IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v188y2023ics004016252200796x.html
   My bibliography  Save this article

Technical challenges of blockchain technology for sustainable manufacturing paradigm in Industry 4.0 era using a fuzzy decision support system

Author

Listed:
  • Su, Dan
  • Zhang, Lijun
  • Peng, Hua
  • Saeidi, Parvaneh
  • Tirkolaee, Erfan Babaee

Abstract

Since 2008, many academics have increasingly paid attention to blockchain technology from different perspectives. In general, researchers desire to achieve global blockchain systems within a sustainable manufacturing domain; however, a number of technical challenges have come to exist in the recent decade, for instance, consensus algorithms and computing paradigms that can meet the privacy protection requirements of manufacturing systems. Therefore, an integrated decision-making framework called Pythagorean fuzzy-entropy-rank sum-Combined Compromise Solution (PF-entropy-RS-CoCoSo) is developed in this study, including two main phases. In the first phase, the PF-entropy-RS method is applied to obtain the subjective and objective weights of criteria to evaluate the technical challenges of transforming blockchain technology for a sustainable manufacturing paradigm in the Industry 4.0 era. The PF-CoCoSo model is then utilized in the second phase to assess the preferences of organizations over different technical challenges of the blockchain technology transformation for the sustainable manufacturing paradigm in the Industry 4.0 era. An empirical case study is taken to assess the main technical challenges of blockchain technology transformation for the sustainable manufacturing paradigm. Furthermore, a comparison analysis and a sensitivity investigation are made to demonstrate the superiority of the developed framework.

