Abstract:The primary goal of the article is to cover the implications of digital technologies for value chains. The hypothesis of the article is as follow digital technologies driving exponential growth translate into companies' efforts to be both lean and agile. The problem raised in the study is of being both lean and agile facing the digital disruption. The topic of the impact of digital technologies on value chains has gained an increasing attention from business practitioners. Scholars also have heavily discussed capabilities required for adaptation to technologies driving nonlinear growth. The applied methods encompasses the literature review combined with diagnostic participant action research. The understanding of lean and agile practices was a starting point to build a tool for covering impact of digital technologies on value chains. The literature review allows us to explain reasons for the fast progress in digitalization, defining the digital technologies driving the exponential growth, providing explanation of what is lean, agile and leagile supply chain. Building on the literature review the diagnostic participant action research was applied. The latter allows to verify the assumed hypothesis. While technology and the digital world grow exponentially, the manner in which we operate and organize ourselves is still based on linear models, hierarchical structures and bureaucratic processes. For a reason of this, the deployment of the lean and agile practices would be of benefit to build customer centric solutions. The article provides contribution to models of adaptation of multinationals supply chains towards digital technologies. Whilst the practical study proved that absorption of digital technology is in its infancy, the built diagnostic tool allows us to map the absorption of digital technologies with regards to logistics needs of customers. The conducted study proved existing more than two practices defined by covering logistics customers' requirements. As a recommendation for the further work would be covering transformation from linear to exponential organization.

Background: Scholars have studied the determinants of visibility in the supply chain for years and, together with practitioners, agree that real-time visibility is beneficial to supply chain performance. However, expectations of supply chain professionals on supply chain visibility benefits do not meet reality. The purpose of this study is to explore determinants affecting real-time visibility in the transportation network where subcontracting predominates and understand the governance of digital of a platform for real-time visibility and its implications. Material and Methods: This study utilizes action research as a methodology for pragmatism to understand supply chain professionals' standpoint regarding the operationalization of real-time visibility. A complex network of fast-moving consumer good companies was chosen for research because there is a greater need for visibility, and visibility improvement is also more challenging. Results:The resources of freight forwarders and subcontractors, platform complementors are crucial for achieving realtime visibility. Willingness to information sharing is impacted by the asymmetry of benefits and privacy concerns. Low saturation of company-owned smartphones and technological interfaces, IT systems amongst researched enterprises a platform deployment slowdowns. The governance mechanism does not address the asymmetry of costs and benefits amongst platform partners. Conclusions: This study is bridging the research-practice gaps in supply chain visibility. Future studies should analyze the role of tensions amongst the platform's partners from the paradox perspective. The in-depth analysis should focus on freight forwarders' strategies for building a competitive advantage to provide real-time visibility.

Blockchain has the potential to create new foundations for economic and social systems and building economic coordination using distributed ledgers augmented with computational features such as money (cryptocurrencies), programmable contracts (e.g., smart contracts), and organizations made of software (DAOs, or distributed autonomous organizations). It redefines how data is stored, updates, and moved across networks. Instead of trusted third parties incentivizing appropriate behavior of participants, it uses cryptographic techniques. Blockchain is a peer-to-peer network architecture meaning that all participants are equal in their role on the network, and its topology is flat; in other words, unlike, for example, a client's server, it is without hierarchy. It is enabling an entirely new way to write and deploy applications. It has the potential to improve online security and trust.For the supply chain, blockchain is a ground-breaking innovative solution set to transform supply chain activities. Scholars have heavily discussed blockchain applications in the supply chain, and there are calls on in-depth identifying how to bridge the gap between expectations on blockchain opportunities and its successful implementations in the supply chain, as well as theoretical considerations and practical successful case studies (Treiblmaier, 2018).One fast-moving consumer good company with fully outsourced transport operations identified blockchain opportunities in a transportation network.The main issue is visibility on the key performance indicators, including on-time delivery and on-time collection. Lack of visibility regarding the on-time performance of carriers results in internal customers issues mirrored with poor service of internal customers, including factories and end customers. Entities involved in the shipment process waste time finding out where a shipment is since there is no single version of truth amongst them. No single version of truth translates into exceptions and informal practices in order to make the operations work. Exceptions attract over 80% of attention, stress, and workload for parties involved (de-

Every financial crisis triggers some regulatory and supervisory changes related to the ensuing threats. These regulations usually address specific types of risks and reduce them but do not protect the entire system from another crisis. The aim of this study was to develop a conceptual framework of financial system resilience based on the theoretical approach of complex system theory and its explanation of these systems’ self-adaptation. Our analysis embraces the time since the 2008+ financial crisis in the United States. We argue that the digitalization of financial markets may contribute to the greater safety of the banking sector. We adopted blockchain technology for the pattern of self-modification mechanisms of the financial system. The main findings highlight that the blockchain technology incorporated into the system approach and applied to financial regulation and supervision can significantly improve the safety of the financial markets.