Blockchain adoption in the maritime supply chain: Examining barriers and salient stakeholders in containerized international trade

Balcı, Gökçay; Surucu-Balci, Ebru

doi:10.1016/j.tre.2021.102539

Cited by 81 publications

(39 citation statements)

References 42 publications

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“…Additionally, some researchers have employed new frameworks to study the impact of their utilized factors in BC adoption. One of these methods used in the supply chain area was cross-impact matrix multiplication applied to classification (MICMAC) and interpretive structural modeling (ISM) implemented by Balki and Surucu-Balci [50]. Eight factors in BC adoption were investigated such as perceived resource, the adoption resistance of some stakeholders, initial capital requirement, and the concerns stemming from privacy or business information sharing in BC frameworks that were four critical factors.…”

Section: Karuppiah Et Al [43]mentioning

confidence: 99%

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

Taherdoost

2022

Computers

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Blockchain is a promising breakthrough technology that is highly applicable in manifold sectors. The adoption of blockchain technology is accompanied by a range of issues and challenges that make its implementation complicated. To facilitate the successful implementation of blockchain technology, several blockchain adoption frameworks have been developed. However, selecting the appropriate framework based on the conformity of its features with the business sector may be challenging for decision-makers. This study aims to provide a systematic literature review to introduce the adoption frameworks that are most used to assess blockchain adoption and realize business sectors that these models have been applied. Thus, the blockchain adoption models in 56 articles are reviewed and the results of the studies are summarized by categorizing the articles into five main sections including supply chain, industries, financial sector, cryptocurrencies, and other articles (excluded from the former fields). The findings of the study show that the models based on the technology acceptance model (TAM), technology–organization–environment (TOE), and new conceptual frameworks were the focus of the majority of selected articles. Most of the articles have focused on blockchain adoption in different industry fields and supply chain areas.

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Section: Karuppiah Et Al [43]mentioning

confidence: 99%

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

Taherdoost

2022

Computers

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“…In total, 440 publications are reviewed publications. A subsequent review of the 440 results showed that 40 publications have the keywords "sustainable blockchain" in the title and were directly relevant for answering our RQs and relied on the frequency of viewings, citations, and sharing as a means of assessing their importance [15] However, most of these academic publications focus on industry-specific use cases such as healthcare, supply chain, aviation, banking, logistics, and IoT [16][17][18][19][20][21]. An integrated adoption model including risk and success factors to foster a sustainable adoption of blockchain technology across various industries was unavailable.…”

Section: Resultsmentioning

confidence: 99%

“…Furthermore, there is currently no normative, universally applicable adoption model available, which can empower organizations and stakeholders to accelerate and manage blockchain-driven business innovation in a sustainable way. We derive this gap from identifying that each of the sources either focuses on specific use cases such as healthcare, supply chain, aviation, banking, logistics, and IoT with certain criteria or the existing theories and models capture only parts of the requirements engineering and innovation process [16][17][18][19][20][21]. This gap reflects a clear need to design an integrated adoption model that can empower stakeholders across any industry and use case to use blockchain technology for sustainable business innovation.…”

Section: Rq3: What Are the Current Research Gaps In The Area Of Block...mentioning

confidence: 99%

An Integrated Adoption Model to Manage Blockchain-Driven Business Innovation in a Sustainable Way

2022

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Blockchain technology has the potential to drive innovations across various industries, businesses, and use cases. It is broadly recognized that innovation is a vital source of competitive advantage in a rapidly changing environment. High expectations surround blockchain’s potential for contributing to sustainable economic and social development. However, current blockchain projects still show high failure rates. The associated side effects of such failure rates generate a negative impact on economic and social sustainability performances such as corporate governance, risk management, finance management, human resources and culture management, and competitiveness. This paper assesses adoption models and their risk and success factors. Building on a novel, integrated adoption model to operationalize, measure and manage blockchain-driven business innovation in a sustainable way, we assessed its applicability with an empirical study across 20 industry sectors and 125 business leaders. Nevertheless, case studies and further industry activities are needed to continue its validation in future works.

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“…Another study of Balci and Surucu-Balci ( 2021 ) revealed the underlying interaction between BT adoption barriers in Computer Information Technology (CIT) and uncovered the most prominent stakeholders for the adoption. A total of eight barriers were identified, and their relationships were uncovered through Interpretive Structural Modelling (ISM) approach, after a total of 30 experts completed the study’s survey.…”

Section: Information Technologies (It) Intensity and Operational Effi...mentioning

confidence: 99%

Digital adoption and efficiency in the maritime industry

2022

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The COVID-19 pandemic has augmented pre-existing digitalization and environmental trends. In the maritime industry, one of the marked impacts of the pandemic is how the regard for technology has changed. There is now greater appetite and acceptance of digital solutions across the industry. This study investigates the ways the adoption of a series of digital technologies impact shipping firms’ efficiency, that will shed light on how industry stakeholders may derive value from data solutions, for making better operational decisions. We use cross-country firm-level data to evaluate the efficiency effects of maritime industry-level digital adoption. The results provide robust proof that working in a digitalized ecosystem is a way to promote efficiency, though not to the same extent across shipping firms and divisions. Impacts are relatively stronger in water transport activities than warehousing/support activities for transportation. Digital technologies may add to the growing diffusion in efficiency across shipping firms.

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Blockchain adoption in the maritime supply chain: Examining barriers and salient stakeholders in containerized international trade

Cited by 81 publications

References 42 publications

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

An Integrated Adoption Model to Manage Blockchain-Driven Business Innovation in a Sustainable Way

Digital adoption and efficiency in the maritime industry

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