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Evaluating the factors that influence blockchain adoption in the freight logistics industry

Evaluating the factors that influence blockchain adoption in the freight logistics industry
Evaluating the factors that influence blockchain adoption in the freight logistics industry
This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that ‘availability of specific blockchain tools’, ‘infrastructural facility’, and ‘government policy and support’ are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.
Analytic Network Process (ANP), Blockchain, Freight logistics industry, TOE, Technology adoption
1366-5545
Orji, Ifeyinwa Juliet
4c8c903a-2be4-45fb-86ef-612de0d9db64
Kusi-Sarpong, Simonov
a7e68240-2b34-456e-9849-c01bd10c68f7
Huang, Shuangfa
9572da99-ae80-4e5d-83fc-209efb5a5d9c
Vazquez-Brust, Diego
ca19143c-80a9-4abb-8ee2-f09179d90987
Orji, Ifeyinwa Juliet
4c8c903a-2be4-45fb-86ef-612de0d9db64
Kusi-Sarpong, Simonov
a7e68240-2b34-456e-9849-c01bd10c68f7
Huang, Shuangfa
9572da99-ae80-4e5d-83fc-209efb5a5d9c
Vazquez-Brust, Diego
ca19143c-80a9-4abb-8ee2-f09179d90987

Orji, Ifeyinwa Juliet, Kusi-Sarpong, Simonov, Huang, Shuangfa and Vazquez-Brust, Diego (2020) Evaluating the factors that influence blockchain adoption in the freight logistics industry. Transportation Research Part E: Logistics and Transportation Review, 141, [102025]. (doi:10.1016/j.tre.2020.102025).

Record type: Article

Abstract

This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that ‘availability of specific blockchain tools’, ‘infrastructural facility’, and ‘government policy and support’ are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.

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Accepted/In Press date: 5 July 2020
e-pub ahead of print date: 19 July 2020
Published date: September 2020
Keywords: Analytic Network Process (ANP), Blockchain, Freight logistics industry, TOE, Technology adoption

Identifiers

Local EPrints ID: 442514
URI: http://eprints.soton.ac.uk/id/eprint/442514
ISSN: 1366-5545
PURE UUID: 9ab66fd5-eea5-4fc0-87b9-d3f83b05a306
ORCID for Simonov Kusi-Sarpong: ORCID iD orcid.org/0000-0003-1618-2518

Catalogue record

Date deposited: 17 Jul 2020 16:30
Last modified: 28 Apr 2022 05:32

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Contributors

Author: Ifeyinwa Juliet Orji
Author: Shuangfa Huang
Author: Diego Vazquez-Brust

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