Blockchain in Supply Chains and Logistics: Trends in Development

Supply chains and logistics play an essential role in society and must continuously adapt to market changes, customer needs and technological developments, including emerging technologies such as blockchain (BC) and smart contracts. This study reviews current literature in the supply chain and logistics field to investigate emerging trends in BC developments. The results reveal several trends, such as process and flow development, the streamlining of cross-border transactions and the use of smart sensors in logistics. This paper highlights drivers of BC developments, including costs, security, data traceability, trust and transparency. As well as revealing knowledge gaps in research and practice, this study contributes to an increased understanding of the trends in BC developments within the area of supply chains and logistics.