Unveiling the role of supply chain parameters approved by blockchain technology towards firm performance through trust: The moderating role of government support

This research study aims to reveal the role of supply chain parameters approved by blockchain technology toward firm performance through trust. This study has also examined the moderating role of government support between trust and firm performance. The underlying theories reinforce the usefulness and flexibility of a supply chain in regulating daily fluctuations and uncertainties in supply and demand. Blockchain technology adoption with supply chain tactics provides a more suitable environment for better firm performance. Governments address legal and security concerns related to blockchain technology and provide clear guidelines and standards for its use in supply chains, which build trust among firms and stakeholders. A conceptual model has been developed with the assistance of past empirical research studies and associated theories. This research study has examined the following relationships from a sample of 465 employees from textile industrial firms listed on the Pakistan Stock Exchange. The current research study assesses these parameters using the partial least squares structural equation modeling (PLS-SEM) method. The analysis showed that supply chain parameters (alignment, agility, adaptability) approved by blockchain technology positively correlate with firm performance. Trust positively mediated the relationship between supply chain parameters approved by blockchain technology and firm performance. Furthermore, government support positively moderated the relationship between trust and firm performance. The study would provide directions for further research. These findings will give the global supply chain industry valuable insights into blockchain technology for firm performance. In theory, this research study would contribute to the scientific literature by answering how trust and government support affect the overall firm performance.