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

Fridgen, Gilbert; Körner, Marc-Fabian; Sedlmeir, Johannes; Weibelzahl, Martin

Download

Paper published in a book (Scientific congresses, symposiums and conference proceedings)

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

Fridgen, Gilbert; Körner, Marc-Fabian; Sedlmeir, Johannes et al.

2019 • In 14. Internationale Tagung Wirtschaftsinformatik

Peer reviewed

Permalink
https://hdl.handle.net/10993/44500

Files (1)Send to Details Statistics Bibliography Similar publications

Files

Full Text

How can a Blockchain Contribute to the Management of Systematic Risks.pdf

Publisher postprint (819.3 kB)

Download

All documents in ORBilu are protected by a user license.

Send to

RIS BibTex APA Chicago Permalink X Linkedin

Details

Keywords :

Systemic Risks; Supply Networks; Blockchain; Secure Multiparty Computation

Abstract :

[en] 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.

Disciplines :

Computer science

Author, co-author :

Fridgen, Gilbert ; University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT)

Körner, Marc-Fabian

Sedlmeir, Johannes

Weibelzahl, Martin

External co-authors :

yes

Language :

English

Title :

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

Publication date :

2019

Event name :

14th International Conference on Business Informatics

Event date :

24-02-2019

Main work title :

14. Internationale Tagung Wirtschaftsinformatik

Peer reviewed :

Peer reviewed

Additional URL :

https://eref.uni-bayreuth.de/51932/

Available on ORBilu :

since 22 October 2020

Statistics

Number of views

164 (7 by Unilu)

Number of downloads

76 (2 by Unilu)

More statistics

Scopus citations^®

Scopus citations^®
without self-citations

Bibliography

Manuj, I., Mentzer, J.T.: Global Supply Chain Risk Management. Journal of Business Logistics 29, 133–155 (2008)
Mertens, P., Barbian, D.: Die Wirtschaftsinformatik der Zukunft–auch eine Wissenschaft der Netze? HMD Praxis der Wirtschaftsinformatik 51, 729–743 (2014)
Buhl, H.U., Penzel, H.-G.: The Chance and Risk of Global Interdependent Networks. Business & Information Systems Engineering 2, 333–336 (2010)
Fridgen, G., Stepanek, C., Wolf, T.: Investigation of exogenous shocks in complex supply networks – a modular Petri Net approach. International Journal of Production Research 53, 1387–1408 (2015)
Mertens, P., Barbian, D.: Researching “Grand Challenges”. Business & Information Systems Engineering 57, 391–403 (2015)
Haraguchi, M., Lall, U.: Flood risks and impacts: A case study of Thailand’s floods in 2011 and research questions for supply chain decision making. International Journal of Disaster Risk Reduction 14, 256–272 (2015)
Abe, S.: Impact of the Great Thai Floods on the International Supply Chain. Malaysian Journal of Economic Studies 51, 147–155 (2017)
Chongvilaivan, A.: Thailand's 2011 flooding: Its impact on direct exports and global supply chains (2012)
Helbing, D.: Globally networked risks and how to respond. Nature 497, 51 (2013)
Little, R.G.: Controlling cascading failure: Understanding the vulnerabilities of interconnected infrastructures. Journal of Urban Technology 9, 109–123 (2002)
Watts, D.J.: A simple model of global cascades on random networks. Proceedings of the National Academy of Sciences 99, 5766–5771 (2002)
Lorenz, J., Battiston, S., Schweitzer, F.: Systemic risk in a unifying framework for cascading processes on networks. The European Physical Journal B 71, 441 (2009)
Buldyrev, S.V., Parshani, R., Paul, G., Stanley, H.E., Havlin, S.: Catastrophic cascade of failures in interdependent networks. Nature 464, 1025 (2010)
Nakamoto, S.: Bitcoin: A peer-to-peer electronic cash system (2008)
Schweizer, A., Schlatt, V., Urbach, N., Fridgen, G.: Unchaining Social Businesses – Blockchain as the Basic Technology of a Crowdlending Platform. ICIS 2017 Proceedings (2017)
Fridgen, G., Radszuwill, S., Urbach, N., Utz, L.: Cross-Organizational Workflow Management Using Blockchain Technology - Towards Applicability, Auditability, and Automation. Hawaii International Conference on System Sciences 2018 (HICSS-51) (2018)
Ferdinando M. Ametrano: Bitcoin, Blockchain, and Distributed Ledgers: Between Hype and Reality. SSRN (2016)
Peter H, M.A.: Blockchain-applications in banking & payment transactions: Results of a survey. European financial systems 2017: Proceedings of the 14th International scientific conference, 141–149
Davidson, S., Filippi, P. de, Potts, J.: Disrupting Governance: The New Institutional Economics of Distributed Ledger Technology. SSRN (2016)
Beck, R., Müller-Bloch, C.: Blockchain as radical innovation: a framework for engaging with distributed ledgers as incumbent organization (2017)
Mylrea, M., Gourisetti, S.N.G.: Blockchain for smart grid resilience: Exchanging distributed energy at speed, scale and security. In: Proceedings 2017 Resilience Week (RWS). Chase Center on the Riverfront/Wilmington, DE, Wilmington, DE, 18-22 September 2017, pp. 18–23. IEEE, Piscataway, NJ (2017)
Korpela, K., Hallikas, J., Dahlberg, T.: Digital Supply Chain Transformation toward Blockchain Integration. Hawaii International Conference on System Sciences 2017 (HICSS-50) (2017)
Tian, F.: An agri-food supply chain traceability system for China based on RFID & block-chain technology. In: Yang, B. (ed.) 2016 13th International Conference on Service Systems and Service Management (ICSSSM), pp. 1–6. IEEE, Piscataway, NJ (2016)
Nærland, K., Müller-Bloch, C., Beck, R., Palmund, S.: Blockchain to Rule the Waves - Nascent Design Principles for Reducing Risk and Uncertainty in Decentralized Environments. ICIS 2017 Proceedings (2017)
Kamath, R.: Food Traceability on Blockchain: Walmart’s Pork and Mango Pilots with IBM. The JBBA 1, 3712 (2018)
Hackius, N., Petersen, M.: Blockchain in logistics and supply chain: trick or treat? Proceedings of the Hamburg International Conference of Logistics (HICL), 23 (2017)
Schneier, B.: Applied Cryptography. Protocols, Algorithms and Source Code in C. John Wiley & Sons Incorporated, New York (2015)
Newman, M.: Networks: An Introduction. Oxford University Press, Oxford (2010)
Kim, Y., Choi, T.Y., Yan, T., Dooley, K.: Structural investigation of supply networks: A social network analysis approach Journal of Operations Management, 194–211 (2011)
Zare-Garizy, T., Fridgen, G., Wederhake, L.: A Privacy Preserving Approach to Collaborative Systemic Risk Identification: The Use-Case of Supply Chain Networks. Security and Communication Networks (2018)
Benhamouda, F., Halevi, S., Halevi, T.: Supporting Private Data on Hyperledger Fabric with Secure Multiparty Computation. 2018 IEEE International Conference on Cloud Engineering (IC2E), 357–363 (2018)