{"title":"CHALLENGES AND BENEFITS OF BLOCKCHAIN\nIMPLEMENTATION IN SUPPLY CHAIN","authors":"C. Negrutiu","doi":"10.24818/cts/4/2022/2.04","DOIUrl":null,"url":null,"abstract":"This article presents the challenges and benefits of blockchain implementation in the supply chain. In a broader\ncontext, the article addresses how technology facilitates digitalization in a traditional industry, with no shortage\nof ideas and controversies. The findings are drawn from a case study of a Romanian tech startup. The empirical\ninvestigation uses interview and direct observation methods to show how the startup under study implements\nIndustry 4.0 solutions based on blockchain technology. The findings demonstrate the feasibility of the\ntechnologies, the benefits for customers, and the challenges associated with them. So, it can be said that tech\nstartups are real ambassadors of innovation and are able to change the status quo faster and easier. Their\nsolutions and products have the potential to disrupt the industry and evolve into integrated platforms for\nartificial intelligence.","PeriodicalId":54361,"journal":{"name":"Journal of the Professional Association for Cactus Development","volume":null,"pages":null},"PeriodicalIF":0.4000,"publicationDate":"2022-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Professional Association for Cactus Development","FirstCategoryId":"97","ListUrlMain":"https://doi.org/10.24818/cts/4/2022/2.04","RegionNum":4,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"HORTICULTURE","Score":null,"Total":0}
引用次数: 0
Abstract
This article presents the challenges and benefits of blockchain implementation in the supply chain. In a broader
context, the article addresses how technology facilitates digitalization in a traditional industry, with no shortage
of ideas and controversies. The findings are drawn from a case study of a Romanian tech startup. The empirical
investigation uses interview and direct observation methods to show how the startup under study implements
Industry 4.0 solutions based on blockchain technology. The findings demonstrate the feasibility of the
technologies, the benefits for customers, and the challenges associated with them. So, it can be said that tech
startups are real ambassadors of innovation and are able to change the status quo faster and easier. Their
solutions and products have the potential to disrupt the industry and evolve into integrated platforms for
artificial intelligence.
期刊介绍:
The editors of the Journal of the Professional Association for Cactus Development, are very excited to be a part of the excellent editorial committee and to work together to create the synergism between scientists, growers, legislators, and business people so vital to the development of this industry to serve the people of arid lands.