Unlocking the potential: leveraging blockchain technology for agri-food supply chain performance and sustainability

Vern, Priyanka and Panghal, Anupama and Mor, Rahul S. and Kumar, Vikas and Sarwar, Dilshad (2024) Unlocking the potential: leveraging blockchain technology for agri-food supply chain performance and sustainability. The International Journal of Logistics Management. ISSN 0957-4093

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Blockchain technology (BCT) has emerged as a powerful tool for enhancing transparency and trust. However, the relationship between the benefits of BCT and agri-food supply chain performance (AFSCperf) remains underexplored. Therefore, the current study investigates the influence of BCT on AFSCperf and sustainability issues.

Through a comprehensive literature review, various benefits of BCT are identified. Subsequently, a research framework is proposed based on data collected from questionnaire surveys and personal visits to professionals in the agri-food industry. The proposed framework is validated using partial least square structural equation modelling (PLS-SEM).

The findings reveal that BCT positively impacts AFSCperf by improving traceability, transparency, food safety and quality, immutability and trust. Additionally, BCT adoption enhances stakeholder collaboration, provides a decentralised network, improves data accessibility and yields a better return on investment, resulting in the overall improvement in AFSCperf and socio-economic sustainability.

Practical implications
This study offers valuable practical insights for practitioners and academicians, establishing empirical links between the benefits of BCT and AFSCperf and providing a deeper understanding of BCT adoption.

Stakeholders, managers, policymakers and technology providers can leverage these findings to optimise the benefits of BCT in enhancing AFSCperf. Moreover, it utilises rigorous theoretical and empirical approaches, drawing on a multidisciplinary perspective encompassing food operations and supply chain literature, public policy, information technology, strategy, organisational theory and sustainability.

Item Type: Article
Identification Number: https://doi.org/10.1108/IJLM-09-2023-0364
18 February 2024Accepted
5 April 2024Published Online
Uncontrolled Keywords: Blockchain technology, Agri-food industry, Supply chain performance, Sustainability, Transparency, Traceability
Subjects: CAH17 - business and management > CAH17-01 - business and management > CAH17-01-01 - business and management (non-specific)
Divisions: Faculty of Business, Law and Social Sciences > College of Accountancy, Finance and Economics
Faculty of Business, Law and Social Sciences > College of Business, Digital Transformation & Entrepreneurship
Depositing User: Gemma Tonks
Date Deposited: 29 May 2024 13:11
Last Modified: 20 Jun 2024 12:04
URI: https://www.open-access.bcu.ac.uk/id/eprint/15518

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