A decision support framework for best-fitting blockchain platform selection in sustainable supply chains under uncertainty

• Proposing a decision support framework to leverage sustainable blockchain practices. • Exploring evaluation criteria using technology-organization-environment theory. • Analyzing a trade-off between the blockchain features and adoption requirements. • Exploring relationships among criteria using the advanced cognitive map modeling. • Developing the Z-number inference system for more reliable decision-making. Despite blockchain’s potential to enhance visibility and traceability in sustainable supply chains (SCs), its adoption is complex due to the various criteria (e.g., interoperability and cost) required for the best-fitting platform selection. This study aims to investigate conflicting criteria in the blockchain technology (BT) platform selection process for decision-making under uncertainty. We propose a three-phase decision support framework to study BT adoption considering technological, organizational, and environmental contexts. In the first phase, after exploring the evaluation criteria from multiple contexts, the developed framework incorporates uncertainty and reliability to deal with the BT platform evaluation problem. Then, fuzzy cognitive map modeling, advanced by a Z-number-based inference system, is introduced to model the causal relationships between criteria. This is followed by implementing a hybrid learning algorithm to assess the impact of each criterion on adoption decisions. Finally, the fuzzy combined compromise solution embedded in the framework prioritizes BT platforms to identify the most suitable ones for sustainable SC. The findings imply that performance efficiency, implementation costs, maintainability and operability can significantly affect the BT platform selection decisions. The outcomes offer more stable, reliable, and distinguishable solutions for the proposed problem compared to the traditional approaches. The results introduce Hyperledger and R3 Corda as the best-fitting platforms for adoption based on the identified criteria.

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Institutions

Publication Details

Journal
Computers & Industrial Engineering
Published
2024-09-14
DOI
https://doi.org/10.1016/j.cie.2024.110577
Citations
7
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
5.45

Funders

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article

A decision support framework for best-fitting blockchain platform selection in sustainable supply chains under uncertainty

Babak Mohamadpour Tosarkani, Samuel Yousefı
7 citations
Computers & Industrial Engineering
Blockchain Technology Applications and Security
5.45
article

A decision support framework for best-fitting blockchain platform selection in sustainable supply chains under uncertainty

Babak Mohamadpour Tosarkani, Samuel Yousefı
article en
7 citations

Abstract

• Proposing a decision support framework to leverage sustainable blockchain practices. • Exploring evaluation criteria using technology-organization-environment theory. • Analyzing a trade-off between the blockchain features and adoption requirements. • Exploring relationships among criteria using the advanced cognitive map modeling. • Developing the Z-number inference system for more reliable decision-making. Despite blockchain’s potential to enhance visibility and traceability in sustainable supply chains (SCs), its adoption is complex due to the various criteria (e.g., interoperability and cost) required for the best-fitting platform selection. This study aims to investigate conflicting criteria in the blockchain technology (BT) platform selection process for decision-making under uncertainty. We propose a three-phase decision support framework to study BT adoption considering technological, organizational, and environmental contexts. In the first phase, after exploring the evaluation criteria from multiple contexts, the developed framework incorporates uncertainty and reliability to deal with the BT platform evaluation problem. Then, fuzzy cognitive map modeling, advanced by a Z-number-based inference system, is introduced to model the causal relationships between criteria. This is followed by implementing a hybrid learning algorithm to assess the impact of each criterion on adoption decisions. Finally, the fuzzy combined compromise solution embedded in the framework prioritizes BT platforms to identify the most suitable ones for sustainable SC. The findings imply that performance efficiency, implementation costs, maintainability and operability can significantly affect the BT platform selection decisions. The outcomes offer more stable, reliable, and distinguishable solutions for the proposed problem compared to the traditional approaches. The results introduce Hyperledger and R3 Corda as the best-fitting platforms for adoption based on the identified criteria.

Computers & Industrial EngineeringVol. 197
University of British Columbia (CA), University of British Columbia, Okanagan Campus (CA), Okanagan University College (CA)
Natural Sciences and Engineering Research Council of Canada
Responsible consumption and production
Openalex Percentile: Top 4%
Blockchain Technology Applications and Security
5.45
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