Search results

1 – 10 of 718
Article
Publication date: 30 May 2020

Ismail Erol, Ilker Murat Ar, Ali Ihsan Ozdemir, Iskender Peker, Ali Asgary, Ihsan Tolga Medeni and Tunc Medeni

The objective of this study is to assess quantitatively how feasible blockchain is for various industries, such as logistics and supply chain, health, energy, finance, automotive…

1777

Abstract

Purpose

The objective of this study is to assess quantitatively how feasible blockchain is for various industries, such as logistics and supply chain, health, energy, finance, automotive, pharmaceutical and agriculture and food using a comprehensive list of indicators.

Design/methodology/approach

A decision aid was applied to the problem of identifying the feasibility of blockchain in Turkish industries. To this end, first, a set of indicators was identified. Then, the fuzzy AHP and fuzzy TOPSIS were utilized to assess the feasibility comparatively using the data gathered from a group of experts. Finally, a scenario analysis was conducted to ensure the consistency of our evaluation.

Findings

The findings of this study suggest that comparatively, logistics and supply chain, finance and health industries are the most feasible industries for blockchain. This study further suggests that blockchain is the least feasible for the automotive industry compared to the rest of the identified industries.

Research limitations/implications

It is cumbersome to find out the respondents who have sufficient knowledge of both blockchain and the identified industries. Even if we took the utmost care in identifying the right respondents, we limited our search to the biggest industrial hubs of Turkey.

Practical implications

The findings of this research may help various decision-makers employed in governments, conglomerates, software and consulting firms and national research institutions make more informed decisions and allocate their resources more effectively.

Originality/value

To this date, the current studies have solely investigated possible research opportunities in blockchain and demonstrated several blockchain applications in stand-alone cases. To the best of our knowledge, however, no single study exists that evaluates the feasibility of blockchain comparatively and holistically among a group of industries using various indicators.

Details

Journal of Enterprise Information Management, vol. 34 no. 3
Type: Research Article
ISSN: 1741-0398

Keywords

Article
Publication date: 13 November 2019

Alireza Shojaei, Jun Wang and Andriel Fenner

The purpose of this paper is to show the feasibility of blockchain technology to perform as an infrastructure for improving built asset sustainability by providing all the…

1986

Abstract

Purpose

The purpose of this paper is to show the feasibility of blockchain technology to perform as an infrastructure for improving built asset sustainability by providing all the necessary information for better decision making at all the stages of its life cycle.

Design/methodology/approach

Blockchain technology can be used as a tool to build a reliable and secure decentralized information system to capture and disseminate all the data required for different sustainability assessment models. A model is designed and tested through a synthetic scenario to substantiate the research objective with empirical work.

Findings

It is shown that blockchain can revolutionize the current state of knowledge for long-term sustainability thinking and provide necessary information in different stages of the life cycle of a built asset. With the proposed decentralized, transparent and comprehensive database using blockchain, the life cycle assessment methods can become much more inclusive and reliable. The new holistic analysis of the built asset sustainability enables better decision making in design, build, operation and demolition of each asset.

Originality/value

This paper proposes and tests a model for using blockchain as an infrastructure to support built asset sustainability. Practitioners from different backgrounds at different stages of a built asset life cycle can use such a network to make better decisions and better assess the sustainability of their built assets.

Details

Built Environment Project and Asset Management, vol. 10 no. 2
Type: Research Article
ISSN: 2044-124X

Keywords

Article
Publication date: 2 August 2021

Mazen El-Masri and Eiman Mutwali Abdelmageed Hussain

Blockchain is evolving to become a platform for securing Internet of things (IoT) ecosystems. Still, challenges remain. The purpose of this literature review is to highlight the…

890

Abstract

Purpose

Blockchain is evolving to become a platform for securing Internet of things (IoT) ecosystems. Still, challenges remain. The purpose of this literature review is to highlight the applicability of blockchain as a medium to secure IoT ecosystems. A two-dimensional framework anchored on (1) IoT layers and (2) security goals is used to organize the existent IoT security threats and their corresponding countermeasures identified in the reviewed literature. The framework helped in mapping the IoT security threats with the inherent features of blockchain and accentuate their prominence to IoT security.

Design/methodology/approach

An approach integrating computerized natural language processing (NLP) with a systematic literature review methodology was adopted. A large corpus of 2,303 titles and abstracts of blockchain articles was programmatically analyzed in order to identify the relevant literature. The identified literature was subjected to a systematic review guided by a well-established method in IS research.

