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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BCT_for_AFSCperf_IJLM-09-2023-0364.R1_.pdf - Accepted Version Available under License Creative Commons Attribution Non-commercial. Download (452kB) |
Abstract
Purpose
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.
Design/methodology/approach
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).
Findings
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.
Originality/value
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 | ||||||
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| Identification Number: | https://doi.org/10.1108/IJLM-09-2023-0364 | ||||||
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| 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 |
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| 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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