Blockchain in a Volatile-Uncertain-Complex-Ambiguous World

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Blockchain in a Volatile-Uncertain-Complex-Ambiguous World examines the role blockchain brings in supply chain management. The book explores the theoretical foundations and empirical frameworks for using Blockchain for the logistical transportation of goods and examines how blockchain applications, barriers and opportunities of numerous technologies, describing how each converge into feasible integration. Covering policymaking and regulatory issues from a research perspective, this book is a key reference for supply chain management scholars, students and practitioners.

Author(s): Kaliyan Mathiyazhagan, V. Raja Sreedharan, Deepak Mathivathanan, Vijaya Sunder M.
Publisher: Elsevier
Year: 2022

Language: English
Pages: 300
City: Amsterdam

Front Cover
Blockchain in a VOLATILE-UNCERTAINCOMPLEX-AMBIGUOUS WORLD
BLOCKCHAIN IN A VOLATILE-UNCERTAIN-COMPLEX-AMBIGUOUS WORLD
Copyright
Contents
Contributors
1 -
Blockchain for the VUCA world
1 - Introduction to blockchain in supply chain management
1. Components of blockchain
2. Working of blockchain
3. Digital signature
4. SHA 256 algorithm
5. Decentralized Autonomous Organization (DAO)
6. Classification of blockchain
7. Consensus algorithms
7.1 Proof of work (PoW)
7.2 Proof of stake (PoS)
7.3 Delegated proof of stake (DPoS)
7.4 Byzantine fault tolerance (BFT)
7.5 Practical byzantine fault tolerance (PBFT)
7.6 Proof of burn (PoB)
7.7 Proof of capacity (PoC)
7.8 Proof of activity (POA)
8. Blockchain platforms
9. Characteristics of blockchain
10. Applications of blockchain in supply chain management
10.1 Financial supply chain
10.2 Shipping Industry
10.3 Energy Sector
10.4 Construction sector
10.5 Automotive Industry
11. Challenges in implementing blockchain in supply chain sector
References
2 - Basics of blockchain technology for supply chain operations
1. Introduction
2. Understanding blockchain technology
2.1 How blockchain looks like
3. Viability of blockchain for supply chain
3.1 Bitcoin and blockchain
3.2 Smart contract
4. Blockchain technology advantages
4.1 Application in supply chain
4.2 IoT and blockchain
4.3 Blockchain in transport and logistics
4.4 Trade lens-container shipment blockchain
4.5 Challenge in blockchain
5. Case studies: supply chain transparency
5.1 Using blockchain to drive supply chain innovation
5.1.1 Blockchain in shipping logistics
5.1.2 Blockchain in food production
References
3 - Complexity and ambiguity for blockchain adoption in supply chain management
1. Introduction
2. Blockchain
2.1 Centralized ledger versus blockchain
2.2 Private BCT versus public BCT
2.3 Hyperledger Fabric versus ethereum
2.4 Is Blockchain a good fit for every application?
3. VUCA
3.1 BCT adoption for SCM
3.2 Design thinking for BCT in SCM
3.3 Complexities for BCT in SCM
3.4 Ambiguities for BCT in SCM
4. Final thoughts and conclusion
References
4 - Addressing uncertainty in supply chain management through blockchain
1. Introduction
2. Related works
2.1 Supply chain risks and uncertainty
2.2 Blockchain technology in supply chain
3. The necessity of blockchain for supply chain uncertainty
4. Application of blockchain in different supply chain
4.1 Food/agriculture supply chain
4.2 Health care supply chain
4.3 Consumer electronics supply chain
4.4 Industry 4.0 and manufacturing supply chain
4.5 Logistics and transportation
5. Challenges and future research directions
6. Conclusion
References
5 - Role of blockchain in achieving solutions in ambiguous supply chain operations
1. Introduction
2. Blockchain and supply chain management
2.1 Conceptual framework of blockchain and SCM
2.2 Consensus mechanism
2.3 Feature of blockchain for SCM
3. Blockchain architecture for SCM
3.1 Application layer
3.2 Consensus layer
3.3 Network layer
3.4 Data layer
3.5 Physical infrastructure layer
3.6 Advantages of blockchain in SCM
4. Implementation challenges of blockchain in SCM
4.1 Implementation cost of blockchain
4.2 Blockchain scalability
4.3 Data privacy in blockchain
4.4 Insufficient literacy in blockchain
4.5 Transitioning blockchain difficulty
4.6 Interoperability challenge
4.7 Lacks of partnership
4.8 Blockchain security
5. Applications of blockchain and supply chain in a different sector
5.1 Blockchain and supply chain in agriculture
5.2 Blockchain and SC in healthcare
5.3 Blockchain and supply chain in smart grids
5.4 Blockchain and supply chain in real estate
6. Conclusion
References
2 -
Applications of blockchain in product supply chains
6 - Issues and challenges of blockchain technology implementation in the meat supply chain
1. Introduction
2. Goat rearing, meat cuisines, and marketplaces
2.1 Review background
2.2 Goat meat, cuisines and technologies
3. Case illustration
3.1 Sample marketplace
3.2 Sample summary
3.3 Implementation of blockchain in the meat business
4. Issues and challenges of blockchain adoption
4.1 Legal issues and challenges
4.2 Risk issues and challenges
4.3 Cost issues and challenges
5. Conclusion
References
