Crafting efficient blockchain adoption strategies under risk and uncertain environments
Küçük Resim Yok
Tarih
2024
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier B.V.
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Risk and uncertainty are crucial factors in decision-making processes, especially when integrating emerging technologies into essential systems like supply chains. Failing to adequately consider significant risks can disrupt supply chain operations, leading to a loss of competitive edge and causing financial and reputational damage. On the other hand, the complex nature of new technology environments, differing viewpoints among stakeholders, and the challenges of interpreting data introduce a variety of uncertainties in decision-making. In this study, we conduct a thorough examination of how blockchain strategies can be applied within supply chain frameworks. Our analysis utilizes data-driven network decision-making models that are refined to effectively manage uncertainty and risk. These models take into account aspects such as supply chain dynamics and technological factors. Importantly, we meld risk considerations with our models to tackle efficiency shortfalls, while also accounting for uncertainty caused by ambiguous and stochastic data environments. By applying and assessing these models in a real-world case study of the oil and gas industry, our research uncovers insightful observations. Specifically, we find that adopting a localization strategy presents specific risks, while a single-use strategy yields significant efficiency improvements. © 2024 The Authors
Açıklama
Anahtar Kelimeler
Blockchain Technology, Data-Driven Decision Making, Efficiency, Risk Analysisy, Uncertain Environment
Kaynak
Alexandria Engineering Journal
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
103
Sayı
Künye
Babaei, A., Tirkolaee, E. B., & Amjadian, A. (2024). Crafting efficient blockchain adoption strategies under risk and uncertain environments. Alexandria Engineering Journal, 103, 137-147.
