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A systematic literature review of Blockchain application in maritime supply chain: the TOE framework

Shin, Sanghoon, Wang, Yingli ORCID: https://orcid.org/0000-0001-5630-9558, Pettit, Stephen ORCID: https://orcid.org/0000-0001-7265-4079 and Abouarghoub, Wessam ORCID: https://orcid.org/0000-0002-1647-1291 2022. A systematic literature review of Blockchain application in maritime supply chain: the TOE framework. Presented at: International Association of Maritime Economists Conference 2022, Busan, Korea, 14-16 September 2022.

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Abstract

Maritime and shipping industry is under rising to improve operational efficiency and inter-organisational collaboration to increase their competitiveness. Supply chain integration (SCI) in maritime and shipping industry has become a predominant strategy to improve efficiency and cost reduction (Panayides and Song 2009). Blockchain technology (BCT), also known as distributed ledger technology, has been identified as a promising solution to enable maritime supply chain (MSC) integration and improve efficiencies. BCT is a shared, distributed electronic ledger with characteristics such as immutability by encryption, transparency, openness, security, and real-time update in data management (Scott et al. 2017). The technology is considered to have the potential to address a number of issues facing MSC, i.e., the issues of trust, product traceability, process optimisation, and coordination and communication in maritime communication (Jović et al. 2019). This paper provides a systematic review of blockchain adoption in maritime and shipping industry and its relationship to MSCI, especially container transport, by identifying adoptions factors.

Item Type: Conference or Workshop Item (Paper)
Status: Unpublished
Schools: Business (Including Economics)
Last Modified: 30 Nov 2022 08:58
URI: https://orca.cardiff.ac.uk/id/eprint/153373

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