Findings

The literature evidently highlights the prominence of blockchain as a mean to IoT security due to the distinctive features it encompasses. The authors’ investigation revealed that numerous existent threats are better addressed with blockchain than conventional mechanisms. Nevertheless, blockchain consumes resources such as electricity, time, bandwidth and disk space at a rate that is not yet easily accessible to common IoT ecosystems.

Research limitations/implications

Results suggest that a configurational approach that aligns IoT security requirements with the resource requirements of different blockchain features is necessary in order to realize the proper balance between security, efficiency and feasibility.

Practical implications

Practitioners can make use of the classified lists of convention security mechanisms and the IoT threats they address. The framework can help underline the countermeasures that best achieve their security goals. Practitioners can also use the framework to identify the most important features to seek for in a blockchain technology that can help them achieve their security goals.

Originality/value

This study proposes a novel framework that can help classify IoT threats based on the IoT layer impacted and the security goal at risk. Moreover, it applies a combined man-machine approach to systematically analyze the literature.

Details

Journal of Enterprise Information Management, vol. 34 no. 5
Type: Research Article
ISSN: 1741-0398

Keywords

Content available
Article
Publication date: 12 October 2021

Dimitrios V. Lyridis, Georgios O. Andreadis, Christos Papaleonidas and Violetta Tsiampa

The current study addresses how blockchain can deal with the challenges that the midstream liquefied natural gas (LNG) supply chain poses combined from a management standpoint…

1715

Abstract

Purpose

The current study addresses how blockchain can deal with the challenges that the midstream liquefied natural gas (LNG) supply chain poses combined from a management standpoint. Such challenges are: the volume of transactions, communication hurdles and the lack of contemporary management tools. The paper proposes a comprehensive framework to assess the impact of blockchain implementation in the midstream LNG supply chain in order to tackle those barriers.

Design/methodology/approach

The basis of the research is the business process modelling (BPM), through which entities, roles, tasks, resources and transactions can be modelled and simulated. The modelling of the midstream LNG supply chain, via BPM, is based on guidelines of the Society of International Gas Tanker and Terminal Operators (SIGGTO) and common industry business models. A quantitative analysis is employed to support the motivation and the potential impact of blockchain implementation. The methodology is used to identify (1) inefficiencies related to large volume of transactions between stakeholders and (2) critical areas of an LNG shipping company, where blockchain can be implemented.

Findings

Process repeatability, numerous shared documentation forms, excessive paperwork and communication imbroglios are mapped from the modelling section. Up to 327 processes are repeated during a typical vessel voyage, and up to 122 shared documentation forms are exchanged. Excessive paperwork and communication imbroglios are tracked through, which correspond to 25 severe errors as detected. By implementing the methodology, stakeholders can quantify the possible impact of blockchain on the operational performance of each stakeholder's operations separately and the supply chain as a whole in terms of real-time monitoring, transparency and paperwork reduction, time and cost savings.

Research limitations/implications

The research has certain limitations deriving from its conceptual nature. The business processes' modelling is based on standard procedures described in the guidelines by SIGGTO and may need further adjustment for specific use cases. A structured case study has not been realisable as corporate data for an LNG shipping company regarding processes and other commercial sensitive information are required.

Practical implications

Potential practitioners may exploit the proposed framework as a low cost and seamless tool to evaluate how blockchain could disrupt their operations. Thus, the blockchain implementation's improvements or weaknesses can be pinpointed, and enabling the interested stakeholder of the LNG supply chain with specific feedback, it can guide them towards informed decisions on their operations.

Originality/value

The research has a novel approach as it combines the creation of practical management framework, with a comprehensive visualization of the midstream LNG supply chain. Thus, the reader can identify in which parts of the midstream LNG supply chain can blockchain be implemented, and what impact it could have in terms of supply chain operations.

Details

Maritime Business Review, vol. 7 no. 1
Type: Research Article
ISSN: 2397-3757

Keywords

Article
Publication date: 11 December 2020

Jiajun Liu and Pingyu Jiang

Social manufacturing has emerged. It aims to integrate the manufacturing resources of micro- and small-scale manufacturing enterprises (MSMEs) and help MSMEs cope with the…

551

Abstract

Purpose

Social manufacturing has emerged. It aims to integrate the manufacturing resources of micro- and small-scale manufacturing enterprises (MSMEs) and help MSMEs cope with the dynamic, service-oriented and personalized market demands. In social manufacturing, MSMEs cooperate with each other through manufacturing resource sharing. However, because MSMEs are distributed and decentralized, the efficiency of establishing reliable cooperation between MSMEs is relatively low. Therefore, this paper presents a blockchain-driven cyber-credit evaluation system (BCCES) to implement distributed cyber-credit evaluation. BCCES can provide reliable cyber-credit for distributed MSMEs without the trusted third party. This can improve the efficiency of establishing reliable cooperation among unauthentic MSMEs.

