Table 4

Benefits of BT for SC

BenefitsAuthorsDescriptionNo. articles
Authentication and certificationBai 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 register9
AutomationHasan et al. (2019), Wang et al. (2019) The capability to manage automatically actions after specific events6
Disintermediation and decentralizationKamilaris 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 cybersecurity9
EfficiencyManupati et al. (2020), Martinez et al. (2019), Yang (2019) Focused monitoring, high speed on the operations number and reduced time consuming on process management33
ImmutabilityPedersen et al. (2019), Schmidt and Wagner (2019) Data cannot be changed or tampered without network consensus10
Partner supportLongo et al. (2019) The technology improves greater collaboration between participants in the SC8
ReliabilityBai 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 SC11
Risks reductionKamble et al. (2020), Min et al. (2019) Reducing financial and fraud risks between the actors involved25
SecurityPournader 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 technology22
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 provenance25
Transaction costMin (2019), Queiroz et al. (2019), Schmidt and Wagner (2019) Reducing transaction costs related to relationships with network partners16
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 verify25
TrustChang 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 involved21

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