A decision support framework for best-fitting blockchain platform selection in sustainable supply chains under uncertainty

Abstract

Despite blockchain’s potential to enhance visibility and traceability in sustainable supply chains (SCs), its adoption is complex due to the various criteria (e.g., interoperability and cost) required for the best-fitting platform selection. This study aims to investigate conflicting criteria in the blockchain technology (BT) platform selection process for decision-making under uncertainty. We propose a three-phase decision support framework to study BT adoption considering technological, organizational, and environmental contexts. In the first phase, after exploring the evaluation criteria from multiple contexts, the developed framework incorporates uncertainty and reliability to deal with the BT platform evaluation problem. Then, fuzzy cognitive map modeling, advanced by a Z-number-based inference system, is introduced to model the causal relationships between criteria. This is followed by implementing a hybrid learning algorithm to assess the impact of each criterion on adoption decisions. Finally, the fuzzy combined compromise solution embedded in the framework prioritizes BT platforms to identify the most suitable ones for sustainable SC. The findings imply that performance efficiency, implementation costs, maintainability and operability can significantly affect the BT platform selection decisions. The outcomes offer more stable, reliable, and distinguishable solutions for the proposed problem compared to the traditional approaches. The results introduce Hyperledger and R3 Corda as the best-fitting platforms for adoption based on the identified criteria.