Blockchain Adoption in Enabling Disruptive Supply Chain Finance Innovation: Toward a Research Agenda
Tianyu Zhang, Fu Jia, Lujie Chen · IEEE Transactions on Engineering Management · 2025
The objective of this study is to conduct a systematic literature review (SLR) to investigate the factors influencing blockchain technology (BCT) adoption in supply chain finance (SCF), its barriers, outcomes, and BCT-enabled SCF innovations. By analysing 62 academic papers published between 2008 and 2024, this review addresses the research questions: What are the antecedents, barriers and outcomes of BCT adoption in SCF? and How do BCT technologies facilitate the SCF innovation? The analysis identifies two primary antecedents—stakeholder demands and external environmental changes—and categorizes barriers into technological, organizational, and environmental dimensions. Key outcomes include operational improvements and enhanced risk control, while two types of BCT-enabled innovations (product and business model) are highlighted. A conceptual framework is proposed to advance understanding of BCT adoption in SCF. This study provides insights into engineering management studies on BCT adoption and guides researchers in avoiding redundant investigations and addressing gaps for further exploration.