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Know your customer (KYC), accounting standards, issuance, clearing, and trade settlement became the major barrier to implement accounting, accountability and assurance process in supply chain finance (SCF). Blockchain technology features have the potential to solve accounting problems. This research focuses on exploring how blockchain technology provides solutions to overcome the barriers of accounting process in SCF. The benefits, opportunities, costs and risks related to blockchain adoption are also explored.

Multi-case study and qualitative methods are used with a framework based on blockchain role to overcome the accounting process barriers. Ten blockchain projects in SCF and 29 interviews of participants as a unit of analysis are considered.

The findings indicate that blockchain technology offers solutions to solve accounting, accountability and assurance problems in SCF. Validity, verification, smart contracts, automation and enduring data on trade transactions potentially solve those barriers. However, it is also necessary to consider costs such as implementation, technology, education and integration costs. Then there are possible risks such as regulatory compliance, operational, code development and scalability risk. This finding reflects the current status of blockchain technology roles in SCF.

This study unveils blockchain's SCF accounting potential, emphasizing multi-case method limitations and future research prospects. Diverse contexts challenge findings' applicability, warranting cross-industry studies for deeper insights. Addressing selection bias and integrating quantitative measures can enhance understanding of blockchain's accounting impact.

Accounting professionals can get an idea of the future direction and impact of blockchain technology on accounting, accountability and assurance processes.

This study provides initial findings on the potential, costs and risks of blockchain that is beneficial for parties involved in SCF, especially for banks and insurance underwriters. In addition, the findings also provide direction for the contribution of blockchain technology to accounting theory in the future.

Sharding of blockchains consists of partitioning a blockchain network into several sub-networks called “shards,” each shard processing and storing disjoint sets of transactions in parallel. Sharding has recently been applied to public blockchains to improve scalability through parallelism. The throughput of sharded blockchain is optimized when the workload among the shards is approximately the same. The purpose of this paper is to investigate the problem of balancing workload of account-based blockchains such as Ethereum.

Two known consensus-based distributed load-balancing algorithms have been adapted to sharded blockchains. These algorithms migrate accounts across shards to balance transaction processing times. Two methods to predict transaction processing times are proposed.

The authors identify some challenging aspects for solving the load-balancing problem in sharded blockchains. Experiments conducted with Ethereum transactions show that the two load-balancing algorithms are challenged by accounts often created to process a single transaction to optimize anonymity, while existing accounts sparsely generate transactions.

Tests in this work have been conducted on transactions originating from a blockchain platform rather than using artificially generated data distributions. They show the specificity of the load-balancing problem for sharded blockchains, which were hidden in artificial data sets.

This study presents a structured investigation of the most important causes for delay in commercial real estate transactions. It assesses the potential of digital technologies such as “Blockchain”, “Property Passports” or “Automated Valuation Models” to make transactions faster and cheaper.

The authors conduct a focus group interview to identify the individual steps and the parties involved in real estate transactions. Subsequently, the authors discuss the prospects of digital technologies based on semi-structured interviews with real estate professionals and PropTech executives, and a comprehensive screening of technological solutions offered by PropTech firms.

The lack of an up-to-date, single pool of standardised property information turns out to be the most critical cause for delay in real estate transactions. However, the most promising technologies to mitigate this problem, in particular digital property passports summarising all relevant building information, face substantial barriers to adoption. The real estate industry has so far not been willing to more openly share data, which is a pre-requiste for the successful introduction of property passports. In addition, the principle of caveat emptor makes a lengthy due diligence process essential for buyers.

The authors conclude that industry-wide collaborations are necessary to help major efficiency gaining technologies to break through. Insurance products should accompany property data log books to guarantee the quality of data provided.

This study considers the potential impact of technologies in the wider context of the complete real estate transaction process. It identifies the major phases of that process and the associated bottlenecks. The authors gather evidence both from industry experts and PropTech executives and contrast their views regarding the potential of digital technologies to remove those bottlenecks.

The purpose of this paper is to develop an eight-step procedure – transaction formalism protocol (TFP) – in the area of infrastructure management. The proposed TFP is developed from two perspectives: TFP Specification (conceptual) and TFP Tool (application). This paper introduces the TFP Specification and discusses the TFP Tool in detail.

