Key Factors Affecting Blockchain Adoption in Organizations

Mohammed, Abubakar; Potdar, Vidyasagar; Yang, Li

doi:10.1007/978-981-15-7530-3_35

Cited by 10 publications

(22 citation statements)

References 32 publications

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“…The essential features of blockchain technology are distributed computation using a peer to peer network, decentralized consensus algorithms (i.e., proof of stake, proof of work, and practical byzantine fault tolerance), immutability, and cryptographic (i.e., hashing, private-public key infrastructure). These features have made blockchain a unique technology and have drawn significant attention from several industries [28].…”

Section: Blockchainmentioning

confidence: 99%

“…Blockchains are effectively a digital storage network that is totally independent of the data contained within each block and identifies the key characteristics as decentralization, anonymity, immutability, and transparency [28,29].…”

Section: Characteristics Of Blockchainmentioning

confidence: 99%

“…Public blockchains are designed to be fully decentralized and all transactions on public blockchains are fully transparent [37]. Bitcoin is the first example of public blockchain [35], generally, A public blockchain is mainly used for cryptocurrencies [28].…”

Section: Public Blockchainsmentioning

confidence: 99%

“…A Private Blockchain is also called a permissioned blockchain (e.g., Hyperledgerd) [28]. It allows to select which nodes to be operated and view the transactions on the ledger, as well as who may transact with it since the privacy is improved [27].…”

Section: Private Blockchainsmentioning

confidence: 99%

“…It is partially centralized and open for limited public use. It can be used in scenarios where there are various organizations involved in business activity e.g., (insurance companies, financial institutions, governmental institutions) [23,28].…”

Section: Consortium Blockchainmentioning

confidence: 99%

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The Literature Review of Blockchain Adoption

Almekhlafi

Al-Shaibany

2021

AJRCoS

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Blockchain is an emerging technology that depends on distribution, decentralization, and encryption. Recently, it has gained wide interest in various fields of studies. Several considerable research on blockchain adoption has appeared in international journals across different disciplines, however, a review of literature on the adoption of blockchain remains rare. This study aimed to provide a comprehensive literature review of the current blockchain adoption studies that use individual adoption models or theories. This paper included the papers that are published in the 7 Scopus database from 2017-2021. Studies were analyzed to determine the adoption models or theories that are used, industry, country, methodology, and identify the most important influencing factors that drive the user to accept the adoption of blockchain technology. The results showed that there are still limitations in adoption studies in various fields such as health and education however, the field of supply chain management is one of the areas that received the most attention in the studies. Common studies relied on the Technology Acceptance Model (TAM) model as well as the Unified Theory of Acceptance and Use of Technology (UTAUT). Moreover, perceived ease of use (PEOU), perceived usefulness (PU) are considered the most important factors affecting the intention of users in adopting blockchain technology in different fields. The research findings have implications on blockchain adoption research. In terms of theory, the findings provide a guideline for the other researchers to put their own research in a better context and thus contribute to understanding the relevant blockchain adoption issues that require further investigation.

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Section: Blockchainmentioning

confidence: 99%

Section: Characteristics Of Blockchainmentioning

confidence: 99%

Section: Public Blockchainsmentioning

confidence: 99%

Section: Private Blockchainsmentioning

confidence: 99%

Section: Consortium Blockchainmentioning

confidence: 99%

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The Literature Review of Blockchain Adoption

Almekhlafi

Al-Shaibany

2021

AJRCoS

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Blockchain technology adoption in government organizations: a systematic literature review

Falwadiya

Dhingra

2022

JGOSS

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Purpose Blockchain technology is spreading its roots and growing rapidly. With the advancement of blockchain technology, government organizations are focusing toward adopting blockchain technology. The purpose of this study is to identify the factors that affect the adoption of blockchain technology and provide a conceptual framework to adopt blockchain technology in government organizations. Design/methodology/approach To answer the research questions, this study has used systematic literature review (SLR). For achieving the quality and transparent process, this study has applied the PRISMA framework in the SLR. Findings With the help of SLR, this study has identified 72 factors that influence the adoption of blockchain technology. After critically examining the factors, this study has developed the conceptual framework for the adoption of blockchain technology in government organizations with four factors of the unified theory of acceptance and use of technology model and four additional factors, i.e. facilitating conditions, social influence, effort expectancy, performance expectancy, trust, transparency, cost and security. Research limitations/implications To perform SLR, this study has used two databases: Web of Science and Google Scholar; future studies can consider other databases. This study has provided the framework but not validated it; future studies can use structural equation modeling and artificial neural network to validate the framework. Practical implications This study helps to provide insights about blockchain technology and help government and policymakers to take decisions for the adoption of blockchain technology and in determining the future action plan. Originality/value Few studies are available in the literature that have used SLR to identify blockchain technology adoption in government organizations.

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Blockchain Adoption in Food Supply Chains: A Systematic Literature Review on Enablers, Benefits, and Barriers

et al. 2023

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Globalization of the food supply chain (FSCs) has brought significant challenges to the food system, such as fraud, safety, security, and quality issues due to information asymmetry. Globalization also increases the difficulty and complexity of solving these problems to improve FSC efficiency. Blockchain technology (BCT) has proven to have the potential to transform FSC based on its potential benefits. However, studies of BCT adoption in FSC are relatively new and scarce. This study systematically reviews the current state of research that has been done in the space of blockchain and food supply chains. In carrying out the research, a systematic literature review (SLR) was deployed using two prominent databases, Scopus and Business Source Complete (EBSCO), covering articles from 2016 to 2021, and 52 articles were synthesized to identify blockchain enablers, benefits, and barriers. Based on this review, a conceptual framework is developed for blockchain adoption within the food supply chain. The study identified scalability, interoperability, high cost, lack of expertise, and regulations as the most likely barriers to blockchain adoption. This study contributes to the body of knowledge by providing insights into blockchain adoption in the food supply chain. In addition, it offers evidence-based direction for other industries to build their blockchain strategies.

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Key Factors Affecting Blockchain Adoption in Organizations

Cited by 10 publications

References 32 publications

The Literature Review of Blockchain Adoption

The Literature Review of Blockchain Adoption

Blockchain technology adoption in government organizations: a systematic literature review

Blockchain Adoption in Food Supply Chains: A Systematic Literature Review on Enablers, Benefits, and Barriers

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