7 - Blockchain technology approach for drug delivery in health care: A review
1. Blockchain technology in health care
2. Conclusion
References
8 - Application of Blockchain Technology in agri-food supply chains: Opportunities and challenges
1. Introduction
2. Blockchain technology and it's applications in Agri food supply chain
2.1 Blockchain technology
2.2 Application of Blockchain Technology in Agri food supply chain
3. Benefits of adopting the blockchain technology
4. Challenges in implementing blockchain technology
5. Conclusion
References
3 -
Applications of blockchain in service supply chains
9 - The application of blockchain in talent supply chain management
1. Introduction
2. Literature review
2.1 Principles of supply chain management applied to talent management
2.2 Blockchain technology
2.2.1 Blockchain technology characteristics
2.3 Blockchain technology application in talent supply chain management
2.3.1 Problems identified in talent supply chain management
2.3.2 Mitigating challenges identified in the talent supply chain, using blockchain technologies
3. Discussion
3.1 Limitations of blockchain technology
3.2 Barriers to blockchain adoption
4. Conclusion
References
10 - Background verification using blockchain: case of Ajay, a star performer
1. Introduction
2. Why blockchain in recruitments?
3. How does blockchain work?
4. Conclusion
References
11 - Use cases of blockchain technology for sustainable global HR operations in industry 4.0
1. Introduction
2. Understanding blockchain technology and theorization of blockchain-induced HRM
3. Use cases for blockchain HR
4. Future of blockchain in HR
5. Conclusions
References
12 - Application of blockchain for handling volatility in supply chains—a finance perspective
1. Introduction
2. Supply chain volatility
3. Dimensions of supply chain volatility
4. Problems of supply chain volatility
5. Role of blockchain in supply chain volatility
6. Benefits of blockchain technology
6.1 How blockchain fundamentally deals with information?
6.2 Reactive inventory management and financial implications
6.3 Blockchain is the light house for high D/E companies?
6.4 Why this inventory management has to be taken care by blockchain technology (BCT)?
7. Global landscape in the applications of BCT in supply chain technology
8. BCT Applications in Indian banking industry
9. Proposed model of further research
10. Conclusion
References
4 -
Blockchain managerial issues
13 - Blockades of blockchain in supply chain management
1. Introduction
2. Pillars of blockchain technology
2.1 Blockchain structures for supply chain
3. The objective of the study
4. Materials and methods
5. Significance of blockchain technology
6. Competitive factors for implementation of blockchain technology (BC)
7. Application of blockchain in supply chain management
8. Barricades in implementation of blockchain in supply chain management
8.1 Technological barriers
8.2 Organization barriers
8.3 Environmental barriers (in context of SCM)
8.4 Environmental barriers (in context of external view)
8.5 Absence of organization vision and social alterations
8.6 Barricades in humanitarian supply chain
8.7 Lack of government regulations and trust issues
8.8 Distributed ledger expertise
8.9 Lack of awareness and trust
8.10 Potential security threats
8.11 Scalability
8.12 Data storage
8.13 High computation power
8.14 Change in behavior
8.15 Bootstrapping
8.16 Inadequate funding
8.17 Regulatory issues
8.18 Quantum computing
8.19 Challenges in forming a consortium
8.20 Standardization of blockchain networks
8.21 Flexibility limitations
8.22 Major disadvantages of implementation of blockchain
8.23 Findings of the study
9. Conclusion
References
14 - Key success factors for blockchain implementation in supply chain management
1. Introduction
2. Importance and necessity of the blockchain in the SC management
3. Blockchain technology
4. Supply chain management
5. The application of the blockchain on SC management
6. Conclusion
References
Further reading
15 - An ISM and MICMAC approach for evaluating the barriers hindering the implementation of blockchain technology i ...
1. Introduction
2. Literature review
3. Problem statement
4. Solution methodology
4.1 Structural self-interaction matrix (SSIM)
4.2 Reachabiliy matrix (RM)
4.3 Level partitions
4.4 Constructing ISM model
4.5 MICMAC analysis
5. Results and discussion
References
16 - Blockchain-enabled humanitarian supply chain management: sustainability and responsibility
1. Introduction
2. Theory-based supply chain management
2.1 Social exchange theory (SET)
2.2 Resource-based view (RBV)
2.3 Transaction cost theory (TCT)
2.4 Knowledge-based view (KBV)
2.5 Strategic choice theory (SCT)
2.6 Agency theory (AT)
2.7 Institutional theory (INT)
2.8 Systems theory (ST)
2.9 Network perspective theory (NPT)
2.10 Materials logistics management (MLM) theory
3. Barriers to humanitarian supply chain management
4. Attributes of a blockchain to supply chain management
5. Conclusion
References
Index
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
Back Cover