To develop the proposed TFP Tool, a five-step methodology was used: identify and select existing standards, benchmark standards, link and build on these standards, develop the proposed TFP Tool and validate the protocol.

The TFP Specification defines each step as a function for which inputs, controls, mechanisms, tools/techniques and outputs are specified. The TFP Tool comprises a set of forms and guidance that the transaction development personnel, including transaction analysts, transaction designers, software developers, process modellers and industry experts, will use to define transactions in infrastructure management domain.

The proposed TFP Tool enables transaction development personnel to define transactions effectively and efficiently for information and communication technology (ICT)-based solutions through defining information in a structured, consistent and easy way.

The TFP Tool was built on existing standards incorporating their shortcomings, including lack of a step-by-step procedure to help guide the personnel what to do next, lack of transaction monitoring and improvement steps and lack of standardised forms to collect information in a prescribed format for implementation in ICT-based collaboration systems. The proposed Tool was evaluated and found to be feasible, usable and useful.

There is a substantial lack of the need for adopting interface between accounting systems of companies and banks in Vietnam. The purpose of this paper is to bring out the benefits and lacunas in the adoption of interface for companies as well identify the factors that possibly could be crucial in making the interface adoption a success or failure.

The study is set in the context of case analysis and has adopted a mixed method approach. In this study, a contrast between successful adopters of interface and non-adopters of interface is discussed to identify the motivating factors for interface as well as the factors which form the barriers for non-adopters.

By conducting a case study-based analysis for intensive data comparison of two companies as interface adopters and two as non-adopters in Vietnam, it is found that the success of the interface adoption is influenced by inter-related factors such as the manager characteristics, industrial environment, company characteristic and innovation characteristics. Particularly, the effectiveness of the interface can be well demonstrated by cost saving, manpower reduction, data consistency, accuracy, and speed of the process.

The impact on the banker is not analyzed. Furthermore, this research only focuses on the effects of interface on the electronic banking system and accounting modules in the form of electronic payment, while in reality, banks provide a variety of services which can also be explored by other researchers.

This is one of the first studies in the context of Vietnam. This study is highly relevant in the current context, given the significant growth in the number of industries and export markets in Vietnam.

This paper seeks to incorporate theories from commodity studies, functional studies, institutional studies, and transaction cost economics, to integrate product and process approaches and simultaneously examine the effects of product and process on consumer preferences for online and offline channels.

The study took a systemic approach. It reviewed the existing literature, proposed a theoretical framework, designed and administrated a measurement instrument, analyzed survey results, and provided implications and conclusions.

In addition to the type of product, the type of transaction process has a significant impact on consumer preferences for online and offline channels.

The sample representation was limited to college students. The analysis also assumed the independency of repeated measures on the subjects.

This paper will facilitate managers in designing and choosing transaction channels based on product type and process function type.

This is the first study which examines the impact of both factors – transaction product and transaction process – on channel preference. The transaction process is systemically defined into four sub‐functions and measured accordingly. An instrument is developed and administer to measure consumer preferences for online and offline channels in response to different types of products and different types of process functions. It is the first instrument of this kind.

Business process outsourcing (BPO) has become so prevalent that a new term, the extended enterprise, has arisen to describe this approach to structuring an organization. The purpose of this paper is to integrate the information systems and the interfirm governance literatures to develop a framework for the role of trust in the governance of extended enterprises.

This paper uses transaction cost economics (TCE) to identify the elements and stages of BPO relationships. This paper then integrates those elements with the types of trust identified in the information systems (IS) literature to develop a framework.

TCE identifies three elements that influence the design and function of interfirm relationships: the transaction, the transaction environment and the parties (the client and the vendors). TCE also recognizes three stages in the transaction: contact, contract, and control. The IS literature identifies three types of trust: trusted systems, trusted institutions, and trusted partners. The paper links the two literatures into a framework identifying the type of trust related to each of the TCE elements; it then uses these linkages to identify the types of trust appropriate for each stage of the BPO relationship.

This paper integrates the IS and interfirm governance literatures concerning trust in interorganizational relationships in an effort to offer a framework for building and sustaining trust between BPO vendors and clients and to identify potential directions for future research.