Blockchain and Other Distributed Ledger Technologies in Operations
12 Pages Posted: 27 Aug 2018 Last revised: 20 Nov 2018
Date Written: November 19, 2018
Blockchain is a form of distributed ledger technology (DLT) that has grown in prominence, although its full potential and possible downsides are not yet fully understood, especially with respect to Operations Management (OM). This manuscript contributes to filling in this gap. We identify three research themes in applying Blockchain technology to OM, illustrated through several applications to OM problems. Elsewhere, in a companion article, (Babich and Hilary (2018)), we provide a conceptual framework for the role of Blockchain and other DLT in OM, along with specific examples of research questions, and we demonstrate how research in economics can inform research in OM on Blockchain applications.
Keywords: Visibility, Information Aggregation, Validation, Resiliency, Smart Contracts, Digital Assets
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