Work

Review of Barriers to Implement Blockchain Technologies in Logistics

Year: 2024
Type: conference-paper
Abstract: The benefits of blockchain technologies in logistics are improved transparency, enhanced security, and improved operational efficiency. Constraints to its diffusion in logistics settings have to be put under systematic scrutiny. This paper attempts to identify and classify the main barriers that impede the diffusion of blockchain in logistics. A total of 28 peer-reviewed studies were analyzed, selected using defined inclusion criteria for the period between 2018 and 2023. Thematic analysis included categorizing barriers into technological, organizational, and environmental factors. The results show that a deficiency in technological infrastructure and high costs of implementation are the major identified barriers. Other significant challenges have been identified include lack of government regulation, lack of technical expertise, and data security. Consequently, strategic investments in the removal of such barriers will call for myriad policy interventions. Perception of these barriers will thus facilitate stakeholders in ensuring smooth integration of blockchain technologies within the logistics industry.
Language: English
Open Access status: gold
OpenAlex ID: W4406676750
FWCI:
Cites: 26
Cited by:
Related to: 10