Issues and consequences of private blockchain in supply chains: a transaction cost theory approach

Enjeux et conséquences des blockchain privées au sein des chaînes logistiques: approche par la théorie des coûts de transaction

Mathieu Lesueur-Cazé (), Laurent Bironneau () and Thierry Morvan
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Mathieu Lesueur-Cazé: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique
Laurent Bironneau: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique
Thierry Morvan: CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique

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Abstract: In this article, we examine the issues and consequences of the two modes of governance favoured by consortium blockchains and single-actor blockchains within supply chains. To do so, we use transaction costs as an analytical grid and we rely on a case study conducted with a consumer goods distributor. Our analysis shows that, whatever the mode of governance considered, blockchain technology promotes the creation of a space of trust through the use of specific coordination assets (smart contracts and consensus algorithms) and through the existence of a regulator.

Keywords: Blockchain; Transaction costs; Governance arrangements; Coûts de transaction; Modes de gouvernance (search for similar items in EconPapers)
Date: 2023-11-12
Note: View the original document on HAL open archive server: https://hal.science/hal-04305712
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Published in Logistique & Management, 2023, Logistique and Management, ⟨10.1080/12507970.2023.2258908⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04305712

DOI: 10.1080/12507970.2023.2258908

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