Table 1 Role of blockchain technology in... | Emerald Publishing

Table 1

Role of blockchain technology in supply chain function

Supply chain function	Role of blockchain technology	Source
Buy	Blockchain technology helps the organizations in accurate demand forecasts, manage resources effectively and reduce inventory carrying costs because of its ability to create records of activities	Cole et al. (2019), Kamble et al. (2019), Caldarelli et al. (2021)
Logistics	Blockchain technology assists in tracking and monitoring cargo along the supply chain. In adverse condition, this technology can help to efficiently pinpoint the source and diagnose the root cause of a serious problem	Hald and Kinra (2019), Kamble et al. (2019), Wang et al. (2019a), Vivaldini (2021)
Finance	Smart contracts of blockchain technology assist in automatically triggering payments after validation of the pre-set terms	Babich and Hilary (2020), Chang et al., (2012), Wang et al. (2019a), Upadhyay (2020)

Supply chain function	Role of blockchain technology	Source
Buy	Blockchain technology helps the organizations in accurate demand forecasts, manage resources effectively and reduce inventory carrying costs because of its ability to create records of activities	Cole et al. (2019), Kamble et al. (2019), Caldarelli et al. (2021)
Logistics	Blockchain technology assists in tracking and monitoring cargo along the supply chain. In adverse condition, this technology can help to efficiently pinpoint the source and diagnose the root cause of a serious problem	Hald and Kinra (2019), Kamble et al. (2019), Wang et al. (2019a), Vivaldini (2021)
Finance	Smart contracts of blockchain technology assist in automatically triggering payments after validation of the pre-set terms	Babich and Hilary (2020), Chang et al., (2012), Wang et al. (2019a), Upadhyay (2020)