Impact tokenization and innovative financial models for responsible agrifood supply chains

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Author :
Publisher : Food & Agriculture Org.
ISBN 13 : 9251350590
Total Pages : 90 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis Impact tokenization and innovative financial models for responsible agrifood supply chains by : Food and Agriculture Organization of the United Nations

Download or read book Impact tokenization and innovative financial models for responsible agrifood supply chains written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-10-15 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a comprehensive summary and analysis on how impact tokenization and innovative financial models can promote responsible agri-food supply chains. Recent advances in the development of impact tokenization techniques, distributed ledger technology, and innovative financial models have created new opportunities to improve transparency, verification, and incentive alignment across multiple stakeholders in agri-food supply chains. This report outlines those opportunities and describes how practitioners and policymakers can implement enhanced methods for efficiently defining and verifying impact in agri-food supply chains. The report concludes with an analysis of the most promising financial models for promoting responsible agri-food supply chains.

FAO publications catalogue 2022

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Publisher : Food & Agriculture Org.
ISBN 13 : 9251359628
Total Pages : 132 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis FAO publications catalogue 2022 by : Food and Agriculture Organization of the United Nations

Download or read book FAO publications catalogue 2022 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2022-04-05 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This catalogue aims to improve the dissemination and outreach of FAO’s knowledge products and overall publishing programme. By providing information on its key publications in every area of FAO’s work, and catering to a range of audiences, it thereby contributes to all organizational outcomes. From statistical analysis to specialized manuals to children’s books, FAO publications cater to a diverse range of audiences. This catalogue presents a selection of FAO’s main publications, produced in 2021 or earlier, ranging from its global reports and general interest publications to numerous specialized titles. In addition to the major themes of agriculture, forestry and fisheries, it also includes thematic sections on climate change, economic and social development, and food safety and nutrition

Scaling up inclusive innovations in agrifood chains in Asia and the Pacific

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Author :
Publisher : Food & Agriculture Org.
ISBN 13 : 9251356297
Total Pages : 220 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis Scaling up inclusive innovations in agrifood chains in Asia and the Pacific by : Gálvez, E.

Download or read book Scaling up inclusive innovations in agrifood chains in Asia and the Pacific written by Gálvez, E. and published by Food & Agriculture Org.. This book was released on 2022-06-21 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The publication looks at innovations happening at all stages of the food value chain: from production to manufacturing and retailing. This also includes the extended value chain, for example input supply, financial services and agribusiness support services. Yields are improving and primary production is becoming more resilient as a result of digital technologies such as precision agriculture, agricultural drones, and digital farming services and marketplaces; and novel business models such as plant factories, crowdsourcing for farmers. Data and robotics help lift productivity and food safety in the manufacturing process. Online grocery commerce and food delivery services are revolutionizing the way consumers purchase food. Distributed ledger technology, such as blockchain, allows making payments and tracing back food products along the chain in order to increase transparency and trust. New business models are springing up to shorten the chain by removing or shifting stages and to make it fairer and greener, stimulated by enabling technologies and changing customer behaviours. Innovations such as these are discussed and illustrated by almost 200 practical examples from 21 countries in the Asia-Pacific region, across various types of firms and commodities. By observing emerging trends and providing concrete examples, the book discusses the nature of these innovations, how they are affecting food systems and value chains, positively or negatively, and how to deal with trade-offs. It concludes with a reflection on the impacts of these innovations, the policy solutions identified, and lessons learned to future-proof the region’s food systems, particularly in the wake of the COVID-19 pandemic.