Design/methodology/approach

The paper proposes a BCCES to evaluate MSMEs' cyber-credit in decentralized environment. In BCCES, a cyber-credit evaluation model is proposed by improving set pair analysis (SPA) method, and cyber-credit smart contract and distributed consensus mechanism are designed according to the runtime logic of distributed cyber-credit evaluation.

Findings

The results confirmed that BCCES is feasible and effective to implement cyber-credit evaluation without the trusted third party. With the advantages of blockchain, BCCES can automatically realize cyber-credit evaluation through smart contract and distributed consensus. At the same time, BCCES can evaluate the real-time cyber-credit of MSMEs based on their latest service evaluation. In addition, we can design corresponding smart contracts according to actual requirements, which makes blockchain applicable to different distributed scenarios.

Originality/value

The paper combines blockchain and SPA to implement cyber-credit evaluation in social manufacturing and provides a new feasible idea for cyber-credit evaluation without the trusted third party. This can also provide MSMEs a reference of applying blockchain to other distributed scenarios through combining smart contract and different algorithms.

Details

Industrial Management & Data Systems, vol. 121 no. 4
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 31 July 2020

Lurdes D. Patrício and João J. Ferreira

The continuous presence and intensity of the Internet of things (IoT) in our lives and the risk of security breaches in traditional transactional and financial platforms are the…

Abstract

Purpose

The continuous presence and intensity of the Internet of things (IoT) in our lives and the risk of security breaches in traditional transactional and financial platforms are the major cause of personal and organizational data losses. Blockchain emerges as a promised technology to ensure higher levels of data encryption and security. Thus, this study aims to develop a systematic literature review analyzing the previous literature and to purpose of a framework to better understand the process of blockchain security.

Design/methodology/approach

The 75 articles reviewed were obtained through the Scopus database and a bibliographic-coupling analysis was developed to identify the main themes of this research area, via VOSviewer software.

Findings

The results enable the categorization of the existing literature revealing four clusters: 1) feasibility, 2) fintech and cryptocurrency, 3) data trust and share and 4) applicability. Blockchain technology is still in its early stage of development and counting on researchers in security and cryptography to take it further to new highs, to allow its applicability to different areas and in long-term scenarios.

Originality/value

This systematic literature creates a base to reduce the blockchain security literature gap. In addition, it provides a framework that enables the scientific community to access the main subjects discussed and the articulation between concepts. Furthermore, it enhances the state-of-the-art literature on blockchain security and proposes a future research agenda.

Details

Journal of Advances in Management Research, vol. 18 no. 1
Type: Research Article
ISSN: 0972-7981

Keywords

Article
Publication date: 20 July 2023

Zaid Jaradat, Ahmad Al-Hawamleh, Mohannad Obeid Al Shbail and Allam Hamdan

This study aims to examine the feasibility of adopting blockchain technology in Jordan’s industrial sector and its intangible benefits. It also analyzes the influence of factors…

Abstract

Purpose

This study aims to examine the feasibility of adopting blockchain technology in Jordan’s industrial sector and its intangible benefits. It also analyzes the influence of factors like technological, process, cultural and leadership readiness on the willingness of enterprises to adopt blockchain.

Design/methodology/approach

To gain insights into the potential adoption of blockchain technology and its intangible benefits for enterprises in the Jordanian industrial sector, this study gathered perspectives from a broad range of professionals, including financial managers, internal control staff, accounting departments, IT department managers and IS-related personnel. This was achieved through the administration of a comprehensive questionnaire designed to capture their opinions.

Findings

This study highlights the importance of technological and leadership readiness in adopting blockchain. It also shows that blockchain adoption can yield significant intangible benefits for enterprises. However, the study did not find a significant relationship between process readiness, cultural readiness and the intention to adopt blockchain.

Practical implications

The study’s outcomes underscore the importance of prioritizing technological and leadership readiness for enterprises and policymakers intending to adopt blockchain technology. By doing so, they can increase their willingness to adopt this technology and leverage its benefits.

Originality/value

This pioneering study investigates the adoption of blockchain technology and its intangible benefits for Jordanian businesses. It also examines the influence of factors like technological, process, cultural and leadership readiness on the decision to adopt blockchain in the industrial sector.

