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Blockchain for Sustainable Supply Chains

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: closed (31 March 2023) | Viewed by 10909

Special Issue Editors


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Guest Editor
School of Economics and Management, Beijing University of Technology, 100 Pingleyuan, Chaoyang District, Beijing 100124, China
Interests: supply chain management; finance technology; application of blockchain technology; big data; emergency management
Special Issues, Collections and Topics in MDPI journals
School of Economics and Management, University of Chinese Academy of Sciences, Beijing 100043, China
Interests: decision science; Industry Internet; supply chain management; blockchain and fintech; agent-based modeling and simulation
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
School of Economics and Management, Beijing University of Technology, 100 Ping le yuan, Chaoyang District, Beijing 100124, China
Interests: financial engineering and risk management; blockchain technology and application
School of Economics and Management, Beijing University of Technology, 100 Ping le yuan, Chaoyang District, Beijing 100124, China
Interests: supply chain finance; blockchain technology and application; green supply chain

Special Issue Information

Dear Colleagues,

Blockchain technology (BCT) has received significant attention within business sectors during the last couple of years. It is considered one of the most disruptive technologies, representing a decentralized environment for transactions, self-executing digital contracts (smart contracts) and intelligent asset management via the Internet. Hence, it has a great potential to create new foundations for our socio-economic systems by efficiently establishing trust among people and machines, reducing costs, and increasing utilization of resources.

Due to the key characteristics of BCT, BCT-embedded supply chain management (SCM) is becoming increasingly investigated. Few studies examined the impacts of adopting BCT on supply chain finance, operations strategies, digital transformation pathways, business models, etc. Moreover, research on the relationship between BCT and the sustainability of supply chain remains sparse.

This Special Issue aims to collate important investigations in BCT innovations and provide an opportunity to improve supply chain sustainability based on the use of novel technological, organizational, and societal settings, involving BCT. We look forward to unveiling strong practical and theoretical implications concerning how BCT integrates with and impacts new business models, transforms relationships, and improves organizational, societal, environmental, and other types of sustainability in supply chains. Research areas may include (but are not limited to) the following:

  • BCT and supply chain sustainability;
  • BCT and supply chain quality management;
  • BCT and supply chain risk management;
  • BCT and supply chain finance;
  • BCT and supply chain resilience;
  • BCT and supply chain information flow management;
  • BCT and trust in SCM;
  • BCT and industrial Internet;
  • Smart contracts in SCM—feasibility, use cases and business performance;
  • Smart contract rules and governance;
  • New supply chain models using BCT;
  • Blockchain and sustainability development goals in SCM.

We look forward to receiving your contributions.

Prof. Dr. Jian Li
Dr. Zhou He
Dr. Yongwu Li
Dr. Bing Xia
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • blockchain
  • supply chain
  • sustainability

Published Papers (6 papers)

