The interplay between blockchain and big data analytics for enhancing supply chain value creation in micro, small, and medium enterprises
Abdul Jabbar (),
Pervaiz Akhtar () and
Syed Imran Ali ()
Additional contact information
Abdul Jabbar: University of Leicester
Pervaiz Akhtar: University of Aberdeen
Syed Imran Ali: Queen Mary University of London
Annals of Operations Research, 2025, vol. 350, issue 2, No 13, 649-671
Abstract:
Abstract This study explores the interplay between blockchain-based smart contracts and big data analytics for the supply chain value creation of micro, small, and medium enterprises (MSMEs). We implement our Ethereum Virtual Machine (EVM) procedure with the ganache blockchain, and addresses generated by the Metamask wallet. Each supply chain player in the blockchain is assigned a wallet address to observe the hashes created when data is added to the blockchain. Our findings unfold that supply chain value creation emphasises traceability, transparency, security, and profit maximisation interlocked with how effectively companies utilise big data collected through blockchain-based smart contracts. This subsequentially assists managers in using data types and a variety of analytics, spanning from descriptive, diagnostic, predictive, and prescriptive to cognitive analytics. This synergy between the blockchain and the types of analytics provides opportunities to identify new interactions and directions for future research.
Keywords: Blockchain; Smart contracts; Big data analytics; Supply chain value creation; Micro; small and medium enterprises (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1007/s10479-024-06415-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:annopr:v:350:y:2025:i:2:d:10.1007_s10479-024-06415-5
Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479
DOI: 10.1007/s10479-024-06415-5
Access Statistics for this article
Annals of Operations Research is currently edited by Endre Boros
More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().