Applications of Blockchain Technology in Logistics and Supply Chain Management—Insights from a Systematic Literature Review
Moritz Berneis,
Devis Bartsch and
Herwig Winkler
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Moritz Berneis: Production and Operations Management, Brandenburg University of Technology, 03046 Cottbus, Germany
Devis Bartsch: Production and Operations Management, Brandenburg University of Technology, 03046 Cottbus, Germany
Herwig Winkler: Production and Operations Management, Brandenburg University of Technology, 03046 Cottbus, Germany
Logistics, 2021, vol. 5, issue 3, 1-15
Abstract:
The most successful applications of Blockchain Technology are still in the area of crypto-currencies, although both scientists and practitioners have discovered the potential of Blockchain Technology in Supply Chain Management. There is a significant theoretical literature on Blockchain Technology, but there exists a lack of published case studies and concrete examples. This paper discusses whether this shortcoming is due to insufficient added value of the technology and identifies other possible reasons. Furthermore, this paper introduces Blockchain Technology, describes the origins of Bitcoin, the structure and core properties of the Blockchain, and examines smart contracts. A comprehensive and structured literature analysis identifies concepts for the use of Blockchain Technology in logistics in terms of economic benefits. Additionally, a cluster analysis regarding the topics of the relevant literature was conducted. One finding of the study is that Blockchain Technology is particularly worthwhile for goods with a high value. Moreover, if the trade volume of the respective goods is low, the advantages of BCT are maximized. At the same time, the demand for transparency and immutability of data must be more important than the protection of sensitive data. In addition to concrete use cases of Blockchains, an exemplary logistics process will be presented within the Luxury Supply Chain, showing the advantages of Blockchain Technology for each individual process step.
Keywords: Blockchain Technology; Smart Contracts; logistics; Supply Chain Management (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlogis:v:5:y:2021:i:3:p:43-:d:585479
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