A literature review on blockchain technology: risk in supply chain management
As blockchain technology is continuously evolving, questions arise regarding the possible risk of implementing blockchain technology in supply chain management (SCM). Prominent among these concerns is the risk that may negatively influence SCM and consider the potential solution to managing the...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
2022
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| Subjects: | |
| Online Access: | http://eprints.uthm.edu.my/7254/ http://eprints.uthm.edu.my/7254/1/J14225_53afcfa9049abe6f9991e489549ac82e.pdf |
| Summary: | As blockchain technology is continuously evolving, questions arise
regarding the possible risk of implementing blockchain technology in supply
chain management (SCM). Prominent among these concerns is the risk that
may negatively influence SCM and consider the potential solution to managing
the risk. This study adopts an integrative review method. An online search is
performed by considering relevant keywords related to “blockchain technology
risks” closely connected with the SCM context within the period of 2017 until
2021. Several major risks are identified—privacy, regulatory, financial,
technological, fraud, and operational risk. This article adopts an integrative
literature review method to select relevant literature related to blockchain
technology implementation in the supply chain. The integrative literature
review method is suitable for this study since the risk of implementing
blockchain technology is often shadowed by the benefits of implementing
blockchain technology in SCM. The findings are highlighted by categorizing
the potential risk that must be recognized in SCM to accompany the
blockchain technology and the importance of rectifying the risk according to
the organization’s capacity and resources. |
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