Blockchain and other Distributed Ledger Technologies in Operations*

Volodymyr Babich and Gilles Hilary

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Abstract: Blockchain is a form of distributed ledger technology (DLT) that has grown in prominence, although its full potential and possible downsides are not yet fully understood, especially with respect to Operations Management (OM). This manuscript contributes to filling in this gap. We identify three research themes in applying Blockchain technology to OM, illustrated through several applications to OM problems. Elsewhere, in a companion article, (Babich and Hilary (2018)), we provide a conceptual framework for the role of Blockchain and other DLT in OM, along with specific examples of research questions, and we demonstrate how research in economics can inform research in OM on Blockchain applications. Finally, we discuss possible future uses for the technology.

Keywords: Visibility; Information aggregation; Validation; Resiliency; Smart contracts; Digital Assets (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-pay
Note: View the original document on HAL open archive server: https://hal.science/hal-02005156
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Citations: View citations in EconPapers (6)

Published in Foundations and Trends in Technology, Information and Operations Management, 2019, Vol. 12 (2-3), pp.1-21

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Journal Article: Blockchain and other Distributed Ledger Technologies in Operations (2019)
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