Supply Chain Management for Sustainable Food Networks

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118937503
Total Pages : 336 pages
Book Rating : 4.1/5 (189 download)

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Book Synopsis Supply Chain Management for Sustainable Food Networks by : Eleftherios Iakovou

Download or read book Supply Chain Management for Sustainable Food Networks written by Eleftherios Iakovou and published by John Wiley & Sons. This book was released on 2016-03-22 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interdisciplinary framework for managing sustainable agrifood supply chains Supply Chain Management for Sustainable Food Networks provides an up-to-date and interdisciplinary framework for designing and operating sustainable supply chains for agri-food products. Focus is given to decision-making procedures and methodologies enabling policy-makers, managers and practitioners to design and manage effectively sustainable agrifood supply chain networks. Authored by high profile researchers with global expertise in designing and operating sustainable supply chains in the agri-food industry, this book: Features the entire hierarchical decision-making process for managing sustainable agrifood supply chains. Covers knowledge-based farming, management of agricultural wastes, sustainability, green supply chain network design, safety, security and traceability, IT in agrifood supply chains, carbon footprint management, quality management, risk management and policy- making. Explores green supply chain management, sustainable knowledge-based farming, corporate social responsibility, environmental management and emerging trends in agri-food retail supply chain operations. Examines sustainable practices that are unique for agriculture as well as practices that already have been implemented in other industrial sectors such as green logistics and Corporate Social Responsibility (CSR). Supply Chain Management for Sustainable Food Networks provides a useful resource for researchers, practitioners, policy-makers, regulators and C-level executives that deal with strategic decision-making. Post-graduate students in the field of agriculture sciences, engineering, operations management, logistics and supply chain management will also benefit from this book.

Agricultural Supply Chains and Industry 4.0

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Author :
Publisher : Springer Nature
ISBN 13 : 303072770X
Total Pages : 101 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Agricultural Supply Chains and Industry 4.0 by : Stella Despoudi

Download or read book Agricultural Supply Chains and Industry 4.0 written by Stella Despoudi and published by Springer Nature. This book was released on 2021-07-02 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the impact of industry 4.0 on agricultural supply chains, exploring how changes such as increased digitisation, automation, and the digital value chain, will impact food production globally. At a time when increasing population and environmental degradation puts stress on food supply chains, traditional farming operation models struggle to maintain both sustainability and transparency. Industry 4.0 could lead to digitalised ways of farming and agricultural production processes that will transform the traditional operating and process models to digital, data-intensive methods focusing on analytics and decision-making practices. This book aims to provider the reader with an understanding of the concept of Agriculture 4.0 in relation to supply chain management. Different applications of Agricultural 4.0 supply chains are discussed in relation to their respective advantages and disadvantages. Dr. Stella Despoudi is Lecturer in Operations and Supply Chan Management at Aston University and Adjunct Lecturer in Supply Chain Management at the University of Western Macedonia, Greece. Dr. Konstantina Spanaki is a Lecturer in Information Management at Loughborough University, UK. Dr. Oscar Rodríguez-Espíndola is a Senior lecturer in Operations and Supply Chain Management at Aston University and a member of the Aston CRISIS centre, UK. Dr. Efpraxia Zamani is a Senior Lecturer of Information Systems at the University of Sheffield, UK.

Financial services and logistics innovation within agri-food value chains: A conceptual framework

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4./5 ( download)

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Book Synopsis Financial services and logistics innovation within agri-food value chains: A conceptual framework by : Ambler, Kate

Download or read book Financial services and logistics innovation within agri-food value chains: A conceptual framework written by Ambler, Kate and published by Intl Food Policy Res Inst. This book was released on 2023-01-03 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance and logistics services for agricultural value chains based on technological innovations exist in several LMICs, but they are not often extended to small holders or SMEs working in the agricultural midstream. We consider the constraints to adoption of those services faced by smallholders or SMEs. Finance and logistics improvements hold promise for increased employment, but research is needed to understand where employment gains are most likely. All value chain innovations must carefully consider possible equity-efficiency tradeoffs to ensure change does not negatively affect poor and vulnerable populations.

