Blockchain and Supply Chains: V-form Organisations, Value Redistributions, De-commoditisation and Quality Proxies

Allen, D, Berg, A and Markey-Towler, B 2019, 'Blockchain and Supply Chains: V-form Organisations, Value Redistributions, De-commoditisation and Quality Proxies', The Journal of the British Blockchain Association, vol. 2, no. 1, pp. 1-8.


Document type: Journal Article
Collection: Journal Articles

Title Blockchain and Supply Chains: V-form Organisations, Value Redistributions, De-commoditisation and Quality Proxies
Author(s) Allen, D
Berg, A
Markey-Towler, B
Year 2019
Journal name The Journal of the British Blockchain Association
Volume number 2
Issue number 1
Start page 1
End page 8
Total pages 8
Publisher The British Blockchain Association
Abstract We apply institutional cryptoeconomics to the information problems in global trade, model the Incentives under which blockchain-based supply chain infrastructure will be built, and make predictions about the future of supply chains. We argue blockchain will change the patterns and dynamics of how, where and what we trade by: (1) facilitating new forms of economic organisation governing supply chain coordination (such asthe V-form organisation); (2) decreasing information asymmetries and shifting economic power towards the ends of supply chains (e.g. primary producers); (3) changing the dimensions along which we can reliably differentiate goods and therefore de-commoditising goods and disaggregating price signals; and (4) decreasing consumerreliance on quality proxies (e.g. production within national borders).
Subject Logistics and Supply Chain Management
Heterodox Economics
Keyword(s) Institutional Cryptoeconomics
Institutional Economics
Supply Chain Management
Blockchain Supply Chains
DOI - identifier 10.31585/jbba-2-1-(3)2019
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ISSN 2516-3957
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