Requirements for Blockchain Technology in Supply Chain Management: An Exploratory Case Study
Ari Sivula, Ahm Shamsuzzoha, Petri Helo
Abstract
The aim of this research study is to look for possible research opportunities to applying blockchain technology in supply chain management and logistics. In addition, accompanying challenges to utilizing blockchain in supply chain management along with possible solutions are also provided. To fulfil the study objective, both theoretical and empirical approaches are adopted for this study. With respect to theoretical approach, relevant literature on blockchain was reviewed considering both technical and economic aspects, its architecture and implementation challenges. The empirical part of the research was conducted by studying three case companies operating in the domains of wood construction, consulting and regional development, and technology. Three case companies were analysed with respect to the application of blockchain in their supply chain operations. From the study outcomes, it was noticed that blockchain technology can be utilized successfully in supply chain management in various business domains in order to provide, for instance, better services and transparency.