Intelligent Agrifood Chains and Networks

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Publisher : John Wiley & Sons
ISBN 13 : 1444339885
Total Pages : 313 pages
Book Rating : 4.4/5 (443 download)

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Book Synopsis Intelligent Agrifood Chains and Networks by : Michael A. Bourlakis

Download or read book Intelligent Agrifood Chains and Networks written by Michael A. Bourlakis and published by John Wiley & Sons. This book was released on 2011-02-25 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food has a fundamental position in society, ensuring health, happiness and political stability. Consequently, the management of food chains and networks is one of the most important aspects of the modern food industry. Yet food is difficult to handle along long supply chains, with a limited window for storage and handling time, and the risk of spoiling if incorrectly handled or processed. These issues can lead to logistical problems that can severely affect product quality and freshness. Intelligent Agrifood Chains and Networks offers a timely discussion of the current state of food logistics, and indicates the major ICT problems that can occur during production, warehousing, transportation and retailing. Emphasis is given to new technologies and intelligent systems that are able to process time-dependent information, handle emergencies, and support logistics operations in food management. In particular, the authors show how telematics and RFID can be implemented in the supply chain. The book also includes real-life case studies, in which actual food logistics problems and their solutions are presented, demonstrating how systemic and logistics approaches may be combined. The book is directed at academics, researchers, and students seeking the necessary background in terms of the interplay between the food supply chain and ICT. Its comprehensive review of current issues in the food supply chain will be of interest to managers and technicians working in the food industry, while its technological focus will be invaluable to food scientists and technologists working in research and industry environments.

Reorganization and Resilience of Food Supply Chains According to Current International Crisis Scenario

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Author :
Publisher : Frontiers Media SA
ISBN 13 : 2832539297
Total Pages : 164 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Reorganization and Resilience of Food Supply Chains According to Current International Crisis Scenario by : Gioacchino Pappalardo

Download or read book Reorganization and Resilience of Food Supply Chains According to Current International Crisis Scenario written by Gioacchino Pappalardo and published by Frontiers Media SA. This book was released on 2023-11-22 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current international scenario with the war in Ukraine will have potential impacts on agri-food systems across the world. This scenario will change the balance of power among actors in the agri-food sector. High margins of uncertainty are common across supply chains in the face of uncontrolled increases in raw material prices and an uncertain guarantee of supply. This uncertainty is compounded by rising energy prices, putting the entire agrifood supply chain, which is highly energy-intensive, in crisis. In addition, the current war scenario could impact the demand for agricultural and food products by changing consumers' purchasing habits. Increasing the resilience of agri-food systems may need to become a priority for many national economic systems. In this scenario, the routes to achieve resilient agrifood systems are numerous and include reducing agriculture's dependence on energy, energy-intensive imports and raw material imports. Resilience also requires diversified import sources and market outlets through sound multilateral and bilateral trade policy.

Supply Chain Management in African Agriculture

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Publisher : Springer Nature
ISBN 13 : 3030542092
Total Pages : 185 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Supply Chain Management in African Agriculture by : Abdul-Razak Alhassan

Download or read book Supply Chain Management in African Agriculture written by Abdul-Razak Alhassan and published by Springer Nature. This book was released on 2020-08-25 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines supply and value chains in African agriculture, providing both a thorough analysis of existing practices and practical business models for future development. It examines why Africa is a net importer of food, despite its vast agricultural potential, using the tomato value chain in Ghana as a case study. The book explores commodity value chain structures; commodity clusters, arenas, linkages and business models; systematic constraints within commodity value chains; and value chain profiling in practice among others. It would benefit policy makers, policy implementers, development practitioners, agri-entrepreneurs, researchers and all those who have interests in the transformation of African agriculture. It will also be an excellent reference material for students of agriculture management, agribusiness, agricultural economics, and rural development.

Financing Sustainable and Resilient Food Systems in Asia and the Pacific

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292691309
Total Pages : 73 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis Financing Sustainable and Resilient Food Systems in Asia and the Pacific by : Asian Development Bank

Download or read book Financing Sustainable and Resilient Food Systems in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-11-01 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: The coronavirus disease (COVID-19) pandemic has highlighted food security issues and nutrition gaps in Asia and the Pacific, where various risks and fragilities have continually affected the food and agriculture sector. There is a clear need to integrate sustainable management of natural resources, nutritional considerations, and the economic dimensions of food supply chains to enhance resilience and mitigate climate change. This publication explores how innovative financing and transformative knowledge solutions can help address the financing gaps and other challenges of food systems in the region.

