Chronological Progress of Blockchain in Science, Technology, Engineering and Math (STEM): A Systematic Analysis for Emerging Future Directions

Abstract

The emergence of Industry 4.0 has awoken the adoption of blockchain as a key factor to enhance the industrial supply chain across the globe, enabling cost-effective and fast-paced delivery of products and services, ownership of products with privacy, and high security as well as traceability. This new digital horizon is underpinning the future direction of humankind, aligning with the Sustainable Development Goal themes of Good Health and Well-being (SDG3) and Sustainable Cities and Communities (SDG 11). Thus, the main objective of this paper is to elucidate the adoption of blockchain technology in Science, Technology, Engineering, and Math (STEM) disciplines by determining of the key academic research players and the evolution of blockchain in different fields. It begins by clarifying the definition of these concepts, followed by a discussion regarding the chronological progress of blockchain over time, an evaluation of the adoption of blockchain technologies in different key research areas, and lastly, providing comments on several directions to guide practitioners in developing a sustainable global blockchain roadmap in education science.