A paradigm of blockchain and supply chain performance: a mediated model using structural equation modeling

Abstract

Purpose This paper aims to find the impact of blockchain supply chain on supply chain performance with a mediating role of supplier trust, traceability and transparency. Design/methodology/approach Data was collected using the purposive sampling technique on a five-point Likert scale from 150 respondents. For data analysis, IBM SPSS and Smart PLS 3.3.7 were used to test the hypotheses by evaluating the structural equation modeling. Findings The blockchain supply chain found a significant effect on supply chain performance. Moreover, there is a substantial effect of the blockchain supply chain on supply chain performance via mediators, including supplier trust, supply chain traceability and supply chain transparency. Further, the mediation type of all mediators was full mediation in the relationships between blockchain supply chain and supply chain performance. Research limitations/implications The research findings are helpful for industrialists, supply chain practitioners and policymakers. The practitioners can adopt blockchain technology to enhance inter-organizational collaboration, develop trust, data visibility and traceability, and critical decisions, ultimately bringing sustainable growth for the firm. Originality/value The outcomes of this research enrich the literature and share the impact of one of the most trending technologies in the supply chain perspective. Future research can empirically test the relationship between blockchain and supply chain sustainability.