Implementation of Blockchain in the Modern Supply Chain
Ryder, Arnie (2024)
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024052817278
https://urn.fi/URN:NBN:fi:amk-2024052817278
Tiivistelmä
The way international companies operate in the 21st century is everchanging with a shift of reliance and importance placed onto the supply chain network. With this shift comes new challenges. One exciting solution is a technology called Blockchain which has demonstrated potential in other industries already. Blockchain is an example of an emerging industry 4.0 technology which has grown rapidly past being a mere trend and materialised into something quantifiable.
The author conducted this research to investigate the feasibility of using blockchain technology as a solution to the common challenges faced by the modern supply chain. The author has opted to use secondary research, in the form of desktop, to answer each respective investigative question. The investigative questions were used to answer the research question of ‘what are the recommendations for a logistics company implementing Blockchain technology?’. The author has only included fundamental a review of both supply chain and blockchain qualities and theories due to the extensive nature of the topics.
The objective was to cater to the broader audience through the introduction of what the technology is, it’s essential characteristics and a comprehensive review of currently available applications. This has been presented through the theoretical framework, accompanied with figures. The author believes the results found in section 3 have offered legitimacy to this research as it entails real-life examples of blockchain based applications and their respective industry utilisation presenting credibility to potential implementation.
Whilst the results encompassed a large amount of theory regarding blockchain, it’s uses and applications, the author acknowledges the limitations created by the lack of different research methods. The results display the true potential found whilst also acknowledging the drawbacks offering an unbiased review of the subject at hand.
The author conducted this research to investigate the feasibility of using blockchain technology as a solution to the common challenges faced by the modern supply chain. The author has opted to use secondary research, in the form of desktop, to answer each respective investigative question. The investigative questions were used to answer the research question of ‘what are the recommendations for a logistics company implementing Blockchain technology?’. The author has only included fundamental a review of both supply chain and blockchain qualities and theories due to the extensive nature of the topics.
The objective was to cater to the broader audience through the introduction of what the technology is, it’s essential characteristics and a comprehensive review of currently available applications. This has been presented through the theoretical framework, accompanied with figures. The author believes the results found in section 3 have offered legitimacy to this research as it entails real-life examples of blockchain based applications and their respective industry utilisation presenting credibility to potential implementation.
Whilst the results encompassed a large amount of theory regarding blockchain, it’s uses and applications, the author acknowledges the limitations created by the lack of different research methods. The results display the true potential found whilst also acknowledging the drawbacks offering an unbiased review of the subject at hand.