Blockchain Technology Application Challenges in Renewable Energy Supply Chain Management
Almutairi K. Hosseini Dehshiri S.J. Hosseini Dehshiri S.S. Hoa A.X. Arockia Dhanraj J. Mostafaeipour A. Issakhov A. Techato K.
June 2023Springer Science and Business Media Deutschland GmbH
Environmental Science and Pollution Research
2023#30Issue 2872041 - 72058 pp.
With the advent of new technologies and globalization of business, supply chains have turned into indispensable tools for gaining competitive advantage. The application of new technologies like blockchain can benefit sustainable energy supply chains by improving chain and logistics operations in the areas of trust, transparency and accountability, cooperation, information sharing, financial exchanges, and supply chain integration. However, the efforts to adopt such technologies in supply chains tend to face many challenges and challenges, which can seriously threaten their success. Therefore, it is crucial to carefully examine the challenges to blockchain technology application. This research focuses on identifying the criteria and challenges to the application of blockchain in renewable energy supply chains and also ranks the identified challenges in terms of their capacity to disrupt the process. The applicability of the suggested structure is examined in a case study of the renewable energy supply chain of Iran. In this study, the challenges are evaluated and ranked by the hybrid developed methods by the integration of the concept of gray numbers into the gray stepwise weight assessment ratio analysis (SWARA-Gray) and the gray evaluation based on distance from average solution (EDAS-Gray). Another group of hybrid methods including the gray weighted sum method (WSM-Gray), the gray complex proportional assessment (COPRAS-Gray), and the gray technique for order of preference by similarity to ideal solution (TOPSIS-Gray) is used to validate the results. The rankings obtained from all of these techniques show high degree of correlation. Among the identified challenges, “high investment cost” is found to be the most important challenge to the application of blockchain in sustainable energy supply chains.
Blockchain , Challenges , Ranking , Renewable energy , Supply chain management
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Applied College, Mechanical Engineering Technology, University of Hafr Al Batin, Hafr Al Batin, Saudi Arabia
Department of Industrial Management, Faculty of Management and Accounting, Allameh Tabataba’i University, Tehran, Iran
Department of Mechanical Engineering, Sharif University of Technology, Tehran, Iran
Faculty of Economics, Tay Nguyen University, Dak Lak province, Buon Ma Thuot city, Viet Nam
Centre for Automation and Robotics (ANRO), Department of Mechanical Engineering, Hindustan Institute of Technology and Science, Padur, Chennai, 603103, India
Industrial Engineering Department, Yazd University, Yazd, Iran
Environmental Assessment and Technology for Hazardous Waste Management Research Center, Faculty of Environmental Management, Prince of Songkla University, Hat Yai, Songkhla, 90110, Thailand
Faculty of Environmental Management, Prince of Songkla University, Hat Yai, Songkhla, 90112, Thailand
Faculty of Mechanics and Mathematics, Department of Mathematical and Computer Modelling, Al-Farabi Kazakh National University, Almaty, 050040, Kazakhstan
Department of Mathematics and Cybernetics, Kazakh-British Technical University, Almaty, 50000, Kazakhstan
Applied College
Department of Industrial Management
Department of Mechanical Engineering
Faculty of Economics
Centre for Automation and Robotics (ANRO)
Industrial Engineering Department
Environmental Assessment and Technology for Hazardous Waste Management Research Center
Faculty of Environmental Management
Faculty of Mechanics and Mathematics
Department of Mathematics and Cybernetics
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