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The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm
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Blockchain as the "trust-building machine" for supply chain management
Kongmanas Yavaprabhas1, Mehrdokht Pournader1, Stefan Seuring2
1Department of Management and Marketing, The University of Melbourne, Level 10, The Spot, 198 Berkeley Street, Melbourne, VIC 3010 Australia.
Annals of Operations Research
|August 15, 2022
Summary
Blockchain enhances trust in supply chains by improving cognition-based and institution-based trust. It facilitates trust-building between partners, though affect-based trust remains unaffected. Models show blockchain
Area of Science:
- Supply Chain Management
- Information Systems
- Blockchain Technology
Background:
- Trust is crucial for supply chain operations.
- Blockchain technology offers potential for enhancing transparency and security.
- Existing literature presents conflicting views on blockchain's impact on trust.
Purpose of the Study:
- To investigate the impact of blockchain on trust levels within supply chains.
- To analyze trust from trustor-trustee, forms, and time orientation perspectives.
- To reconcile differing scholarly assertions regarding blockchain and supply chain trust.
Main Methods:
- Systematic literature review.
- Development of blockchain-entrusted supply chain models.
- Analysis of trust dimensions: trustor-trustee, forms, and time orientation.
Main Results:
- Identified three trustor-trustee pairs in blockchain implementation: user-blockchain, partner-partner, and consumer-supply chain unit.
- Blockchain enhances cognition-based and institution-based trust, with limited direct impact on affect-based trust.
- Blockchain can accelerate trust-building between unknown supply chain partners under specific conditions.
Conclusions:
- Blockchain technology can foster trust in supply chains through enhanced cognitive and institutional mechanisms.
- The study proposes models to illustrate trust development and diffusion via blockchain.
- Further research is needed to fully understand the nuanced effects of blockchain on interorganizational trust.
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