| dc.description.abstract | The world is evolving and moving forward with Industrial 4.0 and its implications such as
blockchain technology. However, its application in Sri Lanka is still at an infant stage. The
study aims to compare the blockchain implementation in logistics and supply chain oper-
ations in order to find out the opportunities, challenges, similarities, and contradictions.
Most importantly, the study identifies the opinions, suggestions, and estimations from
relevant industry professionals. In-depth interviews were conducted with seven industry
professionals in logistics and supply chain management using the simple random sampling
method. Discourse analysis is used to find out the similarities, contradictions and special
points which were pinpointed by the industry professionals. The study suggests the
opportunities for new business models, creating leading solutions for end customers,
generating solutions that are hard to imitate by a third party, decreased cost through the
interconnected system, ability to increase quality and traceability and reduction of docu-
mentations and administration in an organization. As challenges, the study highlights the
capital requirement in implementation, negativities of standardization, losing the direct
value creation of the end customer and losing the organization’s flexibility. In conclusion,
the study compares the opportunities and challenges of implementing blockchain using
the input of logistics and supply chain management professionals | en_US |
