How blockchain technology hyperautomatically affects corporate performance by green supply chain?
Fei Jiang, Khong Kok Wei, Sin-Pei Ng, Muslim Amin, Halimin Herjanto, Jie Liu
Abstract
Hyperautomation is a true digital transformation using advanced techniques and automates complicated business processes. Blockchain-based networks have hyper-automation turbo-boost power as they create tamper-proof, real-time data exchange networks. The study aims to examine the impact of blockchain on the performance of Chinese electronics manufacturers through the green supply chain and circular economy in the hyper-automation environment. Respondents (n = 376) in the present study were made up of employees from 300 China-based electronics companies. The results show that blockchain technology with hyper-automation can impact business performance through a circular economy and green supply chain. In addition, they have direct practical implications for Chinese electronics manufacturers moving towards a green supply chain by applying blockchain in the hyper-automation environment.