Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/260958 
Year of Publication: 
2021
Citation: 
[Journal:] Journal of Innovation & Knowledge (JIK) [ISSN:] 2444-569X [Volume:] 6 [Issue:] 2 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2021 [Pages:] 124-134
Publisher: 
Elsevier, Amsterdam
Abstract: 
Planning to adopt the Blockchain is very active in many industries, especially in supply chains. Researchers believe that the Radio-frequency identification (RFIDs), yesterday's Blockchain, is now obsolete. The strongest reason that the Blockchain is the tool of this era is its unique features; real-time information sharing, cyber-security, transparency, reliability, traceability, and visibility, all of which boost the supply-chain performance. Despite the extensive literature on Blockchain, in recent years, no clear framework has defined whether a supply chain should implement Blockchain or not. This study attempts to fill this gap by proposing a framework for complex supply chain networks. In doing so, first, we identified the supply-chain practices of the oil industry in Pakistan, then we empirically analyzed the impact of these practices on operational performance. The results show that the supply chain management (SCM) practices positively impact operational performance. On the other hand, with the help of literature, we identified different Blockchain features and their influence on different supply chain practices. This study guides managers and decision-makers to evaluate their current supply-chain practices and understand the relationship between supply-chain practices and Blockchain features, and how different Blockchain features can help improving supply-chain practices and ultimately improving operational performance.
Subjects: 
Blockchain
Blockchain features
Operational performance
oil industry supply Chain
Supply chain management
Supply chain management practices
JEL: 
O3
O31
O32
O33
O35
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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