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Research

22 pages, 5378 KiB  
Article
A Blockchain Prototype for Improving Electronic Seals on Container Shipping Operations
by Wei Le, Adriana Moros-Daza, Maria Jubiz-Diaz and Stefan Voß
Sustainability 2023, 15(14), 11341; https://doi.org/10.3390/su151411341 - 21 Jul 2023
Cited by 1 | Viewed by 1546
Abstract
With the widespread use of electronic seals (e-seals), their traceability and security have attracted more and more attention. Moreover, the complexity of shipping operations and container handling justifies the use of technologies to ensure information security in the face of attacks. This work [...] Read more.
With the widespread use of electronic seals (e-seals), their traceability and security have attracted more and more attention. Moreover, the complexity of shipping operations and container handling justifies the use of technologies to ensure information security in the face of attacks. This work contributes a blockchain-based solution with a simulated prototype for improving electronic seals for containers on terminals in ports. An electronic seal was designed, and a blockchain prototype was constructed for a container data flow. The obtained results from the prototype were evaluated using performance tests. The security issues in the blockchain were also discussed from a strategic perspective based on game theory. Finally, the simulation concluded that the blockchain improves transaction efficiency. No studies were found that integrated blockchain technology with electronic seals. Therefore, this work intends to combine blockchain technology with e-seal to improve the security of transferred data due to its immutable nature. Full article
(This article belongs to the Special Issue Blockchain for Sustainable Supply Chains)
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15 pages, 540 KiB  
Article
Game Theory Analysis of Chinese DC/EP Loan and Internet Loan Models in the Context of Regulatory Goals
by Yuting Tu, Xin Yan and Huan Wang
Sustainability 2023, 15(9), 7025; https://doi.org/10.3390/su15097025 - 22 Apr 2023
Cited by 1 | Viewed by 1324
Abstract
The issuance of digital currency electronic payments (DC/EP), under the supervision of the People’s Bank of China, will have a certain impact on commercial banks, and will further affect the areas of internet finance and traditional financing. This paper studies the regulatory performance [...] Read more.
The issuance of digital currency electronic payments (DC/EP), under the supervision of the People’s Bank of China, will have a certain impact on commercial banks, and will further affect the areas of internet finance and traditional financing. This paper studies the regulatory performance of DC/EP in the post-lending market under the models of internet finance and bank financing, exploring their theoretical and practical significance. Through the construction of an enterprise profit function and the regulatory utility function under the models of internet finance and bank financing, this study explores the impact of using DC/EP on the post-lending market. The study proves the following:In the absence of government regulation, internet finance platforms will increase the leverage ratio of loans, in order to obtain excess profits. The emergence of regulatory authorities and the use of DC/EP will control the leverage ratio of internet finance platforms, purify market performance, and stabilize the market order. The application of DC/EP provides a risk control method for the financial market, and coupled with government regulatory measures, it will effectively regulate the existing market order of internet finance platforms and increase the credibility of DC/EP. Therefore, the management insights obtained from this study of the application of DC/EP and the government regulation of existing financing and lending methods in the financial sector have practical significance for the current market. Full article
(This article belongs to the Special Issue Blockchain for Sustainable Supply Chains)
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20 pages, 313 KiB  
Article
Blockchain-Based Long-Term Capacity Planning for Semiconductor Supply Chain Manufacturers
by Jian Yang, Jichang Dong, Suixiang Gao and Guoqing Wang
Sustainability 2023, 15(6), 4748; https://doi.org/10.3390/su15064748 - 07 Mar 2023
Cited by 1 | Viewed by 1695
Abstract
The long-term production capacity planning of semiconductor supply chain manufacturers has a series of characteristics, such as large capital investment, fast technology upgrading, long lead-time of manufacturing equipment, and unstable market environment, which leads to the uncertainty of demand. In addition, blockchain technology [...] Read more.
The long-term production capacity planning of semiconductor supply chain manufacturers has a series of characteristics, such as large capital investment, fast technology upgrading, long lead-time of manufacturing equipment, and unstable market environment, which leads to the uncertainty of demand. In addition, blockchain technology is widely used to build consortium chains for information sharing across upstream and downstream enterprises, thus having the potential ability to help finance semiconductor manufacturers. This paper combines two uncertainty-oriented methods (stochastic programming and robust optimization) to examine the conversion of capacity between different product types and construct a two-stage mathematical planning model maximizing the net profit of manufacturers. Through the introduction of blockchain technology and information sharing among enterprises, we improve the effectiveness of our model to realize the optimal allocation of long-term capacity planning. Finally, we reformulate the model into a tractable MINLP, construct numerical examples to verify the solvability, and carry out sensitivity analysis. Full article
(This article belongs to the Special Issue Blockchain for Sustainable Supply Chains)
20 pages, 2799 KiB  
Article
Three-Party Stochastic Evolutionary Game Analysis of Supply Chain Finance Based on Blockchain Technology
by Qingfeng Zhu, Rui Zong and Mengqi Xu
Sustainability 2023, 15(4), 3084; https://doi.org/10.3390/su15043084 - 08 Feb 2023
Cited by 7 | Viewed by 1776
Abstract
In the process of accounts receivable financing under supply chain finance, the phenomenon of accounts receivable forgery and default have caused great pressure on the supervision of financial institutions. We consider the integration of blockchain technology with a supply chain finance platform around [...] Read more.
