Blockchain and sustainable supply chain management in developing countries
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Nir B. Kshetri, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: Theoretical, empirical and anecdotal evidence suggests that there are more violations of sustainability principles in supply chains in developing countries than in developed countries. Recent research has demonstrated that blockchain can play an important role in promoting supply chain sustainability. In this paper we argue that blockchain’s characteristics are especially important for enforcing sustainability standards in developing countries. We analyze multiple case studies of blockchain projects implemented in supply chains in developing countries to assess product quality, environmental accounting and social impact measurement. We have developed seven propositions, which describe how blockchain can help address a number of challenges various stakeholders face in promoting sustainable supply chains in developing countries. The challenges that the propositions deal with include those associated with an unfavorable institutional environment, high costs, technological limitations, unequal power distribution among supply chain partners and porosity and opacity of value delivery networks.
Blockchain and sustainable supply chain management in developing countries
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Created on 6/17/2021
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Additional Information
- Publication
- International Journal of Information Management, 60, 102376. https://doi.org/10.1016/j.ijinfomgt.2021.102376
- Language: English
- Date: 2021
- Keywords
- Blockchain, Developing countries, Ethical dilemmas, Institutions, Smart contract, Supply chain, Sustainability, Traceability