Laminating STRATH block chain technology- SWOT architectures to endure business strategy between digital transformation, firms and supply chains capabilities for sustainability

The study laminated a link between Digital Transformation (DT), firms and supply chains capabilities based on Blockchain Technology (BCT) and accordingly STRATH (STRAtegies and THreats) modelling is presented to unlock the utility of Blockchain Technology (BCT) in supply chains (SC). SWOT architectures are mined, threats are identified and expert's opinions are sought to embrace crucial strategies for elevating the fertility of BCT in SCM. Sixteen threats & six strategies are evaluated, where theoretical framework based on SWOT dimensions, STRATH model, FuDE-VIR approach, DEMATEL, and Delphi technique under the boundaries of BCT and SCM is presented to admire the novelty of present study. The study embedded two pitch structures, where in the first pitch, SWOT- BCT architectures are mined to understand current state of affairs related to BCT. In the second pitch, STRATH modelling is done with FuDE-VIR approach to react towards sustainable outcomes. The FuDE-VIR approach is developed to define crucial strategies for BCT implementation in SCM. The study documented BCT insights, cataloged contemporary facts to BCT and provided strategic guidelines for implementing BCT in company's landmarks. Eight threats components are found under cause group and eight threats components are found under effect group, where ‘Ïnvolvement of external stakeholders’ and ‘Difficulty in changing organization culture’ demonstrated the highest cause ranking behaviour. ‘Financial constraints’ and ‘Security and privacy concerns’ demonstrated the highest effect ranking behaviour. Efforts have been received towards ‘promoting legal certainty and development of clear regulatory regime’ as first level strategic driver and ‘Permitting standardized customers and defining credit score to customers and partners working in value chain’ as the second level strategic driver for admiring the utility of the BCT in SCM.