Abstract
The rapid development of blockchain technology has gained traction among institutions due to the potential benefits it may have in supply chain management. Many countries and institutions are participating in pilot projects and live projects in hopes that it may one day enhance global supply chains with regards to security, speed, disintermediation, traceability, and cost reduction. As the technology continues to develop, more projects have developed their own blockchain networks with their own network design, governance structure, consensus mechanisms, and protocols, in attempting to address specific issues that are prevalent in existing supply chains. However, the development process is mostly vertical as they work to improve their own blockchain network capabilities. These blockchain silos are unable to communicate with other blockchain networks, which presents a significant problem in the effort towards supply chain mass adoption of blockchain technology. The capability to communicate between blockchain networks is known as blockchain interoperability. Current supply chains have been working towards supply chain integration and collaboration. Supply chain adoption will be highly unlikely if the blockchain interoperability issue is not resolved. This paper will discuss the importance of blockchain interoperability within global supply chains, while identifying the possible use cases of the technology if interoperability solutions are not yet available.KeywordsBlockchainBlockchain interoperabilitySupply chain management
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