This research, therefore, explores the claimed potential of blockchain technology as a technical solution to address the wicked sustainability problems in the global value chains. In addition to research on existing literature, a qualitative, exploratory research design is applied, to explore and generate in-depth and rich information, for which a Delphi study is used. The sample is selected through purposive sampling, which assures to provide a wide range of information based on varying experiences and perspectives from experts on the research question. In order to create a complete picture of this subject, the study critically assesses the possibilities and limitations of both conventional sustainability standards and blockchain technology encountered among various global value chains, which are identified in the research.
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