Details

Journal of Financial Reporting and Accounting, vol. 22 no. 2
Type: Research Article
ISSN: 1985-2517

Keywords

Article
Publication date: 22 January 2024

Yanhui Du, Jingfeng Yuan, ShouQing Wang, Yan Liu and Ningshuang Zeng

The information used for supervision by regulatory departments in public-private partnership (PPP) projects is primarily transmitted and processed by the PPP implementation…

210

Abstract

Purpose

The information used for supervision by regulatory departments in public-private partnership (PPP) projects is primarily transmitted and processed by the PPP implementation department, which negatively impacts the information quality, leading to information asymmetry and undermining the overall effectiveness of supervision. This study aims to explore how to use blockchain to anchor the information used for supervision in PPP projects to the original information, to strengthen the oversight.

Design/methodology/approach

This paper adopts the principles of design science research (DSR) to design a conceptual framework that systematically organizes information along the information dissemination chain, ensuring the reliable anchoring of original information. Two-stage interviews involving experts from academia and industry are conducted, serving as formative and summative evaluations to guide the design.

Findings

The framework establishes a weak-centralized information organizing mode, including the design of governance community and on-chain and off-chain governance mechanisms. Feedback from experts is collected via interviews and the designed framework is thought to improve information used for supervision. Constructive suggestions are also collected and analyzed for further development.

Originality/value

This paper provides a novel example exploring the inspirations blockchain can bring to project governance, like exercising caution regarding the disorderly expansion of public sector authority in addressing information disadvantages and how to leverage blockchain to achieve this. Technical details conveyed by the framework deepen understanding of how blockchain benefits and the challenges faced in successful implementation for practitioners and policymakers. The targeted evaluation serves as rigorous validation, guiding experts to provide reliable feedback and richer insights by offering them a more cognitively convenient scenario.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 8 September 2022

Mahtab Kouhizadeh, Qingyun Zhu and Joseph Sarkis

This study proposes a systematic and comprehensive circular economy (CE) performance measure as an instrument to operationalize and quantify circularity. It seeks to evaluate the…

1544

Abstract

Purpose

This study proposes a systematic and comprehensive circular economy (CE) performance measure as an instrument to operationalize and quantify circularity. It seeks to evaluate the relative contribution of blockchain technology to evaluate various measures in this study. A general research agenda for investigating blockchain capabilities to performance assessment in CE is presented.

Design/methodology/approach

Empirical survey data from 32 CE and blockchain experts are collected to inform this study. Inductive reasoning, heatmaps, and a middle-range theory building approach are utilized to generalize theoretical patterns for blockchain support of CE performance assessment and measurement. A series of propositions are then developed as a middle-range theory for the true, false, perceptible, and hidden affordances of blockchain technology capabilities for CE performance measurement.

Findings

Overall, sixteen performance measures and metrics are identified and examined. The authors find most of these measures and metrics – based on literature and expert opinion – can be supported using blockchain technology capabilities. Four major blockchain capabilities, transparency and traceability, reliability and security, smart contracts, and incentivization and tokenization are shown to have varying potential support for CE performance assessment. There needs to be an evaluation of true, false, perceptible, and hidden affordances of blockchain technology capabilities for CE performance measurement in future studies.

Originality/value

Blockchain application for CE, and specifically performance measurements, is a new area. Research and practice evaluation on this issue is important but needs substantially additional investigation to help CE progress. This study provides a framework for evaluation and a foundation for future research at the nexus of CE, blockchain technology, and performance measurement.

Details

The International Journal of Logistics Management, vol. 34 no. 3
Type: Research Article
ISSN: 0957-4093

Keywords

Book part
Publication date: 14 November 2022

Mohammad Shamsuddoha and Mohammad Abul Kashem

Blockchain, in general, diversifies supply chain management in record-keeping and maintains authenticity. In addition, traditional issues and challenges like overflow and…

Abstract

Blockchain, in general, diversifies supply chain management in record-keeping and maintains authenticity. In addition, traditional issues and challenges like overflow and information overload press down mysteriously whenever the blockchain steering wheel of the supply chain turns. Factually, the miracle and twists in supply chain resilience have not been incorporated under systematic review homogeneously. As a result, this study reviews the potential impact of blockchain on logistics and supply chain (LSC) efficiency. The methodology of this study provides a subjective assessment of the utility of blockchain-based LSC performance.

On the other hand, the review reveals new insights on its current acceptance and applications, with a particular emphasis on the Limit Redundancy Mechanism and Core Information-based Direct Comparison. Prospectively, the identified facts under the research paradigm and extensive literature survey will subsidize the practices of blockchain technology and possible areas of extension in supply chain resilience in luminous fashion in the future. After all, this study materializes new solid magnitudes, adaptability, and a realistic overview of blockchain-based LSC movements.

Details

Exploring the Latest Trends in Management Literature
Type: Book
ISBN: 978-1-80262-357-4

Keywords

1 – 10 of 718