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(How) Can Blockchain Contribute to the Management of Systemic Risks in Global Supply Networks?

Title data

Fridgen, Gilbert ; Körner, Marc-Fabian ; Sedlmeir, Johannes ; Weibelzahl, Martin:
(How) Can Blockchain Contribute to the Management of Systemic Risks in Global Supply Networks?
2019
Event: 14. Internationale Tagung Wirtschaftsinformatik , 24.02.2019 , Siegen.
(Conference item: Conference , Paper )

Official URL: Volltext

Abstract in another language

Even though globalization has led to larger, faster, and more efficient supply chains, at the same time the new worldwide interconnection has also resulted in major challenges with respect to hidden systemic risks. In particular, there is a lack of a holistic perspective on the entire supply network. This missing global view prohibits the anamnesis and management of underlying risks. Against this backdrop, in this paper we discuss the potential contributions of Blockchain technology to systemic risk management in global supply chains and networks. Given the increasing number of recent initiatives of businesses in the context of Blockchain, we argue that Blockchain technology can lower the hurdle for the use of secure multiparty computation. Ultimately, it may be possible to implement a corresponding monitoring mechanism for systemic risks without (i) the need of a central authority and (ii) revealing competition relevant, confidential information to other supply network participants.

Further data

Item Type: Conference item (Paper)
Refereed: Yes
Keywords: Systemic Risks; Supply Networks; Blockchain; Secure Multiparty Computation
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Professorship Business Informations Systems and sustainable IT management > Professorship Business Informations Systems and sustainable IT management- Univ.-Prof. Dr. Gilbert Fridgen
Research Institutions
Research Institutions > Affiliated Institutes
Research Institutions > Affiliated Institutes > Fraunhofer Project Group Business and Information Systems Engineering
Research Institutions > Affiliated Institutes > FIM Research Center Finance & Information Management
Result of work at the UBT: Yes
DDC Subjects: 000 Computer Science, information, general works > 004 Computer science
300 Social sciences > 330 Economics
Date Deposited: 20 Aug 2019 09:48
Last Modified: 20 Aug 2019 09:48
URI: https://eref.uni-bayreuth.de/id/eprint/51932