDGs)," Business Strategy and the Environment, Wiley Blackwell, vol. 31(1), pages 194-217, January.
    3. Min Xu & Xingtong Chen & Gang Kou, 2019. "A systematic review of blockchain," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-14, December.
    4. Lang Zhang & Haiqing Hu & Dan Zhang, 2015. "A credit risk assessment model based on SVM for small and medium enterprises in supply chain finance," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 1(1), pages 1-21, December.
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