ISSN: 2225-8329
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Blockchain technology (BCT) is gaining momentum and expanding rapidly across diverse industries. This distributed ledger system is recognized as a promising solution for addressing supply chain challenges, offering information auditability, transparency, and verifiability. Supply chain finance (SCF) is an emerging financing model that effectively optimizes the financial flow with the other supply chain parties. Applying BCT to the realm of SCF improves performance by enhancing the transparency and security of all financial transactions. Although blockchain-based supply chain finance represents an emergent avenue for improving supply chain performance, its long-term efficacy depends on the alignment with trust and information security. A conceptual framework is developed based on the Resource-Based View theory (RBV) to underpin the role of BCT application in the SCF to improve the supply chain performance. In addition, this paper investigates how BCT's trust and information security features can enhance traditional SCFe practices and ultimately contribute positively to overall supply chain performance. This study contributes to the body of knowledge by addressing the underexamined nexus in current literature. Extending existing literature, novel determinants are introduced that may influence supply chain performance, offering both theoretical enrichment and practical contributions.
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