An Analysis of Block-chain Adoption in Supply Chains between 2010 and 2020
20 Pages Posted: 2 Nov 2020
Date Written: September 30, 2020
Abstract
In this research, the evolution of Distributed Ledger Technology (DLT) in supply chains has been mapped from the inception of the technology until June 2020, utilizing primarily public data sources. Two hundred seventy-one block-chain projects operating in the supply chain have been analysed on parameters such as their inception dates, types of block-chain, stages reached, sectors applied to and type of organisation that founded the project. We confirm generally understood trends in the block-chain market with the creation of projects following the general hype and funding levels in the industry. We observe most activity in the Agriculture/Grocery sector and the Freight/Logistics sector. We see the shift of market interest from primarily private companies (startups) to public companies and consortia and the change in block-chain adoption from Ethereum to Hyperledger. Finally, we observe higher success and lower failure rates for Hyperledger-based projects in comparison to Ethereum-based projects.
Keywords: Block-chain, Supply Chain, Distributed Ledger Technology, Ethereum, Hyperledger, Agriculture, Freight, Logistics
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