Critical Success Factors of Blockchain adoption in Green Supply Chain Management: Contribution through an Interpretive Structural Model

Elhidaoui, Sana; Benhida, Khalid; Elfezazi, Saïd; Kota, Srinivas; Lamalem, Ahmed

doi:10.1080/21693277.2021.1990155

Cited by 18 publications

(11 citation statements)

References 66 publications

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“…The findings are also consistent with Marikyan et al [98] that found that organizations that are capable of acquiring new knowledge, storing, and applying that new knowledge and learn from it; open to new ideas, and are ready to take risks are more likely to adopt BCT. This led to the conclusion that organizations should have a formal learning system to remain updated about the contemporary technologies beneficial for their business as mentioned by Elhidaoui et al [99].…”

Section: Discussion and Contributionsmentioning

confidence: 99%

Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision

Malik

Chadhar

Chetty

et al. 2022

Human Behavior and Emerging Technologies

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Blockchain (BCT) is an emerging technology that promises many benefits for organizations, for instance, disintermediation, data security, data transparency, a single version of the truth, and trust among trading partners. Despite its multiple benefits, the adoption rate of BCT among organizations has not reached a significantly high level worldwide, thus requiring further research in this space. The present study addresses this issue in the Australian context. There is a knowledge gap in what specific factors, among the plethora of factors reported in the extant literature, affect the organizational adoption of BCT in Australia. To fill this gap, the study uses the qualitative interpretative research approach along with the technology-organization-environment (TOE) framework as a theoretical lens. The data was mainly drawn from the literature review and semi-structured interviews of the decision-makers and senior IT people from the BCT adopter and potential adopter organizations in Australia. According to the findings, perceived information transparency, perceived risks, organization innovativeness, organization learning capability, standards uncertainty, and competition intensity influence organizational adoption of BCT in Australia. These factors are exclusively identified in this study. The study also validates the influence of perceived benefits and perceived compatibility on BCT adoption that are reported in the past studies. Practically, these findings are helpful for the Australian government and public and private organizations to develop better policies and make informed decisions for the organizational adoption of BCT. The findings would guide decision-makers to think about the adoption of BCT strategically. The study also has theoretical implications explained in the discussion section.

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Section: Discussion and Contributionsmentioning

confidence: 99%

Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision

Malik

Chadhar

Chetty

et al. 2022

Human Behavior and Emerging Technologies

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“…Elhidaoui, et al studied the critical success factors of blockchain adoption in green supply chain management with the aid of interpretive structural modelling [12]. The critical success factors that are taken into consideration in this study comprise collaborative logistics, green practices, organizational management, knowledge, tokenization, trust and reliability, smart contracts, transparency, traceability, and recording, tracking and trading.…”

Section: Literature Reviewmentioning

confidence: 99%

Conceptual Framework for Blockchain Business Success Factors with Fuzzy Analytic Hierarchy Process Model

Lam,

Liew

et al. 2023

ITM Web Conf.

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Blockchain technology is gaining popularity globally, and adoption is on the rise in Malaysia. The success of blockchain business in Malaysia depends on many key factors. By identifying the most influential factors, businesses can make informed strategic decisions that improve their chances of success in the market. Policymakers can also benefit from this research as it can guide them in creating an enabling environment for the growth and advancement of the blockchain industry in Malaysia. As a result, critical success factors are needed to be determined in order to accelerate the implementation of blockchain in organizations. Thus, a conceptual framework to identify the business success factors by using the Fuzzy Analytic Hierarchy Process model is proposed in this study. This research study is significant as the business success factors can be determined by the conceptual framework based on the Fuzzy Analytic Hierarchy Process model. The identification of business success factors for implementing blockchain is very crucial as it can guide policymakers and practitioners in comprehending the significance and importance of business success factors. Hence, viable strategies can be developed to make blockchain technology adoption in various sectors becomes successful.

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“…In addition, Kayikci et al examined CSFs for blockchain-based circular supply chains (CSCs) through a short systematic literature review and using the integrated fuzzy cognitive mapping and fuzzy best-worst method (FCM-FBWM) [20]. Finally, Elhidaoui et al proposed a conceptual framework of a green supply-chain management (GSCM) model to investigate the critical success factors (CSFs) of blockchain-technology (BCT) adoption in green supply-chain management [21].…”

Section: Related Workmentioning

confidence: 99%

Critical Success Factors Evaluation for Blockchain’s Adoption and Implementing

Grida

Elrahman

Eldrandaly

2022

Systems

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Blockchain has completely changed how business is performed today, thus making it one of the most disruptive technologies in recent times. However, it is a challenging task to adopt and implement blockchain technologies in different services and industries. Therefore, this study introduces a framework for investigating critical factors influencing the successful adoption of blockchain technologies in different applications and prioritizes them using the hierarchical Decision-Making Trial and Evaluation Laboratory (DEMATEL) technique. First, it provides fourteen critical success factors with the help of the extant literature and further classifies them into three categories: technological, organizational, and environmental. In addition, a set of sixteen key performance indicators (KPI) of successful blockchain adoption is introduced and classified into five categories: overall performance, system robustness, data robustness, accessibility, and overall cost. Then, the fourteen success factors are ranked based on their degree of prominence and relationships. It is concluded that environmental factors are the most critical factors for successful blockchain adoption, and law and policies and competitive pressure are the top two factors needed for blockchain adoption. In the technological context, only blockchain scalability is ranked among the top significant factors for blockchain adoption. On the other hand, adequate resources, top management support, and financial constraints are highly ranked in the organizational context.

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Critical Success Factors of Blockchain adoption in Green Supply Chain Management: Contribution through an Interpretive Structural Model

Cited by 18 publications

References 66 publications

Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision

Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision

Conceptual Framework for Blockchain Business Success Factors with Fuzzy Analytic Hierarchy Process Model

Critical Success Factors Evaluation for Blockchain’s Adoption and Implementing

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