Investigating Smart Contracts in Supply Chains: Improving Transparency and Efficiency Using Blockchain Technology
DOI:
https://doi.org/10.5281/zenodo.15702890Keywords:
Smart Contracts, Blockchain Technology, Supply Chain Management, Transparency, EfficiencyAbstract
The integration of blockchain-enabled smart contracts in supply chain management is emerging as a transformative solution for enhancing operational efficiency and transparency. This systematic literature review aims to investigate the implementation of smart contracts, focusing on their benefits, challenges, and practical implications within supply chains. Following PRISMA guidelines, a comprehensive search across five major databases yielded 10,024 articles, which were screened to include 47 peer-reviewed studies published between 2015 and 2024 that provided empirical evidence on the topic. A thematic analysis was conducted to identify patterns and synthesize findings related to the experiences and perceptions of smart contract implementation. The analysis revealed key themes highlighting the potential of smart contracts to streamline operations, enhance transparency, and improve cost-effectiveness in supply chains. However, it also identified significant challenges and barriers to implementation, offering insights into both the opportunities and limitations of this technology. This review contributes to the growing body of knowledge on blockchain technology and smart contracts in supply chain management, providing valuable insights for practitioners and researchers. The findings offer evidence-based recommendations for successful implementation and identify areas for further research and development to fully realize the potential of smart contracts in enhancing supply chain transparency and efficiency.References
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