Despite numerous use cases, enterprise-wide implementations of blockchains have seen limited success. This raises the question of when do firms adopt blockchains and do blockchains benefit supply chains. To answer this, we examine a dyadic supply chain consisting of a buyer and a supplier and analyze their traceability effort and pricing decisions. Our results show that the demand-side, supply-side and reputational factors influencing blockchain adoption are primarily complementary and in the absence of one of them, firms can still adopt blockchain. Furthermore, even in the absence of individual benefits for a supply chain partner, there exist conditions under which blockchain adoption benefits the supply chain that can incentivize players to join blockchain. Overall, we contribute by offering a framework that supply chain players can use to assess the likelihood of blockchain implementation success or failure and address the challenges pertaining to incentives and cost imbalances in blockchain implementation.

中文翻译：

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区块链实现可追溯性 — 对供应链中的定价和可追溯性工作决策的分析


尽管有许多用例，但区块链的企业级实施取得了有限的成功。这就提出了一个问题，即公司何时采用区块链，区块链是否有利于供应链。为了回答这个问题，我们研究了由买方和供应商组成的二元供应链，并分析了他们的可追溯性工作和定价决策。我们的结果表明，影响区块链采用的需求方、供应方和声誉因素主要是互补的，在没有其中一个因素的情况下，公司仍然可以采用区块链。此外，即使供应链合作伙伴没有个人利益，也存在区块链采用有利于供应链的条件，从而激励参与者加入区块链。总体而言，我们通过提供一个框架来做出贡献，供应链参与者可以使用它来评估区块链实施成功或失败的可能性，并解决与区块链实施中的激励和成本失衡相关的挑战。