Blockchain-based framework for a smart supply chain management in construction

Abstract

The flow of information in construction supply chain stands out for being inefficient and lacking in automation. Some authors have identified the potential of blockchain technology to solve problems related to the lack of transparency, automation, productivity, and efficiency. This study builds a novel blockchain-based information management framework for a typical supply chain of the construction industry. Using design science research as methodological research strategy, this study presents and analyses a blockchain framework and its development processes. The framework performance was evaluated through its potential to generate organizational knowledge and its impact on the current management context. The challenges of the proposed system are the integration of Hyperledger systems, the development of channels and the layout of the supply chain within the blockchain, as well as the addition and control of members within the network. The main contribution of this study is the proposition of a SaaS (Software as a Service) concept platform with great potential to meet the needs and particularities of the Construction sector.

Blockchain in global supply chains: A comparative review of USA and African practices

“…However, the American supply chain faces various challenges and inefficiencies, such as the tension between competition and collaboration, which can hinder greater integration (Halldorsson et al, 2008). To address these challenges, the integration of blockchain technology in US supply chains has been proposed, offering various benefits such as transparency, traceability, and automation through smart contracts (Gomes et al, 2022). Blockchain's decentralized ledger provides advantages in enhancing the security and efficiency of supply chain operations (Gomes et al, 2022).…”

“…To address these challenges, the integration of blockchain technology in US supply chains has been proposed, offering various benefits such as transparency, traceability, and automation through smart contracts (Gomes et al, 2022). Blockchain's decentralized ledger provides advantages in enhancing the security and efficiency of supply chain operations (Gomes et al, 2022).…”

“…The implementation of blockchain technology in US supply chains is not without challenges. Standardizing protocols and establishing regulatory frameworks for compliance are crucial aspects that need to be addressed (Gomes et al, 2022). Additionally, overcoming resistance to technological change is essential for successful integration (Wei et al, 2018).…”