It’s real, trust me! Establishing supply chain provenance using blockchain

Montecchi, Matteo and Plangger, Kirk and Etter, Michael,(2019), It’s real, trust me! Establishing supply chain provenance using blockchain. , Business Horizons, UNSPECIFIED

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In a global marketplace, customers are often unaware ofthe exact sources of the products they purchase and consume. To address this lack of awareness, blockchain technology can be implemented in supply chains to increase customers’ knowledge of products’ provenance. Provenance knowledge–—information about products’origin, production,modifications, andcustody–—enables customers to beassured of their purchasing decisions. This assurance comes from information on the origin, authenticity, custody, and integrity of the product that helps reduce risk perceptions. We develop a provenance knowledge framework and show how its application can enhance assurances and reduce perceived risks via the application of blockchain. We present a guide on how to implement blockchain to establish provenance knowledge and close with a kind warning on the importance of demonstrating the value of blockchain to customers.
Keywords : Provenance; Quality assurance; Risk reduction; Supply chain; Blockchain; Provenance knowledge; Supply chain risk management, UNSPECIFIED
Journal or Publication Title: Business Horizons
Volume: 62
Number: 3
Item Type: Article
Subjects: Manajemen
Depositing User: Endhar Priyo Utomo
Date Deposited: 26 Dec 2019 02:04
Last Modified: 26 Dec 2019 02:04

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