IDEAS home Printed from https://ideas.repec.org/a/spr/annopr/v327y2023i1d10.1007_s10479-023-05169-w.html
   My bibliography  Save this article

A critical analysis of the integration of blockchain and artificial intelligence for supply chain

Author

Listed:
  • Vincent Charles

    (CENTRUM Católica Graduate Business School
    Pontifical Catholic University of Peru)

  • Ali Emrouznejad

    (University of Surrey)

  • Tatiana Gherman

    (University of Northampton)

Abstract

The integration between blockchain and artificial intelligence (AI) has gained a lot of attention in recent years, especially since such integration can improve security, efficiency, and productivity of applications in business environments characterised by volatility, uncertainty, complexity, and ambiguity. In particular, supply chain is one of the areas that have been shown to benefit tremendously from blockchain and AI, by enhancing information and process resilience, enabling faster and more cost-efficient delivery of products, and augmenting products’ traceability, among others. This paper performs a state-of-the-art review of blockchain and AI in the field of supply chains. More specifically, we sought to answer the following three principal questions: Q1—What are the current studies on the integration of blockchain and AI in supply chain?, Q2—What are the current blockchain and AI use cases in supply chain?, and Q3—What are the potential research directions for future studies involving the integration of blockchain and AI? The analysis performed in this paper has identified relevant research studies that have contributed both conceptually and empirically to the expansion and accumulation of intellectual wealth in the supply chain discipline through the integration of blockchain and AI.

