Blockchain technology: a troubleshooter for blood cold chains

Asokan, Dinith; Sunny, Justin; Pillai, V. Madhusudanan; Nath, Hiran V.

doi:10.1108/jgoss-02-2022-0010

Cited by 9 publications

(4 citation statements)

References 65 publications

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“…The necessity of using blockchain and other technologies in the cold chain has been proven in numerous studies. Smart contracts combining blockchain and IoT technologies applied in the blood cold chain (BCC) can ensure the quality of blood or blood products [ 70 ]. Using blockchain technology (BCT) in the food cold chain, is expected to provide traceability and sustainability for food products [ 71 ].…”

Section: Discussionmentioning

confidence: 99%

How to build a cold chain supply chain system for fresh agricultural products through blockchain technology—A study of tripartite evolutionary game theory based on prospect theory

Bai,

Wu,

Huang

et al. 2023

PLoS ONE

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The global cold chain logistics market is witnessing a significant upswing, driven by the rising demand for perishable food products and increasing shipment volumes worldwide. Technological advancements are leading to a more intelligent and digitally enabled cold chain logistics system. However, the high loss rate of fresh agricultural products in China poses a significant threat to the country’s food security. Therefore, it is imperative to explore innovative solutions, such as blockchain, to address the challenges of traditional cold chain logistics. In this paper, inspired by the prospect theory and evolutionary game theory, we propose an evolutionary game model to analyze the behavioral strategies of the tripartite of n-level cold chain participants, consumers, and government. Using MATLAB software, the numerical simulation of the game path of this tripartite theory is conducted, and the influence of variable parameters on the evolutionary process and outcomes of the system is analyzed. The results the following: (1) The development of an effective cold chain supply chain system can be divided into three stages, and blockchain technology plays a pivotal role in creating a seamless cold chain environment. The cost of blockchain adoption, government rewards, as well as penalties can significantly influence the behavioral choices of the three stakeholders. (2) The behavior of individual cold chain participants has a strong negative externality, which can impact the behavior of others. We also find that the larger the scale of the cold chain, the lower the probability of default by the participants. (3) The government’s adoption of blockchain technology and the implementation of effective incentive policies can foster the successful development of the cold chain blockchain infrastructure. Our research contributes to the theoretical understanding of cold chain logistics decision making and policy creation for the tripartite stakeholders, including cold chain participants, consumers, and government. Our findings can serve as a valuable reference for scientific decision making and policy formulation to encourage the development of a robust cold chain supply chain system.

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Section: Discussionmentioning

confidence: 99%

How to build a cold chain supply chain system for fresh agricultural products through blockchain technology—A study of tripartite evolutionary game theory based on prospect theory

Bai,

Wu,

Huang

et al. 2023

PLoS ONE

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“…The combination of blockchain and IoT technology allows for the sharing of real-time information in the blood cold chain supply. 23…”

Section: Combination Of Block Chain and Iot Technologymentioning

confidence: 99%

Technological advancements, digital transformation, and future trends in blood transfusion services

Varghese,

Thilak,

Thomas

2024

Int J Adv Med

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Misidentification, mistransfusion, and pre-analytical errors are all regarded as major challenges and risks in safe blood transfusion procedures. To provide a high level of accuracy, traceability, automation, and reliability in blood transfusion services, traditional methods should be upgraded with modern technologies such as block chain technology, machine learning, artificial intelligence (AI), artificial neural networks, algorithm-based learning, and the implementation of radio frequency identification (RFID) and the internet of things (IoT). This technology helps reduce errors, retrieve data, forecast blood demand, reduce blood waste, manage blood storage, and manage workload, ensuring transfusion safety. The technology is still in the initial stages of development and by addressing issues such as data loss, patient data privacy, and cost-effectiveness, the technology will become a revolution in transfusion services.

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“…Regarding this outcome, lack of resources required for their implementation in operation gives negative impact due to industry 4.0. An example that we can see is blockchain is a type of internet technology that makes it possible to send money and other valuables over the internet in a safe way without the help of a financial institution (Asokan et al, 2022). On the other hand, IoTbased huge aeroplanes (LSPs) in the whole supply chain will be a big step toward more people using these technologies.…”

Section: Operational Barriersmentioning

confidence: 99%

A Systematic Review on Flexibility Enablers in Logistics Survivability

ZAINUDDIN

Deraman

LOH

et al. 2022

qjssh

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The demand uncertainty particularly during the outbreak of COVID-19 and the increasing competition of market have imposed pressures on the logistics industry to embrace the technology innovation. The pandemic caused a huge impact on world economies and communities and many companies were struggling to survive in this changing environment, thus leaving a question to the resilience of industry. In this situation, flexibility plays the key role for the logistics industry to recover from the supply chain crisis and get prepared for future uncertainties. This paper aims to provide a comprehensive insight on the technology innovations which enable the function of flexibility in logistics through a systematic literature analysis of papers from 2017 to 2022. Bibliometric analysis and content analysis are the methods used to analyse the multiple sources from different databases. The main research gaps in this paper is the flexibility enablers available in the logistics field, their implications on the logistics operations in terms of survivability performance are analysed and the challenges for the adoption of these flexibility enablers to the logistics service providers (LSPs) are identified. The identified flexibility enablers are blockchain, automated guided vehicle (AGV), drones, big data, radio frequency identification (RFID), cyber-physical system (CPS), sensors, cloud computing, augmented reality (AR), unmanned aerial vehicle (UAV), internet of things (IoT), digital twin, artificial Intelligence (AI) and information and communications technology (ICT). An implication model is set up to show the relationship of these flexibility with the logistics. The barriers to the LSPs to adopt the flexibility enablers are categorised into economic barriers, managerial barriers and operational barriers. Overall, these could provide some suggestions to the LSPs when they are considering the technological transformation and assist technology developers in identifying commercial opportunities.

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Blockchain technology: a troubleshooter for blood cold chains

Cited by 9 publications

References 65 publications

How to build a cold chain supply chain system for fresh agricultural products through blockchain technology—A study of tripartite evolutionary game theory based on prospect theory

How to build a cold chain supply chain system for fresh agricultural products through blockchain technology—A study of tripartite evolutionary game theory based on prospect theory

Technological advancements, digital transformation, and future trends in blood transfusion services

A Systematic Review on Flexibility Enablers in Logistics Survivability

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