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Blockchain Adoption Hurdles in SCF
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Overview
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The article delves into the challenges hindering large-scale implementation of Blockchain in Supply Chain Financing (SCF), citing issues such as information asymmetry, lack of digitization, and trust. Despite offering solutions, global adoption remains limited. A study examining Blockchain adoption in SCF identified key determinants like trust and factors such as relative advantage and organization readiness.
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How can the identified determinants like trust and readiness be effectively addressed to enhance Blockchain adoption in SCF?
What implications does the limited large-scale implementation of Blockchain in SCF have on the future of supply chain financing and financial technology?
What strategies could be employed to overcome the challenges of information asymmetry and lack of digitization in implementing Blockchain in SCF?
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Dec 2023
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