The Impact of Using BlockChain Tool on Supply Chains and the Sustainability of the Palestinian Economy

EasyChair Preprint 10930

Abstract

This study aimed to examine the impact of Blockchain technology on supply chains and its influence on the sustainability of the Palestinian economy. To achieve this objective, an empirical investigation was conducted on commercial companies listed within the Palestinian Capital Market Authority. The study encompassed data from 75 individuals employed by the top 15 companies in the year 2023. The study yielded several key findings, with the most significant ones being as follows: There is a demonstrable impact of Blockchain technology on supply chains, positively affecting the sustainability of commercial companies in Palestine, the utilization of Blockchain technology in commercial companies in Palestine has reached a high degree of adoption, the study indicated a notable correlation between supply chains and the utilization of Blockchain technology. However, there was no direct impact of Blockchain technology on the sustainability of the Palestinian economy through its effects on supply chains. Based on these findings, the researcher put forward a series of recommendations. Among the most prominent suggestions are: Organizing introductory and training workshops on Blockchain technology, including its various applications and services for companies and organizations of all types, promoting awareness of Blockchain through media and social networks, encouraging organizations and companies that have not yet adopted Blockchain technology in their operations to explore its potential benefits in terms of supply chain tracking and other secure financial and commercial applications, subsequently expanding its implementation.

These changes aim to enhance the clarity and flow of the paragraph while maintaining the original content.

Keyphrases: Blockchain, Palestine, economic sustainability, supply chains

@booklet{EasyChair:10930,
  author    = {Moatasem Hakawati and Islem Khefacha},
  title     = {The Impact of Using BlockChain Tool on Supply Chains and the Sustainability of the Palestinian Economy},
  howpublished = {EasyChair Preprint 10930},
  year      = {EasyChair, 2023}}