Risks in Agricultural Supply Chains

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Publisher : University of Chicago Press
ISBN 13 : 0226829227
Total Pages : 285 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Risks in Agricultural Supply Chains by : Pol Antràs

Download or read book Risks in Agricultural Supply Chains written by Pol Antràs and published by University of Chicago Press. This book was released on 2023 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential guide to the role of microeconomic incentives, macro policies, and technological change in enhancing agriculture resilience. Climate change and the recent COVID-19 pandemic have exposed the vulnerability of global agricultural supply and value chains. There is a growing awareness of the importance of interactions within and between these supply chains for understanding the performance of agricultural markets. This book presents a collection of research studies that develop conceptual models and empirical analyses of risk resilience and vulnerability in supply chains. The chapters emphasize the roles played by microeconomic incentives, macroeconomic policies, and technological change in contributing to supply chain performance. The studies range widely, considering for example how agent-based modeling and remote sensing data can be used to assess the impact of shocks, and how recent shocks such as the COVID-19 pandemic and the African Swine fever in China affected agricultural labor markets, the supply chain for meat products, and the food retailing sector. A recurring theme is the transformation of agricultural supply chains and the volatility of food systems in response to microeconomic shocks. The chapters not only present new findings but also point to important directions for future research.

Innovative Agrifood Supply Chain in the Post-COVID 19 Era

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Author :
Publisher :
ISBN 13 : 9783036541877
Total Pages : 0 pages
Book Rating : 4.5/5 (418 download)

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Book Synopsis Innovative Agrifood Supply Chain in the Post-COVID 19 Era by : Dimitris Skalkos

Download or read book Innovative Agrifood Supply Chain in the Post-COVID 19 Era written by Dimitris Skalkos and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is changing rapidly in the age beyond Coronavirus. The current period of deprivation and anxiety, together with the coming global economic crisis, will usher in new consumer attitudes and behaviors that will change the nature of today's capitalism. There are signs today of a growing anti-consuming movement with five types of anti-consumerists: life simplifiers, degrowth activists, climate activists, food choosers, and conservation activists. Citizens will reexamine what they eat, how much they eat, and how all this is influenced by class issues and inequality. Consequently, the food supply chain network will have to change dramatically, adjusting to the new attitudes, perceptions and preferences of the consumers of a post-COVID-19 era. Innovation will play a vital role in modernizing the food supply chain to meet the new challenges of the upcoming global economy. The process "from farm to fork" as the holistic approach to the production and consumption of food will become a key factor for the sustainability and the progress of the food industry. This Special Issue is focused on 11 selected topics from different parts of the agrifood supply chain in view of the post-COVID-19 era expanding from innovative scientific insights and technological advances of natural resources, organic pollutants identification, new food product development, traceability, and packaging, chain management, to consumer's attitudes, and eating motivations, aiming to tackle the foreseen changes of global economy.

Blockchain Applications in Agriculture

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Publisher : Series in Business and Finance
ISBN 13 : 9781648899492
Total Pages : 0 pages
Book Rating : 4.8/5 (994 download)

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Book Synopsis Blockchain Applications in Agriculture by : Duong Hoai An

