Benefits of BT for SC
| Benefits | Authors | Description | No. articles |
|---|---|---|---|
| Authentication and certification | Bai and Sarkis (2020), Choi (2019), Longo et al. (2019) | The capability to confirm the quality of an asset using digital signatures followed by a registration on a distributed register | 9 |
| Automation | Hasan et al. (2019), Wang et al. (2019) | The capability to manage automatically actions after specific events | 6 |
| Disintermediation and decentralization | Kamilaris et al. (2019), Wang et al. (2019) | Managing transactions without intermediaries, i.e. without the presence of trusted central authorities. In addition, information is distributed between several nodes to ensure cybersecurity | 9 |
| Efficiency | Manupati et al. (2020), Martinez et al. (2019), Yang (2019) | Focused monitoring, high speed on the operations number and reduced time consuming on process management | 33 |
| Immutability | Pedersen et al. (2019), Schmidt and Wagner (2019) | Data cannot be changed or tampered without network consensus | 10 |
| Partner support | Longo et al. (2019) | The technology improves greater collaboration between participants in the SC | 8 |
| Reliability | Bai and Sarkis (2020), George et al. (2019) | It supports the collection, storage and management of data, managing crucial information about products and the participants of SC | 11 |
| Risks reduction | Kamble et al. (2020), Min et al. (2019) | Reducing financial and fraud risks between the actors involved | 25 |
| Security | Pournader et al. (2020), Queiroz et al. (2019), Wang et al. (2019) | The distributed and encrypted nature of BT makes it difficult to tamper with the technology | 22 |
| Traceability (tracking and tracing) | Hastig and Sodhi (2020), Kamble et al. (2019), Lezoche et al. (2020), Yadav and Singh (2020) | Each transaction on the distributed ledger can be traced and tracked back to its origin and provenance | 25 |
| Transaction cost | Min (2019), Queiroz et al. (2019), Schmidt and Wagner (2019) | Reducing transaction costs related to relationships with network partners | 16 |
| Transparency (visibility) | van Hoek (2019), Ivanov et al. (2019) | The distributed ledger is transparent and visible to the participants and it is easy to monitor and verify | 25 |
| Trust | Chang et al. (2020), Montecchi et al. (2019) | The transactions are immutable; in this way, everyone can view them, which increases trust in the product and on the actors involved | 21 |
| Benefits | Authors | Description | No. articles |
|---|---|---|---|
| Authentication and certification | The capability to confirm the quality of an asset using digital signatures followed by a registration on a distributed register | 9 | |
| Automation | The capability to manage automatically actions after specific events | 6 | |
| Disintermediation and decentralization | Managing transactions without intermediaries, i.e. without the presence of trusted central authorities. In addition, information is distributed between several nodes to ensure cybersecurity | 9 | |
| Efficiency | Focused monitoring, high speed on the operations number and reduced time consuming on process management | 33 | |
| Immutability | Data cannot be changed or tampered without network consensus | 10 | |
| Partner support | The technology improves greater collaboration between participants in the SC | 8 | |
| Reliability | It supports the collection, storage and management of data, managing crucial information about products and the participants of SC | 11 | |
| Risks reduction | Reducing financial and fraud risks between the actors involved | 25 | |
| Security | The distributed and encrypted nature of BT makes it difficult to tamper with the technology | 22 | |
| Traceability (tracking and tracing) | Each transaction on the distributed ledger can be traced and tracked back to its origin and provenance | 25 | |
| Transaction cost | Reducing transaction costs related to relationships with network partners | 16 | |
| Transparency (visibility) | The distributed ledger is transparent and visible to the participants and it is easy to monitor and verify | 25 | |
| Trust | The transactions are immutable; in this way, everyone can view them, which increases trust in the product and on the actors involved | 21 |
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