Developing a Model to Highlight the Relation of Digital Trust With Privacy and Security for the Blockchain Technology

PurposeThe circular economy is a production and consumption model that encourages people to share, lease, reuse, repair, refurbish and recycle existing materials and products for as long as possible. The blockchain-based circular economy is being used in many industries worldwide, but Indian electronic MSMEs face many problems in adopting a blockchain-based circular economy. The research aims to discover the barriers the electronic MSMEs face in adopting a blockchain-based circular economy and pull back from achieving environmental sustainability in their operations.Design/methodology/approachFifteen barriers are identified from the literature review and finalized with experts' opinions. These barriers are evaluated by using interpretive structural modeling (ISM), MICMAC analysis and fuzzy TOPSIS method.FindingsLack of support from distribution channels, lack of traceability mechanism and customer attitudes toward purchasing remanufactured goods are identified as the most critical barriers.Practical implicationsThe study will benchmark the electronic MSMEs in achieving environmental sustainability in the blockchain-based circular economy.Originality/valueIt is a study that not only establishes a hierarchical relationship among the barriers of blockchain adoption in Indian electronic MSMEs but also verifies the results with fuzzy TOPSIS method.

show abstract

“…, 2022). Trust is critical in convincing the electronics supply to incorporate such a business model (Mukherjee et al. , 2021).…”

Section: Discussionmentioning

confidence: 99%

“…Knowledge and understanding are considerable roadblocks to the circular electronics industry. The consensual and overall benefits of the SC should be clarified and disseminated (Mukherjee et al, 2021). As a result, managers must take priority on interaction and collaboration.…”

Section: Managerial Implicationsmentioning

confidence: 99%

Blockchain-based circular economy for achieving environmental sustainability in the Indian electronic MSMEs

Mukherjee

Nagariya

Baral

et al. 2022

MEQ

Self Cite

View full text Add to dashboard Cite

show abstract

Section: Literature Reviewmentioning

confidence: 99%

“…Instead of being copied or transferred, digital assets are distributed and an immutable asset is created. The asset is decentralized and enables public transparency and full real-time access (Mukherjee et al, 2021b). A transparent change ledger maintains the integrity of a document creating confidence in the asset (Kumar et al, 2022b;Sriyanto et al, 2022).…”

Section: Blockchain In Retail Supply Chainmentioning

confidence: 99%

Intentions to adopt the blockchain: investigation of the retail supply chain

Mukherjee

Baral

Lavanya³

et al. 2023

View full text Add to dashboard Cite

PurposeBlockchain can track the material from the manufacturer to the end customers. Therefore, it can ensure the product's authenticity, transparency and trust in the retail supply chain (SC). There is a need to trace and track the retail products before it reaches the customers to check the quality of the products so that expired products can be recycled and reused, which in turn will help gain customers' trust. This research aims to investigate retail employees' behavioural intention to adopt blockchain in the retail SC.Design/methodology/approachTo examine the behavioural intention of employees in the retail SC, the research uses three theories – the technology acceptance model; the unified theory of acceptance and use of technology; and the theory of planned behaviour. The technology acceptance model measures the employee's acceptance of blockchain in the retail SC. The unified theory of acceptance is used in this research to measure how blockchain adoption will improve the performance of the employees. The theory of planned behaviour is used in this research to measure whether the employees intend to adopt blockchain. A survey was carried out in the retail stores of India. Exploratory factor analysis and structural equation modelling were used for data analysis.FindingsThis study found that the employees of the retail stores have a positive intention and attitude to adopt blockchain technology. Further, it was found that perceived behavioural control and effort expectancy was not promoting blockchain adoption in the retail sector.Practical implicationsThis study will help the retail stores' employees understand the blockchain in their operations and will motivate the top management of the retail companies to adopt this technology. The study is limited to the retail SC in India only.Originality/valueThis study uses three theories technology acceptance model; the unified theory of acceptance and use of technology; and the theory of planned behaviour, which were not used in earlier studies of blockchain adoption in the retail SC.

show abstract

“…The blockchain framework in the agriculture supply chain could be utilized for recognizability, water management, agro-food assembling, and data security (Mukherjee et al, 2021c). In a full review on the use of blockchain research in farming, the researchers demonstrated that blockchain acceptance is a naïve phase and organised current blockchain-based research under 4 measurements, including recognizability, engineering, data framework, and other random applications (Ghode et al, 2020).…”

Section: Literature Review 21 Blockchain In Agriculture Supply Chain ...mentioning

confidence: 99%

The Challenges of Blockchain Technology Adoption in the Agro-based Industries

Nagariya

Mukherjee

Baral

et al. 2022

Int. j. math. eng. manag. sci.

Self Cite

View full text Add to dashboard Cite

Blockchain is one of the latest innovations in information technology, bringing a digital revolution to many industries by increasing transparency. But this technology needs to be explored a lot as of now. Agriculture supply chain management distributes agro-based products like vegetables, fruits, pulses, and cereals. This research is conducted to identify the agro-based industries' adoption of blockchain in their supply chain for achieving sustainability. The next step towards sustainable agriculture is primarily seen as blockchain-enabled agriculture. By making supply chains transparent, technology can follow products from the point of manufacture and prevent waste and inefficiency. A structured literature review helped determine the barriers to blockchain adoption in agro-based industries. This research is unique as no survey-based research on blockchain in the agriculture supply chain using structural equation modeling has been found. The seven proposed hypotheses support the blockchain challenges for adoption in agro-based industries. The findings of this study suggest that the blockchain can bring transparency and traceability and will remove the agro-industry inefficiencies.

show abstract

Developing a Model to Highlight the Relation of Digital Trust With Privacy and Security for the Blockchain Technology

Cited by 17 publications

References 36 publications

Blockchain-based circular economy for achieving environmental sustainability in the Indian electronic MSMEs

Blockchain-based circular economy for achieving environmental sustainability in the Indian electronic MSMEs

Intentions to adopt the blockchain: investigation of the retail supply chain

The Challenges of Blockchain Technology Adoption in the Agro-based Industries

Contact Info

Product

Resources

About