A decision-aid model for evaluating challenges to blockchain adoption in supply chains

Blockchain, emerging technology, has immense potential to transform supply chain activities. Though blockchain offers more benefits, industries face many challenges in blockchain adoption. This paper aims to develop a framework to identify and evaluate various challenges in adopting blockchain in supply chain management. First, 40 prominent challenges to blockchain adoption were identified using the fuzzy Delphi technique. The challenges were then assessed using an integrated methodology that included the grey-decision-making trial and evaluation laboratory (DEMATEL) and the weighted aggregated sum product assessment (WASPAS) method. Case studies of five leather garment manufacturing companies were conducted to test this integrated strategy. To ensure the proposed framework's robustness and viability, a sensitivity analysis was performed. Results indicate lack of knowledge about blockchain technology,…