Suggested Citation

  • Vincent Charles & Ali Emrouznejad & Tatiana Gherman, 2023. "A critical analysis of the integration of blockchain and artificial intelligence for supply chain," Annals of Operations Research, Springer, vol. 327(1), pages 7-47, August.
    • Handle: RePEc:spr:annopr:v:327:y:2023:i:1:d:10.1007_s10479-023-05169-w
    DOI: 10.1007/s10479-023-05169-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10479-023-05169-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10479-023-05169-w?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. Yunmei Liu & Shuai Zhang & Min Chen & Yenchun Wu & Zhengxian Chen, 2021. "The Sustainable Development of Financial Topic Detection and Trend Prediction by Data Mining," Sustainability, MDPI, vol. 13(14), pages 1-19, July.
    2. Suyuan Luo & Tsan-Ming Choi, 2022. "Operational Research for Technology-Driven Supply Chains in the Industry 4.0 Era: Recent Development and Future Studies," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 39(01), pages 1-24, February.
    3. Frank Ebinger & Bramwel Omondi, 2020. "Leveraging Digital Approaches for Transparency in Sustainable Supply Chains: A Conceptual Paper," Sustainability, MDPI, vol. 12(15), pages 1-16, July.
    4. 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.
    5. Simon Wong & John-Kun-Woon Yeung & Yui-Yip Lau & Joseph So, 2021. "Technical Sustainability of Cloud-Based Blockchain Integrated with Machine Learning for Supply Chain Management," Sustainability, MDPI, vol. 13(15), pages 1-20, July.
    6. Antonio Fusco & Grazia Dicuonzo & Vittorio Dell’Atti & Marco Tatullo, 2020. "Blockchain in Healthcare: Insights on COVID-19," IJERPH, MDPI, vol. 17(19), pages 1-12, September.
    7. Dmitry Ivanov & Alexandre Dolgui & Boris Sokolov, 2019. "The impact of digital technology and Industry 4.0 on the ripple effect and supply chain risk analytics," International Journal of Production Research, Taylor & Francis Journals, vol. 57(3), pages 829-846, February.
    8. Aditya Chidepatil & Prabhleen Bindra & Devyani Kulkarni & Mustafa Qazi & Meghana Kshirsagar & Krishnaswamy Sankaran, 2020. "From Trash to Cash: How Blockchain and Multi-Sensor-Driven Artificial Intelligence Can Transform Circular Economy of Plastic Waste?," Administrative Sciences, MDPI, vol. 10(2), pages 1-16, April.
    9. Zhi Li & Hanyang Guo & Ali Vatankhah Barenji & W. M. Wang & Yijiang Guan & George Q. Huang, 2020. "A sustainable production capability evaluation mechanism based on blockchain, LSTM, analytic hierarchy process for supply chain network," International Journal of Production Research, Taylor & Francis Journals, vol. 58(24), pages 7399-7419, December.
    10. Omar Mubin & Mudassar Arsalan & Abdullah Al Mahmud, 2018. "Tracking the follow-up of work in progress papers," Scientometrics, Springer;Akadémiai Kiadó, vol. 114(3), pages 1159-1174, March.
    11. Konstantinos Sgantzos & Ian Grigg, 2019. "Artificial Intelligence Implementations on the Blockchain. Use Cases and Future Applications," Future Internet, MDPI, vol. 11(8), pages 1-15, August.
    12. Dianhui Mao & Fan Wang & Zhihao Hao & Haisheng Li, 2018. "Credit Evaluation System Based on Blockchain for Multiple Stakeholders in the Food Supply Chain," IJERPH, MDPI, vol. 15(8), pages 1-21, August.
    13. Oscar Rodríguez-Espíndola & Soumyadeb Chowdhury & Ahmad Beltagui & Pavel Albores, 2020. "The potential of emergent disruptive technologies for humanitarian supply chains: the integration of blockchain, Artificial Intelligence and 3D printing," International Journal of Production Research, Taylor & Francis Journals, vol. 58(15), pages 4610-4630, July.
    14. Martín-Martín, Alberto & Orduna-Malea, Enrique & Thelwall, Mike & Delgado López-Cózar, Emilio, 2018. "Google Scholar, Web of Science, and Scopus: A systematic comparison of citations in 252 subject categories," Journal of Informetrics, Elsevier, vol. 12(4), pages 1160-1177.
    15. Dimitrios Bechtsis & Naoum Tsolakis & Eleftherios Iakovou & Dimitrios Vlachos, 2022. "Data-driven secure, resilient and sustainable supply chains: gaps, opportunities, and a new generalised data sharing and data monetisation framework," International Journal of Production Research, Taylor & Francis Journals, vol. 60(14), pages 4397-4417, July.
    16. Hannah S Chen†& Juliet T Jarrell & Kristy A Carpenter & David S Cohen & Xudong Huang, 2019. "Blockchain in Healthcare: A Patient-Centered Model," Biomedical Journal of Scientific & Technical Research, Biomedical Research Network+, LLC, vol. 20(3), pages 15017-15022, August.
    17. Yong, Binbin & Shen, Jun & Liu, Xin & Li, Fucun & Chen, Huaming & Zhou, Qingguo, 2020. "An intelligent blockchain-based system for safe vaccine supply and supervision," International Journal of Information Management, Elsevier, vol. 52(C).
    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. Simon Wong & John Kun-Woon Yeung & Yui-Yip Lau & Tomoya Kawasaki, 2023. "A Case Study of How Maersk Adopts Cloud-Based Blockchain Integrated with Machine Learning for Sustainable Practices," Sustainability, MDPI, vol. 15(9), pages 1-17, April.
    2. Ali Emrouznejad & Soumyadeb Chowdhury & Prasanta Kumar Dey, 2023. "Blockchain in operations and supply Chain Management," Annals of Operations Research, Springer, vol. 327(1), pages 1-6, August.
    3. Binh Nguyen Thanh & Ha Xuan Son & Diem Thi Hong Vo, 2024. "Blockchain: The Economic and Financial Institution for Autonomous AI?," JRFM, MDPI, vol. 17(2), pages 1-20, January.

