A Sustainable Supply Chain-Centric Framework for Blockchain-Driven Financial Optimization using QFD and BWM
摘要
This paper studies blockchain technology’s implications in the field of Supply Chain Finance (SCF). It specifically looks at the dynamic interaction between the technical characteristics of blockchain technology and the vital needs of SCF. The approach taken here offers a complex perspective of this interaction by combining the Best-Worst Method (BWM) with Quality Function Deployment (QFD). A comprehensive literature study produced a thorough list of 10 Blockchain Technical Requirements and 19 SCF-related Customer Requirements. The results underline the technical qualities of blockchain with major consequences for SCF. These features consist of strong data management, real-time update and syncing capabilities, high transaction scalability, and safe cryptographic algorithms. Conversely, the SCF criteria that most caught out in significance were financial risk reduction, financial transaction lead time reduction, liquidity improvement, and trust. A new framework is suggested based upon these results that stress these elements and supports the effective use of blockchain in SCF. The theoretical and mathematical modeling-based approach of this work invites more empirical research to better understand the benefits and challenges of implementing blockchain. By highlighting areas where technology can have a major influence, it provides sectors a systematic roadmap for evaluating the use of blockchain in SCF. By means of the creative methodological approach used, it provides a complete knowledge of the major needs from the viewpoints of blockchain technology and SCF.