Requirements Category
Reputation and Credibility

Collaborating with credible organizations and stakeholders is a pivotal best practice for enhancing trustworthiness within blockchain ecosystems. The study “Influence of Blockchain and Smart Contracts on Partners’ Trust, Visibility, Competitiveness, and Environmental Performance in Manufacturing Supply Chains” demonstrates that integrating blockchain and smart contracts positively influences partners’ trust. The research indicates that increased trust leads to enhanced visibility, competitiveness, and environmental performance within supply chains. However, it also cautions that vulnerabilities in smart contracts can raise information security concerns, potentially affecting long-term trust among partners.

https://www.researchgate.net/publication/358967174_Influence_of_blockchain_and_smart_contracts_on_partners%27_trust_visibility_competitiveness_and_environmental_performance_in_manufacturing_supply_chains