Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision
<p dir="ltr">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...
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| مؤلفون آخرون: | , , |
| منشور في: |
2022
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إضافة وسم
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| _version_ | 1864513522537332736 |
|---|---|
| author | Saleem Malik (23275780) |
| author2 | Mehmood Chadhar (23275783) Madhu Chetty (21393) Savanid Vatanasakdakul (20185785) |
| author2_role | author author author |
| author_facet | Saleem Malik (23275780) Mehmood Chadhar (23275783) Madhu Chetty (21393) Savanid Vatanasakdakul (20185785) |
| author_role | author |
| dc.creator.none.fl_str_mv | Saleem Malik (23275780) Mehmood Chadhar (23275783) Madhu Chetty (21393) Savanid Vatanasakdakul (20185785) |
| dc.date.none.fl_str_mv | 2022-08-22T09:00:00Z |
| dc.identifier.none.fl_str_mv | 10.1155/2022/7320526 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/Adoption_of_Blockchain_Technology_Exploring_the_Factors_Affecting_Organizational_Decision/31444435 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Commerce, management, tourism and services Commercial services Information and computing sciences Information systems Information systems adoption Organizational innovativeness Information transparency Perceived risks Standards uncertainty |
| dc.title.none.fl_str_mv | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p dir="ltr">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.</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Human Behavior and Emerging Technologies<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1155/2022/7320526" target="_blank">https://dx.doi.org/10.1155/2022/7320526</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_0ffd66b122c5439e22e14181b2d7ed3b |
| identifier_str_mv | 10.1155/2022/7320526 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/31444435 |
| publishDate | 2022 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational DecisionSaleem Malik (23275780)Mehmood Chadhar (23275783)Madhu Chetty (21393)Savanid Vatanasakdakul (20185785)Commerce, management, tourism and servicesCommercial servicesInformation and computing sciencesInformation systemsInformation systems adoptionOrganizational innovativenessInformation transparencyPerceived risksStandards uncertainty<p dir="ltr">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.</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Human Behavior and Emerging Technologies<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1155/2022/7320526" target="_blank">https://dx.doi.org/10.1155/2022/7320526</a></p>2022-08-22T09:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1155/2022/7320526https://figshare.com/articles/journal_contribution/Adoption_of_Blockchain_Technology_Exploring_the_Factors_Affecting_Organizational_Decision/31444435CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/314444352022-08-22T09:00:00Z |
| spellingShingle | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision Saleem Malik (23275780) Commerce, management, tourism and services Commercial services Information and computing sciences Information systems Information systems adoption Organizational innovativeness Information transparency Perceived risks Standards uncertainty |
| status_str | publishedVersion |
| title | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| title_full | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| title_fullStr | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| title_full_unstemmed | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| title_short | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| title_sort | Adoption of Blockchain Technology: Exploring the Factors Affecting Organizational Decision |
| topic | Commerce, management, tourism and services Commercial services Information and computing sciences Information systems Information systems adoption Organizational innovativeness Information transparency Perceived risks Standards uncertainty |