TY - GEN
T1 - Key Determinants of Blockchain Adoption
T2 - 7th International Conference on Blockchain Technology and Applications, ICBTA 2024
AU - Tan, Kelwin Seen Tiong
AU - Lee, Angela Siew Hoong
N1 - Publisher Copyright:
© 2024 Copyright held by the owner/author(s).
PY - 2025/1/21
Y1 - 2025/1/21
N2 - Blockchain technology plays a pivotal role in helping organizations maintain a public ledger. Despite the increasing security concerns, Blockchain, which was supposed to be a driving force for the next industry leap, is still in a slow adoption phase. This study examines the factors influencing the adoption of this integrated solution through a combined model of the Unified Theory of Acceptance and Use of Technology (UTAUT) and Technology-Organization-Environment Framework (TOE). A conceptual model that incorporates cybersecurity and blockchain adoption factors relevant to the supply chain industry is proposed. This study proposed to employ a quantitative approach via survey data collected from supply chain professionals. Additionally, the findings suggest that cybersecurity concerns including technological, organizational, and environmental factors significantly affect the adoption of Blockchain. This research concludes with a strategic recommendation to enhance adoption by including the critical factors.
AB - Blockchain technology plays a pivotal role in helping organizations maintain a public ledger. Despite the increasing security concerns, Blockchain, which was supposed to be a driving force for the next industry leap, is still in a slow adoption phase. This study examines the factors influencing the adoption of this integrated solution through a combined model of the Unified Theory of Acceptance and Use of Technology (UTAUT) and Technology-Organization-Environment Framework (TOE). A conceptual model that incorporates cybersecurity and blockchain adoption factors relevant to the supply chain industry is proposed. This study proposed to employ a quantitative approach via survey data collected from supply chain professionals. Additionally, the findings suggest that cybersecurity concerns including technological, organizational, and environmental factors significantly affect the adoption of Blockchain. This research concludes with a strategic recommendation to enhance adoption by including the critical factors.
KW - Adoption Model
KW - Blockchain
KW - Supply Chain Management
KW - TOE
KW - UTAUT
UR - https://www.scopus.com/pages/publications/85219586875
U2 - 10.1145/3708622.3708629
DO - 10.1145/3708622.3708629
M3 - Conference contribution
AN - SCOPUS:85219586875
T3 - ICBTA 2024 - 2024 7th International Conference on Blockchain Technology and Applications
SP - 60
EP - 65
BT - ICBTA 2024 - 2024 7th International Conference on Blockchain Technology and Applications
PB - Association for Computing Machinery, Inc
Y2 - 6 December 2024 through 8 December 2024
ER -