Download or read book Blockchain Applications in Agriculture written by Duong Hoai An and published by Series in Business and Finance. This book was released on 2024-07-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Blockchain applications in agriculture: Revolutionizing the food supply chain' is your definitive guide to the transformative impact of blockchain technology on agriculture and the modern food supply chain. In this comprehensive volume, we begin with "Introduction to blockchain technology," laying the groundwork for readers of all backgrounds. From there, we delve into the intricate relationship between blockchain and the agriculture industry in "Overview of the agriculture industry". The heart of the book explores practical applications in agriculture and the supply chain, including "Blockchain-based supply chain management," "Farming and crop management," "Livestock management and animal welfare," and "Food safety and quality assurance." We also explore how blockchain revolutionizes "Agricultural finance and insurance" and fosters "Sustainable agriculture and supply chain sustainability". Drawing on "Case studies and real-world examples," you'll see blockchain in action, offering invaluable insights for farmers, supply chain professionals, academics, and policymakers. Our forward-looking chapter, "Future Trends and Challenges of Blockchain," anticipates the evolving landscape of this groundbreaking technology. This book stands out for its depth, practicality, and relevance. It is equally suitable for reference, as a methodological guide, for classroom adoption, or as essential reading for researchers and practitioners in the fields of agriculture, technology, supply chain management, and policy. Whether you're seeking to optimize farming practices, enhance supply chain transparency, or understand the regulatory implications, 'Blockchain applications in agriculture' equips you with the knowledge and inspiration needed to navigate the future of food production and distribution. Join the agricultural revolution today.

Sustainable Global Agrifood Supply Chains

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Sustainable Global Agrifood Supply Chains by : Stefan Gold

Download or read book Sustainable Global Agrifood Supply Chains written by Stefan Gold and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The article investigates the factors that make businesses postpone integrating the performance dimension of sustainability in global agrifood supply chains. Based on literature-based conceptual reasoning, the article conceptualizes a double company lens distinguishing between substantial supply chain management and mere public relations endeavors as a major obstacle for businesses pursuing comprehensive supply chain performance in global agrifood chains. We point out that many supply chain performance attributes represent, in fact, credence attributes that cannot be verified by the consumer, hence entailing an information asymmetry between the company and its consumers. Rational business responses to this situation tend to focus on symbolic actions and communication efforts by means of sustainability reports and other brand-enhancing marketing tools that may be decoupled from substantial operations and supply chain improvements. The research propositions developed have partly been corroborated by a content analysis of annual and sustainability reports of four major agrifood companies (Nestlé, PepsiCo, Unilever, and Mondelez International). The conceptual arguments and empirical analysis presented in the article may serve as the basis for managers and academics to develop innovative inter- and intraorganizational business processes that reconcile trade-offs between various agrifood supply chain performance dimensions, thus pushing the performance frontier outward, and that provide the necessary transparency for overcoming the currently adverse setting of incentives inherent in the food production, processing, retailing, and consumption system.

Blockchain Technology Applications in Businesses and Organizations

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Author :
Publisher : IGI Global
ISBN 13 : 1799880168
Total Pages : 315 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Blockchain Technology Applications in Businesses and Organizations by : De Giovanni, Pietro

Download or read book Blockchain Technology Applications in Businesses and Organizations written by De Giovanni, Pietro and published by IGI Global. This book was released on 2021-12-17 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain technology has the ability to disrupt industries and transform business models since all intermediaries and stakeholders can now interact with little friction and at a fraction of the current transaction costs. Using blockchain technology, firms can undergo new applications and processes by pursuing transparency and control, low bureaucracy, trustless relationships, high standards of responsibility, and sustainability. As a result, business and organizations can successfully implement blockchain to grant transparency to consumers and end-users; remove challenges linked to pollution, frauds, human rights, abuse, and other inefficiencies; as well as guaranteed traceability of goods and services by univocally identifying the provenance inputs' quantity and quality along with their treatment and origin. Blockchain Technology Applications in Businesses and Organizations reveals the true advantages that blockchain entails for firms by creating transparent and digital transactions, resolves conflicts and exceptions, and provides incentive-based mechanisms and smart contracts. This book seeks to create a clear understanding of blockchain's applications such that business leaders can see and evaluate its real advantages. Blockchain is then analyzed not from the typical perspective of financial tools using cryptocurrencies and bitcoins but from the perspective of the business advantages for business and organizations. Specifically, the book highlights the advantages of blockchain across different segments and industries by analyzing specific aspects like procurement, manufacturing, contracts, inventory, logistics, operations, sustainability, technology, and innovation. It is an essential reference source for managers, executives, IT specialists, students, operations managers, supply chain managers, project managers, technology managers, academicians, and researchers.

