Modeling Cost Saving and Innovativeness for Blockchain Technology Adoption by Energy Management

Abstract

In developed nations, the advent of distributed ledger technology is emerging as a new instrument for improving the traditional system in developing nations. Indeed, adopting blockchain technology is a necessary condition for the coming future of organizations. The distributed ledger technology provides better transparency and visibility. This study investigated the features that may influence the behavioral intention of energy experts to implement the distributed ledger technology for the energy management of developing countries. The proposed model is based on the Technology Acceptance Model construct and the diffusion of the innovation construct. Based on a survey of 178 experts working in the energy sector, the proposed model was tested using structural equation modeling. The findings showed that perceived ease of use, perceived usefulness, attitude, and cost saving had a positive and significant impact during the blockchain technology adoption. However, innovativeness showed a positive effect on the perceived ease of use whereas an insignificant impact on the perceived usefulness. The present study offers a holistic model for the implementation of innovative technologies. For the developers, it suggest rising disruptive technology solutions.

E-Learning Acceptance: The Role of Task–Technology Fit as Sustainability in Higher Education

“…Advancements in digital and communication technology (ICT) have resulted in major improvements in all related areas. To ensure its long-term viability, ICT has embraced emerging paradigms such as cloud computing [10,11], Massive Open Online Courses (MOOCs) [12], the internet of things [13], big data [14,15], e-learning [1], social networking [16,17], and blockchain [18,19]. New platforms, products, systems, and facilities have emerged as a result of these ICT-driven developments [20].…”

Decision Factors behind Cisco Networking Hardware Acceptance in Business Environments

“…A possible explanation is that high-tech solutions are recognized as innovative by design (which generally contradicts [26]). That said, innovativeness is reported to primarily affect Perceived Ease of Use [27], and in the proposed model, this latter does not directly impinge on Intention to Use.…”

“…At the same time, it should be noted that the specificity of the domain of application may inherently exclude some initial factor or reduce the importance of a given factor after model reconstruction. Thus, it became necessary to set up hypotheses verifying the relationships between the variables originally confirmed as significantly influencing the TAM2 core [4] The impact of previous research suggests that the specificity of the computer networking domain warrants tailor-fitting the structural TAM model with two additional latent variables: The former is crucial in the context of global businesses [28][29][30], which certainly include the high-tech business of network hardware development, and a similar rationale was previously considered in extensions [26,27]. While [27] did not confirm a significant effect on perceived usefulness, we reckon that network professionals are a target group open to technological advances and appreciate most aspects of innovation.…”

“…Thus, it became necessary to set up hypotheses verifying the relationships between the variables originally confirmed as significantly influencing the TAM2 core [4] The impact of previous research suggests that the specificity of the computer networking domain warrants tailor-fitting the structural TAM model with two additional latent variables: The former is crucial in the context of global businesses [28][29][30], which certainly include the high-tech business of network hardware development, and a similar rationale was previously considered in extensions [26,27]. While [27] did not confirm a significant effect on perceived usefulness, we reckon that network professionals are a target group open to technological advances and appreciate most aspects of innovation. On the other hand, managing corporate networking devices comes with very high entry barriers, hence, we hypothesize that the inclusion of staff in professional training programs is likely to lead to a spike in motivation [24,25] and enhanced learnability [22], and ultimately break down the aforementioned barriers.…”

“…Yuen et al put innovation diffusion theory to work in tandem with the TAM model to investigate in what way the perceived characteristics of innovation may influence novel technologies [26]. Ullah et al introduce the integrated construct of innovativeness alongside cost-saving while scrutinizing the acceptance of such technologies in the context of energy management in developing countries [27]. The authors suggest that innovativeness impacts the perceived ease of use way stronger than the perceived usefulness.…”