Shared Supply Chain: Strategy Selection and Optimization for Blockchain Technology Implementation Methods

Upon the arrival of the sharing consumption model, guaranteeing the authenticity of products and the transparency of transactions has emerged as fundamental challenges hindering the industry's progression.This paper explores the selection and optimization of blockchain technology implementation methods within the shared supply chain.Through a comparative analysis of nonblockchain, private blockchain, and distributed application models, our findings reveal that distributed application generates higher profits when consumers exhibit high sensitivity to blockchain performance and when such performance adheres to specific standards.Conversely, the private blockchain is more suited to customized requirements.Blockchain technology not only increases prices and transparency but also enhances consumer trust, particularly within the distributed application framework.Performance plays a crucial role in decision-making, with the private blockchain relying on corporate investment for optimization and distributed application being constrained by the limitations of the public chain.Based on these findings, it is recommended that enterprises adopt a flexible approach in selecting the most appropriate mode according to their unique needs.Additionally, they should prioritize technological innovation, strive to improve blockchain performance, consider fostering consumer trust, and promote collaborative development throughout the supply chain.These strategies will collectively contribute to the healthy and sustainable growth of the industry.