Suggested Citation

  • Su, Dan & Zhang, Lijun & Peng, Hua & Saeidi, Parvaneh & Tirkolaee, Erfan Babaee, 2023. "Technical challenges of blockchain technology for sustainable manufacturing paradigm in Industry 4.0 era using a fuzzy decision support system," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
  • Handle: RePEc:eee:tefoso:v:188:y:2023:i:c:s004016252200796x
    DOI: 10.1016/j.techfore.2022.122275
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S004016252200796X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techfore.2022.122275?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Taehyun Ko & Jaeram Lee & Doojin Ryu, 2018. "Blockchain Technology and Manufacturing Industry: Real-Time Transparency and Cost Savings," Sustainability, MDPI, vol. 10(11), pages 1-20, November.
    2. Sara Saberi & Mahtab Kouhizadeh & Joseph Sarkis & Lejia Shen, 2019. "Blockchain technology and its relationships to sustainable supply chain management," International Journal of Production Research, Taylor & Francis Journals, vol. 57(7), pages 2117-2135, April.
    3. Sundarakani, Balan & Ajaykumar, Aneesh & Gunasekaran, Angappa, 2021. "Big data driven supply chain design and applications for blockchain: An action research using case study approach," Omega, Elsevier, vol. 102(C).
    4. David Teh & Tehmina Khan & Brian Corbitt & Chin Eang Ong, 2020. "Sustainability strategy and blockchain-enabled life cycle assessment: a focus on materials industry," Environment Systems and Decisions, Springer, vol. 40(4), pages 605-622, December.
    5. Wattana Viriyasitavat & Li Xu & Zhuming Bi & Assadaporn Sapsomboon, 2020. "Blockchain-based business process management (BPM) framework for service composition in industry 4.0," Journal of Intelligent Manufacturing, Springer, vol. 31(7), pages 1737-1748, October.
    6. Torkayesh, Ali Ebadi & Pamucar, Dragan & Ecer, Fatih & Chatterjee, Prasenjit, 2021. "An integrated BWM-LBWA-CoCoSo framework for evaluation of healthcare sectors in Eastern Europe," Socio-Economic Planning Sciences, Elsevier, vol. 78(C).
    7. Chen, Yan & Bellavitis, Cristiano, 2020. "Blockchain disruption and decentralized finance: The rise of decentralized business models," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    8. Khaqqi, Khamila Nurul & Sikorski, Janusz J. & Hadinoto, Kunn & Kraft, Markus, 2018. "Incorporating seller/buyer reputation-based system in blockchain-enabled emission trading application," Applied Energy, Elsevier, vol. 209(C), pages 8-19.
    9. Bailu Fu & Zhan Shu & Xiaogang Liu, 2018. "Blockchain Enhanced Emission Trading Framework in Fashion Apparel Manufacturing Industry," Sustainability, MDPI, vol. 10(4), pages 1-19, April.
    10. Wattana Viriyasitavat & Li Da Xu & Zhuming Bi & Assadaporn Sapsomboon, 2020. "Correction to: Blockchain-based business process management (BPM) framework for service composition in industry 4.0," Journal of Intelligent Manufacturing, Springer, vol. 31(7), pages 1749-1749, October.
    11. Leng, Jiewu & Ruan, Guolei & Jiang, Pingyu & Xu, Kailin & Liu, Qiang & Zhou, Xueliang & Liu, Chao, 2020. "Blockchain-empowered sustainable manufacturing and product lifecycle management in industry 4.0: A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    12. David Yermack, 2017. "Corporate Governance and Blockchains," Review of Finance, European Finance Association, vol. 21(1), pages 7-31.
    13. Dubey, Rameshwar & Gunasekaran, Angappa & Childe, Stephen J. & Papadopoulos, Thanos & Luo, Zongwei & Wamba, Samuel Fosso & Roubaud, David, 2019. "Can big data and predictive analytics improve social and environmental sustainability?," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 534-545.
    14. Marconi, Nelson & Reis, Cristina Fróes de Borja & Araújo, Eliane Cristina de, 2016. "Manufacturing and economic development: The actuality of Kaldor's first and second laws," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 75-89.
    15. de Sousa Jabbour, Ana Beatriz Lopes & Jabbour, Charbel Jose Chiappetta & Foropon, Cyril & Godinho Filho, Moacir, 2018. "When titans meet – Can industry 4.0 revolutionise the environmentally-sustainable manufacturing wave? The role of critical success factors," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 18-25.
    16. Chang, Shuchih Ernest & Chen, Yi-Chian & Lu, Ming-Fang, 2019. "Supply chain re-engineering using blockchain technology: A case of smart contract based tracking process," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 1-11.
    17. Ivan Montiel & Alvaro Cuervo-Cazurra & Junghoon Park & Raquel Antolín-López & Bryan W. Husted, 2021. "Implementing the United Nations’ Sustainable Development Goals in international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(5), pages 999-1030, July.
    18. Morteza Yazdani & Pascale Zaraté & Edmundas Kazimieras Zavadskas & Zenonas Turskis, 2019. "A Combined Compromise Solution (CoCoSo) method for multi-criteria decision-making problems," Post-Print hal-02879091, HAL.
    19. J. Leon Zhao & Shaokun Fan & Jiaqi Yan, 2016. "Overview of business innovations and research opportunities in blockchain and introduction to the special issue," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 2(1), pages 1-7, December.
    20. Jackson, Sherry Avery & Gopalakrishna-Remani, Venugopal & Mishra, Rajat & Napier, Randy, 2016. "Examining the impact of design for environment and the mediating effect of quality management innovation on firm performance," International Journal of Production Economics, Elsevier, vol. 173(C), pages 142-152.
    21. Minjae Yoo & Yoojae Won, 2018. "A Study on the Transparent Price Tracing System in Supply Chain Management Based on Blockchain," Sustainability, MDPI, vol. 10(11), pages 1-15, November.
    22. Haraguchi, Nobuya & Cheng, Charles Fang Chin & Smeets, Eveline, 2017. "The Importance of Manufacturing in Economic Development: Has This Changed?," World Development, Elsevier, vol. 93(C), pages 293-315.
