Abstract

With globalization and emerging competition, there is an intense rise in using trending technologies. One of them is blockchain technology. It is incorporated in various fields, focusing on benefits such as decentralization, security, and transparency. Data, transaction information, time, and money are all captured and saved in the system from beginning to end. This guarantees security and prevents data corruption. Multiple patterns are involved that ensure security throughout the process of various sectors; one is supply chain management. BCT can potentially restructure the concept of data trust by having only “one trusted ledger,” which can tackle the rising problems among members involved in the supply chain. This study aims to describe and comprehend how BCT can impact supply chain management, members of the supply chain’s willingness to adopt blockchain, the role of blockchain in making the entire supply chain process clear, and challenges to BCT adoption. It is crucial to comprehend the complexity of blockchain to prepare for its effective implementation in supply chain management. We admit that our method for choosing the literature for our systematic review may have left out some literature. Nevertheless, we tried to add as much pertinent literature as possible. The paper contributes to achieving 4 aims related to supply chain management: (1) to highlight the reason for BCT in supply chain management, (2) to analyze the sentiments of people in adopting blockchain in supply chain management, (3) to expedite the need of blockchain for ensuring transparency in SCM, and (4) to pinpoint various issues and challenges in integrating BCT in supply chain management.

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