In the process of accounts receivable financing under supply chain finance, the phenomenon of accounts receivable forgery and default have caused great pressure on the supervision of financial institutions. We consider the integration of blockchain technology with a supply chain finance platform around the fraudulent default phenomenon in supply chain finance receivables financing and construct a three-party stochastic evolutionary game model among financial institutions, core enterprises, and Micro, Small, and Medium Enterprises (MSMEs). Firstly, we use Ito^’s stochastic differential equation theory to analyze the conditions for the stability of the behavior of game subjects. Secondly, we use numerical simulations to quantitatively analyze the impact of the regulatory strength of financial institutions, the information sharing of the blockchain platform, and the change of incentive parameters on the strategy choice of game subjects. Through the above analysis, we conclude that the information-sharing incentive coefficient promotes financial institutions to choose to connect to the blockchain platform, and the information-sharing risk coefficient and the regulatory intensity have the opposite effect on the blockchain platform construction. Meanwhile, the allocation of incentive shares has a significant influence on the core enterprises. Finally, we give priorities and directions for adjusting the relevant parameters to provide recommendations for financial institutions to regulate the financing process more effectively. Full article
(This article belongs to the Special Issue Blockchain for Sustainable Supply Chains)
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22 pages, 2224 KiB  
Article
Information Sharing Game and Value Analysis for the Following Enterprise Applications of Blockchain Technology
by Haiyan Luo and Junlin Pan
Sustainability 2022, 14(23), 16060; https://doi.org/10.3390/su142316060 - 01 Dec 2022
Cited by 1 | Viewed by 1148
Abstract
To address the question of whether small and medium-sized enterprises (SMEs) should follow benchmark companies in establishing a blockchain-based information sharing platform, a two-tier supply chain decision-making problem dominated by retailers and containing two manufacturers of unequal status is analyzed, including the impact [...] Read more.
To address the question of whether small and medium-sized enterprises (SMEs) should follow benchmark companies in establishing a blockchain-based information sharing platform, a two-tier supply chain decision-making problem dominated by retailers and containing two manufacturers of unequal status is analyzed, including the impact on the utility and social welfare of different game players in the supply chain and the supply chain as a whole, taking into account the fact that consumers are sensitive to both price and quality. For this purpose, traditional cooperation models, short-term and long-term models based on blockchain technology for information sharing were constructed and solved, respectively. The findings suggest that in the short term, the establishment of a blockchain technology-based information sharing platform will widen the status gap between manufacturers, making the strong stronger and the weak weaker, with retailers’ profits and social welfare suffering and no change in consumer surplus. In the long term, the quality improvement effect of information sharing will narrow the gap between manufacturers and increase members’ profits, with retailers and the entire supply chain experiencing a significant increase in profits after a short period of time, as well as an increase in consumer surplus and social welfare. In addition, when consumer price sensitivity and quality sensitivity are high, the establishment of a blockchain technology-based information sharing platform is beneficial for the stronger manufacturers, detrimental to the weaker manufacturers, and beneficial for the supply chain in the long term; otherwise, the absence of a blockchain technology-based information sharing platform is beneficial for the weaker manufacturers and the supply chain. Full article
(This article belongs to the Special Issue Blockchain for Sustainable Supply Chains)
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23 pages, 470 KiB  
Article
Governmental Anti-Pandemic and Subsidy Strategies for Blockchain-Enabled Food Supply Chains in the Post-Pandemic Era
by Changhua Liao, Qihui Lu and Ying Shui
Sustainability 2022, 14(15), 9497; https://doi.org/10.3390/su14159497 - 02 Aug 2022
Cited by 4 | Viewed by 1771
Abstract
Aiming to explore whether governments should choose anti-pandemic or subsidy strategies in the post-pandemic era, this study constructed a three-level food supply chain that was composed of a leading third-party logistics provider, a supplier and a retailer, in which the third-party logistics provider [...] Read more.
Aiming to explore whether governments should choose anti-pandemic or subsidy strategies in the post-pandemic era, this study constructed a three-level food supply chain that was composed of a leading third-party logistics provider, a supplier and a retailer, in which the third-party logistics provider used blockchain technology for food traceability to address consumer concerns about food safety. We then used game theory to analyze the pricing decisions, traceability levels, anti-pandemic effort levels and subsidy levels of the supply chain under different governmental anti-pandemic or subsidy strategies. Our results showed that in all scenarios, the higher the consumer preference for traceability information, the larger the traceability levels and anti-pandemic effort levels and the more favorable the outcome for all parties; thus, governments should improve consumer awareness of pandemic prevention. For the benefit of all parties, governments should adopt anti-pandemic and subsidy strategies simultaneously, even in the post-pandemic era. Interestingly, for the scenario in which governments could only adopt one strategy, when the cost coefficient of traceability was small, the governmental subsidies would actually lead to lower traceability levels of the 3PL. This study could provide decision-making references for governments during the post-pandemic era and a new possibility for blockchain application. Full article
(This article belongs to the Special Issue Blockchain for Sustainable Supply Chains)
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