    23. Choi, Tsan-Ming & Wen, Xin & Sun, Xuting & Chung, Sai-Ho, 2019. "The mean-variance approach for global supply chain risk analysis with air logistics in the blockchain technology era," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 127(C), pages 178-191.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liu, Hongda & Zhao, Haifeng & Li, Shiyuan, 2023. "Future social change of manufacturing and service industries: Service-oriented manufacturing under the integration of innovation-flows drive," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    2. Kumar, Devinder & Singh, Rajesh Kr & Mishra, Ruchi & Daim, Tugrul U., 2023. "Roadmap for integrating blockchain with Internet of Things (IoT) for sustainable and secured operations in logistics and supply chains: Decision making framework with case illustration," Technological Forecasting and Social Change, Elsevier, vol. 196(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ahmad A. A. Khanfar & Mohammad Iranmanesh & Morteza Ghobakhloo & Madugoda Gunaratnege Senali & Masood Fathi, 2021. "Applications of Blockchain Technology in Sustainable Manufacturing and Supply Chain Management: A Systematic Review," Sustainability, MDPI, vol. 13(14), pages 1-20, July.
    2. Vineet Paliwal & Shalini Chandra & Suneel Sharma, 2020. "Blockchain Technology for Sustainable Supply Chain Management: A Systematic Literature Review and a Classification Framework," Sustainability, MDPI, vol. 12(18), pages 1-39, September.
    3. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    4. Leng, Jiewu & Ruan, Guolei & Jiang, Pingyu & Xu, Kailin & Liu, Qiang & Zhou, Xueliang & Liu, Chao, 2020. "Blockchain-empowered sustainable manufacturing and product lifecycle management in industry 4.0: A survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).
    5. Jacob Lohmer & Elias Ribeiro da Silva & Rainer Lasch, 2022. "Blockchain Technology in Operations & Supply Chain Management: A Content Analysis," Sustainability, MDPI, vol. 14(10), pages 1-88, May.
    6. Zheng, Leven J. & Xiong, Chang & Chen, Xihui & Li, Chung-Sheng, 2021. "Product innovation in entrepreneurial firms: How business model design influences disruptive and adoptive innovation," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    7. Yi Wang & Yafei Yang & Zhaoxiang Qin & Yefei Yang & Jun Li, 2023. "A Literature Review on the Application of Digital Technology in Achieving Green Supply Chain Management," Sustainability, MDPI, vol. 15(11), pages 1-18, May.
    8. Liu, Weihua & Long, Shangsong & Wei, Shuang, 2022. "Correlation mechanism between smart technology and smart supply chain innovation performance: A multi-case study from China's companies with Physical Internet," International Journal of Production Economics, Elsevier, vol. 245(C).
    9. Silvia H. Bonilla & Helton R. O. Silva & Marcia Terra da Silva & Rodrigo Franco Gonçalves & José B. Sacomano, 2018. "Industry 4.0 and Sustainability Implications: A Scenario-Based Analysis of the Impacts and Challenges," Sustainability, MDPI, vol. 10(10), pages 1-24, October.
    10. Francesco Mercuri & Gaetano della Corte & Federica Ricci, 2021. "Blockchain Technology and Sustainable Business Models: A Case Study of Devoleum," Sustainability, MDPI, vol. 13(10), pages 1-14, May.
    11. Geneci da Silva Ribeiro Rocha & Letícia de Oliveira & Edson Talamini, 2021. "Blockchain Applications in Agribusiness: A Systematic Review," Future Internet, MDPI, vol. 13(4), pages 1-16, April.
    12. Sachin S. Kamble & Angappa Gunasekaran & Nachiappan Subramanian & Abhijeet Ghadge & Amine Belhadi & Mani Venkatesh, 2023. "Blockchain technology’s impact on supply chain integration and sustainable supply chain performance: evidence from the automotive industry," Annals of Operations Research, Springer, vol. 327(1), pages 575-600, August.
    13. de Villiers, Charl & Kuruppu, Sanjaya & Dissanayake, Dinithi, 2021. "A (new) role for business – Promoting the United Nations’ Sustainable Development Goals through the internet-of-things and blockchain technology," Journal of Business Research, Elsevier, vol. 131(C), pages 598-609.
    14. Giuliano Sansone & Flavio Santalucia & Davide Viglialoro & Paolo Landoni, 2023. "Blockchain for social good and stakeholder engagement: Evidence from a case study," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2182-2193, September.
    15. Sreenivasan Jayashree & Mohammad Nurul Hassan Reza & Chinnasamy Agamudai Nambi Malarvizhi & Hesti Maheswari & Zohre Hosseini & Azilah Kasim, 2021. "The Impact of Technological Innovation on Industry 4.0 Implementation and Sustainability: An Empirical Study on Malaysian Small and Medium Sized Enterprises," Sustainability, MDPI, vol. 13(18), pages 1-23, September.
    16. Centobelli, Piera & Cerchione, Roberto & Esposito, Emilio & Oropallo, Eugenio, 2021. "Surfing blockchain wave, or drowning? Shaping the future of distributed ledgers and decentralized technologies," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    17. Robert Karaszewski & Paweł Modrzyński & Gözde Türkmen Müldür & Jacek Wójcik, 2021. "Blockchain Technology in Life Cycle Assessment—New Research Trends," Energies, MDPI, vol. 14(24), pages 1-13, December.
    18. Muhammad Nazam & Muhammad Hashim & Florian Marcel Nută & Liming Yao & Muhammad Azam Zia & Muhammad Yousaf Malik & Muhammad Usman & Levente Dimen, 2022. "Devising a Mechanism for Analyzing the Barriers of Blockchain Adoption in the Textile Supply Chain: A Sustainable Business Perspective," Sustainability, MDPI, vol. 14(23), pages 1-31, December.
    19. Ulpan Tokkozhina & Ana Lucia Martins & Joao C. Ferreira, 2023. "Uncovering dimensions of the impact of blockchain technology in supply chain management," Operations Management Research, Springer, vol. 16(1), pages 99-125, March.
    20. Piccarozzi, Michela & Silvestri, Cecilia & Aquilani, Barbara & Silvestri, Luca, 2022. "Is this a new story of the ‘Two Giants’? A systematic literature review of the relationship between industry 4.0, sustainability and its pillars," Technological Forecasting and Social Change, Elsevier, vol. 177(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:tefoso:v:188:y:2023:i:c:s004016252200796x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.