Faculty

Social Science

Supervisor Name

Feng Zhan

Keywords

blockchain technology, business, supply chain, logistics, finance

Description

A blockchain is a digitally distributed and decentralized ledger of all transactions across a peer-to-peer network. Using this technology, transaction participants can confirm transactions without a need for a central clearing authority, making the technology a legitimate disruptor for fields like contracts, financing, and supply chain. Benefits of blockchain technology include immutability, efficiencies, and decentralization.

This project poster studied how blockchain technology influences supply chain, logistics, and supply chain finance through case studies. Particularly, this project examined Walmart's 2016 pork pilot program launch, the Haikou and Sanya Port hub in China, and the "We Chain" financing system in Tencent company.

Acknowledgements

Thank you to Dr. Feng Zhan, the Western USRI program, and the Faulty of Social Science for their support.

Creative Commons License

Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Document Type

Poster

Included in

Business Commons

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The Rise of Blockchain Technology in Businesses

A blockchain is a digitally distributed and decentralized ledger of all transactions across a peer-to-peer network. Using this technology, transaction participants can confirm transactions without a need for a central clearing authority, making the technology a legitimate disruptor for fields like contracts, financing, and supply chain. Benefits of blockchain technology include immutability, efficiencies, and decentralization.

This project poster studied how blockchain technology influences supply chain, logistics, and supply chain finance through case studies. Particularly, this project examined Walmart's 2016 pork pilot program launch, the Haikou and Sanya Port hub in China, and the "We Chain" financing system in Tencent company.

 

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