An Analysis of Block-chain Adoption in Supply Chains between 2010 and 2020

20 Pages Posted: 2 Nov 2020

See all articles by Nikhil Vadgama

Nikhil Vadgama

University College London - Centre for Blockchain Technologies

Paolo Tasca

UCL Centre for Blockchain Technologies

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

Suggested Citation

Vadgama, Nikhil and Tasca, Paolo, An Analysis of Block-chain Adoption in Supply Chains between 2010 and 2020 (September 30, 2020). Available at SSRN: https://ssrn.com/abstract=3702629 or http://dx.doi.org/10.2139/ssrn.3702629

Nikhil Vadgama (Contact Author)

University College London - Centre for Blockchain Technologies ( email )

UCL CBT UCL Computer Science
Malet Place London WC
London, London WC1E 6BT
United Kingdom

Paolo Tasca

UCL Centre for Blockchain Technologies ( email )

Gower Street
London, WC1E 6BT
United Kingdom

HOME PAGE: http://paolotasca.com

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