Perspectives of Stakeholders on the Application of Blockchain Technology in Halal Supply Chain in Malaysia
Blockchain (BC) technology has been introduced to the Halal food supply chain (HSC) in Malaysia in order to certify the Halal status of food products. This study uses a qualitative research approach to investigate the perspectives of stakeholders involved in HSC on the use of BC in the HSC in Malaysia, using semi-structured, one-to-one interviews. Five in-depth interviews revealed a range of interrelated themes, including the level of awareness of BC technology among participants, their vivid articulations of the perceived advantages and disadvantages of this transformative technology within the unique context of Halal supply chains in Malaysia and the challenges that exert their impact on Blockchain's course within this ecosystem, in addition to the perceived success factors, revealing that there is lack of awareness on Blockchain technology among stakeholders, excluding technology providers. Identified challenges span technological, legal, inter-organizational, security, safety, and financial domains. Conversely, success factors encompass heightened awareness, trust-building, financial backing, and regulatory alignment.
Authors
- Mira Kartiwi (ORCID: https://orcid.org/0000-0002-3686-3575)
- Mohamed O. Elfarnawani
Publication Details
- Journal
- Global Academic Journal of Economics and Business
- Published
- 2024-08-19
- DOI
- https://doi.org/10.36348/gajeb.2024.v06i04.003
- Citations
- 2
- Primary Topic
- Halal products and consumer behavior
- Type
- article
- Field-Weighted Citation Impact
- 2.26