Blockchain and Supply Chain Management

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Author :
Publisher : Elsevier
ISBN 13 : 0323899358
Total Pages : 264 pages
Book Rating : 4.3/5 (238 download)

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Book Synopsis Blockchain and Supply Chain Management by : Nir Kshetri

Download or read book Blockchain and Supply Chain Management written by Nir Kshetri and published by Elsevier. This book was released on 2021-03-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain and Supply Chain Management combines discussions of blockchain and supply chains, linking technologies such as artificial intelligence, Internet of Things, satellite imagery, and machine vision. The book examines blockchain’s basic concepts, relevant theories, and its roles in meeting key supply chain objectives. The book addresses problems related to inefficiency, opacity, and fraud, helping the digitization process, simplifying the value creation process, and facilitating collaboration. The book is balanced between blockchain and supply chain application and theory, covering the latest technological, organizational and regulatory developments in blockchain from a supply chain perspective. The book discusses the opportunities, barriers, and enablers of blockchain in supply chain policy, along with legal and ethical implications. Supply chain management faces massive disruption with the dynamic changes in global trade, the impact of Covid-19, and technological innovation. Entire industries are also being transformed by blockchain, with some of the most promising applications in supply chain management. Provides theoretical and practical insights into both blockchain and supply chains Features numerous illustrative case studies, boxes, tables, and figures Examines blockchain's impacts on supply chains in four key industries: Food and beverage, healthcare, pharmaceuticals, and finance

Blockchain Technology and its Impact on International Trade. What does the Future Hold?

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3346514463
Total Pages : 91 pages
Book Rating : 4.3/5 (465 download)

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Book Synopsis Blockchain Technology and its Impact on International Trade. What does the Future Hold? by : Mehedi Hasan

Download or read book Blockchain Technology and its Impact on International Trade. What does the Future Hold? written by Mehedi Hasan and published by GRIN Verlag. This book was released on 2021-10-18 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2021 in the subject Business economics - Miscellaneous, grade: Merit, University of Salford, course: International Business, language: English, abstract: The research aimed to analyse the impact of blockchain technology on international trade and find out how blockchain technology can improve the various fields of international trade. The research also intended to find the challenges regarding the implementation of blockchain technology in international trade to help companies achieve successful collaboration and understand what requirements need to be met in advance. The literature review of this research covered the fundamentals of blockchain technology, blockchain's role in facilitating supply chain and trade finance, the impact and adoption of blockchain technology, and blockchain implementation's key challenges. A qualitative approach was used based on 12 semi-structured in-depth interviews with ten companies operating in different business fields and two blockchain specialists to obtain empirical data. This research found that blockchain technology has significantly impacted international trade by improving supply chain efficiency, reducing the complexity of the paper-based trade process, and enabling faster cross-border payments. The empirical findings presented that blockchain can facilitate the supply chain by providing a high level of transparency and better product traceability. Furthermore, the findings showed that smart contracts could facilitate trade finance by providing automatic payments and eliminating intermediaries and blockchain-based ICOs could be a great fundraising option for innovative projects. However, this research also found that the large-scale implementation of blockchain in trade finance is still not possible due to government regulations. Blockchain technology ensures to transform the supply chain and trade finance and reduce the complexity of the current international trade process. However, some critical challenges are associated with blockchain implementation, and some essential requirements need to be met in advance for successful implementation, which was discussed in this research. Furthermore, several suggestions regarding the large-scale implementation of blockchain in trade finance were presented. The empirical findings will help companies develop their adoption strategies and prepare to implement the technology in the trade process. Furthermore, the findings of this research can bring new insight into the policymaking process regarding the implementation of blockchain in trade finance.