Title: BLOCKCHAIN TECHNOLOGY CHARACTERISTICS IN SUPPLY CHAIN MANAGEMENT: EVIDENCE FROM VIETNAMESE ENTERPRISES
Authors:
Hoang Le Minh, Nguyen Ngoc Diep, Nguyen Hoang Anh, Do Phuong Linh, Assoc. Prof. PhD Dinh The Hung, Tran Le Phuc An, Nguyen BaoKhanh and Vu ThiThanh Binh. PhD
Abstract:
This study surveys the application of blockchain technology in supply chain management in Vietnam. In a context where businesses face many challenges and are looking for opportunities for comprehensive business transformation, the trend of digitally transforming the supply chain is growing strongly with blockchain as a potential technology. The study analyzed data from 259 valid responses from businesses and used descriptive statistical methods to analyze important characteristics of blockchain when applied in the supply chain in Vietnam. Research results show that 6 characteristics of blockchain, including security, real-time information sharing, transparency, reliability, visibility and traceability, are evaluated quite well. When applied in supply chain businesses in Vietnam. Among them, security, traceability and reliability are three outstanding features. However, businesses need to carefully consider the benefits and costs of implementation, as well as the decisive role of humans in urgent situations.
Keywords: Blockchain, supply chain, logistic firm, supply chain management.
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