Blockchain in global supply chains and cross border trade: a critical synthesis of the state-of-the-art, challenges and opportunities

Blockchain possesses the potential of transforming global supply chain management. Gartner predicts that blockchain could be able to track $2 T of goods and services in their movement across the globe by 2023, and blockchain will be a more than $3 trillion business by 2030. Nowadays, a growing number of blockchain initiatives are disrupting traditional business models in each sector. In this paper, we provide a timely and holistic overview of the state-of-the-art, challenges, gaps and opportunities in global supply chain and trade operations for both the private sector and governmental agencies, by synthesising a wide range of resources from business leaders, global international organisations, leading supply…

• SA
  Science and Technology Directorate

  Award: 17STBTI00001-02-02,2015-ST-061-BSH001