Vadgama, Nikhil;
Tasca, Paolo;
(2021)
An Analysis of Blockchain Adoption in Supply Chains Between 2010 and 2020.
Frontiers in Blockchain
, 4
, Article 610476. 10.3389/fbloc.2021.610476.
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Abstract
In this research, the evolution of blockchain applied to supply chains has been mapped from the inception of the technology until June 2020, utilizing primarily public data sources. We have analyzed 271 blockchain projects on parameters such as their inception dates, types of blockchain, status, sectors applied to and type of organization that founded the project. We confirm generally understood trends in the blockchain market with new projects following the industry’s general hype and funding levels. We observe most activity in the Agriculture/Grocery sector and the Freight/Logistics sector. We see the shift of market interest from private companies (startups) to public companies and consortia and the change in blockchain adoption from Ethereum to Hyperledger. Finally, we observe more market-ready solutions and fewer inactive projects for Hyperledger-based projects than Ethereum-based projects.
| Type: | Article |
|---|---|
| Title: | An Analysis of Blockchain Adoption in Supply Chains Between 2010 and 2020 |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.3389/fbloc.2021.610476 |
| Publisher version: | https://doi.org/10.3389/fbloc.2021.610476 |
| Language: | English |
| Additional information: | © 2021 Vadgama and Tasca. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. |
| Keywords: | blockchain, distributed ledger technologies, ethereum, hyperledger, supply chain, agriculture, freight, logistics |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Computer Science |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10160702 |
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