The Influence of Block Chain-Enabled Supply Chain Systems on Transaction Transparency in Multinational Corporations in Canada
DOI:
https://doi.org/10.47941/ijce.2841Keywords:
Supply Chain Systems, Transaction Transparency, Multinational CorporationsAbstract
Purpose: The purpose of this article was to influence of block chain-enabled supply chain systems on transaction transparency in multinational corporations in Canada.
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: Blockchain-enabled supply chain systems have improved transaction transparency in Canadian multinationals by providing secure, real-time records that reduce errors and fraud. Companies report better traceability and trust, though high costs and technical challenges still limit wider adoption. Overall, blockchain has a strong positive impact on supply chain transparency.
Unique Contribution to Theory, Practice and Policy: Transaction cost theory (TCT), resource-based view (RBV) & technology-organization-environment (TOE) may be used to anchor future studies on the influence of block chain-enabled supply chain systems on transaction transparency in multinational corporations in Canada. Mental health support is not just a wellness initiative it is a strategic retention tool. At the policy level, this study supports the integration of mental health standards into labor and occupational health regulations within the healthcare sector.
Downloads
References
Abeyratne, S. A., & Monfared, R. P. (2018). Blockchain ready manufacturing supply chain using distributed ledger. International Journal of Research in Engineering and Technology, 7(6), 1–10.
Casino, F., Dasaklis, T. K., & Patsakis, C. (2019). A systematic literature review of blockchain-based applications: Current status, classification and open issues. Telematics and Informatics, 36, 55–81. https://doi.org/10.1016/j.tele.2018.11.006
Clohessy, T., & Acton, T. (2019). Investigating the influence of organizational factors on blockchain adoption in supply chains. Industrial Management & Data Systems, 119(7), 1457–1491. https://doi.org/10.1108/IMDS-08-2018-0365
Francisco, K., & Swanson, D. (2018). The supply chain has no clothes: Technology adoption of blockchain for supply chain transparency. Logistics, 2(1), 2. https://doi.org/10.3390/logistics2010002
Francisco, K., & Swanson, D. (2018). The supply chain has no clothes: Technology adoption of blockchain for supply chain transparency. Logistics, 2(1), 2.
Francisco, K., & Swanson, D. (2018). The supply chain has no clothes: Technology adoption of blockchain for supply chain transparency. Logistics, 2(1), 2. https://doi.org/10.3390/logistics2010002
Kim, H. M., & Laskowski, M. (2018). Toward an ontology-driven blockchain design for supply-chain provenance. Intelligent Systems in Accounting, Finance and Management, 25(1), 18–27.
Kouhizadeh, M., Saberi, S., & Sarkis, J. (2021). Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers. International Journal of Production Economics, 231, 107831. https://doi.org/10.1016/j.ijpe.2020.107831
Kshetri, N. (2018). 1 The Emerging Role of Big Data in Key Development Issues: Opportunities, Challenges, and Concerns. Big Data for Development, 1–17. https://doi.org/10.1007/978-3-319-95515-7_1
Min, H. (2019). Blockchain technology for enhancing supply chain resilience. Business Horizons, 62(1), 35–45.
Queiroz, M. M., & Wamba, S. F. (2019). Blockchain adoption challenges in supply chain: An empirical investigation of the main drivers in India and the USA. International Journal of Information Management, 46, 70–82. https://doi.org/10.1016/j.ijinfomgt.2018.11.021
Queiroz, M. M., & Wamba, S. F. (2019). Blockchain adoption challenges in supply chain: An empirical investigation of the main drivers in India and the USA. International Journal of Information Management, 46, 70–82.
Saberi, S., Kouhizadeh, M., Sarkis, J., & Shen, L. (2019). Blockchain technology and its relationships to sustainable supply chain management. International Journal of Production Research, 57(7), 2117–2135.
Saberi, S., Kouhizadeh, M., Sarkis, J., & Shen, L. (2019). Blockchain technology and its relationships to sustainable supply chain management. International Journal of Production Research, 57(7), 2117–2135. https://doi.org/10.1080/00207543.2018.1533261
Zhu, X., & Zhou, W. (2019). Analysis and outlook of applications of blockchain technology to equity crowdfunding in China. Financial Innovation, 5(1), 1–12.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Michael Thompson
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