    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. Naoum Tsolakis & Roman Schumacher & Manoj Dora & Mukesh Kumar, 2023. "Artificial intelligence and blockchain implementation in supply chains: a pathway to sustainability and data monetisation?," Annals of Operations Research, Springer, vol. 327(1), pages 157-210, August.
    2. Satish Kumar & Weng Marc Lim & Uthayasankar Sivarajah & Jaspreet Kaur, 2023. "Artificial Intelligence and Blockchain Integration in Business: Trends from a Bibliometric-Content Analysis," Information Systems Frontiers, Springer, vol. 25(2), pages 871-896, April.
    3. Swikriti Khadke & Pragya Gupta & Shanmukh Rachakunta & Chandreswar Mahata & Suma Dawn & Mohit Sharma & Deepak Verma & Aniruddha Pradhan & Ambati Mounika Sai Krishna & Seeram Ramakrishna & Sabyasachi C, 2021. "Efficient Plastic Recycling and Remolding Circular Economy Using the Technology of Trust–Blockchain," Sustainability, MDPI, vol. 13(16), pages 1-15, August.
    4. Xu, Xiaoyan & Chung, Sai-Ho & Lo, Chris K.Y. & Yeung, Andy C.L., 2022. "Sustainable supply chain management with NGOs, NPOs, and charity organizations: A systematic review and research agenda," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    5. Qingyu Zhang & Salman Khan & Safeer Ullah Khan & Ikram Ullah Khan, 2023. "Understanding Blockchain Technology Adoption in Operation and Supply Chain Management of Pakistan: Extending UTAUT Model With Technology Readiness, Technology Affinity and Trust," SAGE Open, , vol. 13(4), pages 21582440231, October.
    6. Soumyadeb Chowdhury & Oscar Rodriguez-Espindola & Prasanta Dey & Pawan Budhwar, 2023. "Blockchain technology adoption for managing risks in operations and supply chain management: evidence from the UK," Annals of Operations Research, Springer, vol. 327(1), pages 539-574, August.
    7. 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.
    8. 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.
    9. Abderahman Rejeb & Karim Rejeb & Steve Simske & Horst Treiblmaier, 2021. "Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review," Logistics, MDPI, vol. 5(4), pages 1-28, October.
    10. Ashish Dwivedi & Dindayal Agrawal & Sanjoy Kumar Paul & Saurabh Pratap, 2023. "Modeling the blockchain readiness challenges for product recovery system," Annals of Operations Research, Springer, vol. 327(1), pages 493-537, August.
    11. Kongmanas Yavaprabhas & Mehrdokht Pournader & Stefan Seuring, 2023. "Blockchain as the “trust-building machine” for supply chain management," Annals of Operations Research, Springer, vol. 327(1), pages 49-88, August.
    12. 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).
    13. Atanu Chaudhuri & Manjot Singh Bhatia & Yasanur Kayikci & Kiran J. Fernandes & Samuel Fosso-Wamba, 2023. "Improving social sustainability and reducing supply chain risks through blockchain implementation: role of outcome and behavioural mechanisms," Annals of Operations Research, Springer, vol. 327(1), pages 401-433, August.
    14. Hunt, Kyle & Narayanan, Adithya & Zhuang, Jun, 2022. "Blockchain in humanitarian operations management: A review of research and practice," Socio-Economic Planning Sciences, Elsevier, vol. 80(C).
    15. Choi, Tsan-Ming & Siqin, Tana, 2022. "Blockchain in logistics and production from Blockchain 1.0 to Blockchain 5.0: An intra-inter-organizational framework," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 160(C).
    16. Mona Haji & Laoucine Kerbache & Mahaboob Muhammad & Tareq Al-Ansari, 2020. "Roles of Technology in Improving Perishable Food Supply Chains," Logistics, MDPI, vol. 4(4), pages 1-24, December.
    17. Sachin Kumar Mangla & Yiğit Kazançoğlu & Abdullah Yıldızbaşı & Cihat Öztürk & Ahmet Çalık, 2022. "A conceptual framework for blockchain‐based sustainable supply chain and evaluating implementation barriers: A case of the tea supply chain," Business Strategy and the Environment, Wiley Blackwell, vol. 31(8), pages 3693-3716, December.
    18. Yuling Sun & Xiaomei Song & Yihao Jiang & Jian Guo, 2023. "Strategy Analysis of Fresh Agricultural Enterprises in a Competitive Circumstance: The Impact of Blockchain and Consumer Traceability Preferences," Mathematics, MDPI, vol. 11(5), pages 1-18, February.
    19. Kirti Nayal & Rakesh D. Raut & Balkrishna E. Narkhede & Pragati Priyadarshinee & Gajanan B. Panchal & Vidyadhar V. Gedam, 2023. "Antecedents for blockchain technology-enabled sustainable agriculture supply chain," Annals of Operations Research, Springer, vol. 327(1), pages 293-337, August.
    20. 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).

    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:spr:annopr:v:327:y:2023:i:1:d:10.1007_s10479-023-05169-w. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.