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...

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Main Authors: Rasi, Raja Zuraidah, Rakiman, Umol Syamsyul, Raja Mohd. Radzi, Raja Zahilah, Masrom, Nor Ratna, Sundram, Veera Pandiyan Kaliani
Format: Article
Language:English
Published: 2022
Subjects:
Online Access:http://eprints.uthm.edu.my/7254/
http://eprints.uthm.edu.my/7254/1/J14225_53afcfa9049abe6f9991e489549ac82e.pdf
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author Rasi, Raja Zuraidah
Rakiman, Umol Syamsyul
Raja Mohd. Radzi, Raja Zahilah
Masrom, Nor Ratna
Sundram, Veera Pandiyan Kaliani
author_facet Rasi, Raja Zuraidah
Rakiman, Umol Syamsyul
Raja Mohd. Radzi, Raja Zahilah
Masrom, Nor Ratna
Sundram, Veera Pandiyan Kaliani
author_sort Rasi, Raja Zuraidah
building UTHM Institutional Repository
collection Online Access
description 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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spelling uthm-72542022-07-05T01:47:00Z http://eprints.uthm.edu.my/7254/ A literature review on blockchain technology: risk in supply chain management Rasi, Raja Zuraidah Rakiman, Umol Syamsyul Raja Mohd. Radzi, Raja Zahilah Masrom, Nor Ratna Sundram, Veera Pandiyan Kaliani HD28-70 Management. Industrial 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 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. 2022 Article PeerReviewed text en http://eprints.uthm.edu.my/7254/1/J14225_53afcfa9049abe6f9991e489549ac82e.pdf Rasi, Raja Zuraidah and Rakiman, Umol Syamsyul and Raja Mohd. Radzi, Raja Zahilah and Masrom, Nor Ratna and Sundram, Veera Pandiyan Kaliani (2022) A literature review on blockchain technology: risk in supply chain management. IEEE ENGINEERING MANAGEMENT REVIEW, 50 (1). pp. 186-200. https://doi.org/ 10.1109/EMR.2021.3133447
spellingShingle HD28-70 Management. Industrial Management
Rasi, Raja Zuraidah
Rakiman, Umol Syamsyul
Raja Mohd. Radzi, Raja Zahilah
Masrom, Nor Ratna
Sundram, Veera Pandiyan Kaliani
A literature review on blockchain technology: risk in supply chain management
title A literature review on blockchain technology: risk in supply chain management
title_full A literature review on blockchain technology: risk in supply chain management
title_fullStr A literature review on blockchain technology: risk in supply chain management
title_full_unstemmed A literature review on blockchain technology: risk in supply chain management
title_short A literature review on blockchain technology: risk in supply chain management
title_sort literature review on blockchain technology: risk in supply chain management
topic HD28-70 Management. Industrial Management
url http://eprints.uthm.edu.my/7254/
http://eprints.uthm.edu.my/7254/
http://eprints.uthm.edu.my/7254/1/J14225_53afcfa9049abe6f9991e489549ac82e.pdf