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Blockchain Technology Implementation in Logistics
Article

The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance

College of Business Administration, Sejong University, Seoul 05006, Korea
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Sustainability 2019, 11(21), 6181; https://doi.org/10.3390/su11216181
Received: 14 October 2019 / Revised: 30 October 2019 / Accepted: 4 November 2019 / Published: 5 November 2019
(This article belongs to the Special Issue Digital Supply Chain and Sustainability)
Blockchain technology is now considered a next generation information technology tool for sustainable growth in supply chain (SC) management. However, its study is relatively rare in the literature on SC collaboration and sustainability management research, despite its advantages in sustaining connectivity and reliability among SC partners. This study investigates how the use of blockchain in SC activities can influence (increase or decrease) SC partnership efficiency and growth, thereby affecting SC performance outcomes. Specifically, this study empirically validates a measurement and structural equation model with 306 SC experts from various industries. The findings show that the blockchain technology characteristics (information transparency, information immutability, and smart contracts) have significant positive effects on partnership growth and marginal effects on partnership efficiency. Though partnership growth has a positive effect on firm performance, partnership efficiency shows a negative effect. View Full-Text
Keywords: blockchain technology; information transparency; information immutability; smart contracts; partnership efficiency; partnership growth; supply chain performance blockchain technology; information transparency; information immutability; smart contracts; partnership efficiency; partnership growth; supply chain performance
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MDPI and ACS Style

Kim, J.-S.; Shin, N. The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance. Sustainability 2019, 11, 6181. https://doi.org/10.3390/su11216181

AMA Style

Kim J-S, Shin N. The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance. Sustainability. 2019; 11(21):6181. https://doi.org/10.3390/su11216181

Chicago/Turabian Style

Kim, Joon-Seok, and Nina Shin. 2019. "The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance" Sustainability 11, no. 21: 6181. https://doi.org/10.3390/su11216181

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