Blockchain Technology for Green Supply Chain Management in the Maritime Industry: Integrating Extended Grey Relational Analysis, SWARA, and ARAS Methods Under Z-Information

Abstract

Blockchain technology has attracted considerable attention in the supply chain literature for its potential to enhance operational traceability, transparency, and trust, as well as to advance greening initiatives. Given current supply chain configurations, exploring barriers to implementation is a consequential agenda, and current studies have devoted substantial effort to identifying and offering guidance to address them. Despite recent findings, insights into how blockchain technology adoption can support green supply chain management are missing, particularly in the maritime sector, which receives limited attention. Thus, this work outlines a methodological approach to examine the suitability of maritime routes for addressing barriers to implementing blockchain technology in green supply chain management. Viewing the evaluation as a multi-criteria decision-making (MCDM) problem, the proposed approach performs the following actions on a case study evaluating four maritime lines. Firstly, from the 13 identified barriers in the literature review and expert interviews, nine relevant barriers were determined after one round of a Delphi process. These barriers eventually comprise the set of evaluation criteria. Secondly, to satisfy the assumption of criterion independence in most MCDM methods, this work proposes a novel extended grey relational analysis (GRA) that allows for the measurement of criterion independence based on the concept of grey relational space. Proposed here for the first time, the extended GRA offers a distribution-free overall independence index for each criterion based on pattern similarity. Finally, an integration of SWARA (Stepwise Weight Assessment Ratio Analysis) and ARAS (Additive Ratio Assessment) methods under Z-information is developed to address the evaluation problem involving expert judgments in a highly uncertain decision-making context. Results show that transaction-level uncertainty is the most critical barrier to blockchain adoption, followed by technology risks and higher sustainability costs. Among the four maritime lines, Line 3 is best prepared for a blockchain-enabled green supply chain. The agreement between these results and those of other MCDM methods is shown in the comparative analysis. Also, ranking remains unchanged even when the criteria weights are adjusted. The proposed approach provides a computationally efficient and tractable framework for maritime managers to make informed decisions about blockchain adoption to promote green supply chains.