Blockchain adoption factors

Blockchain technology is a distributed ledger that promises transformative changes across various sectors, yet its adoption and integrations in small and medium-sized organizations remain limited. This study investigates the factors that influence the adoption of blockchain technology, emphasizing...

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Main Authors: Carlos Bernardino, Francisco Cesário, Carlos J. Costa, Manuela Aparicio, João Tiago Aparicio
Format: Article
Language:English
Published: UMinho Editora 2025-01-01
Series:International Journal of Information Systems and Project Management
Subjects:
Online Access:https://revistas.uminho.pt/index.php/ijispm/article/view/6232
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author Carlos Bernardino
Francisco Cesário
Carlos J. Costa
Manuela Aparicio
João Tiago Aparicio
author_facet Carlos Bernardino
Francisco Cesário
Carlos J. Costa
Manuela Aparicio
João Tiago Aparicio
author_sort Carlos Bernardino
collection DOAJ
description Blockchain technology is a distributed ledger that promises transformative changes across various sectors, yet its adoption and integrations in small and medium-sized organizations remain limited. This study investigates the factors that influence the adoption of blockchain technology, emphasizing the significance of Trust and Security as key moderators. Using a questionnaire distributed to a diverse group of employees and analyzing responses through Structural Equation Modeling (SEM-PLS), we constructed a predictive model of blockchain adoption. Our analysis reveals that Performance Expectancy and Social Influence positively affect the intention to adopt blockchain, indicating that perceived effectiveness and peer support drive adoption. Trust significantly enhances this intention, underscoring the importance of confidence in the technology's reliability and security. Environmental Concerns present a barrier, suggesting sustainability perceptions can deter adoption. This study conclusively demonstrates that promoting trust, addressing environmental sustainability, and leveraging social influence are pivotal for accelerating blockchain adoption in small and medium-sized organizations.
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publisher UMinho Editora
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series International Journal of Information Systems and Project Management
spelling doaj-art-e962cfcdc4484c4daeab4d280202b7942025-01-28T12:21:33ZengUMinho EditoraInternational Journal of Information Systems and Project Management2182-77882025-01-0113110.12821/ijispm130103Blockchain adoption factorsCarlos Bernardino0Francisco Cesário1Carlos J. Costa2Manuela Aparicio3João Tiago Aparicio4Advance/ISEG (Lisbon School of Economics and Management)ISEG (Lisbon School of Economics and Management)Advance/ISEG (Lisbon School of Economics and Management)NOVA Information Management School (NOVA IMS), Universidade Nova de LisboaINESC-ID, Instituto Superior Técnico, University of Lisbon Blockchain technology is a distributed ledger that promises transformative changes across various sectors, yet its adoption and integrations in small and medium-sized organizations remain limited. This study investigates the factors that influence the adoption of blockchain technology, emphasizing the significance of Trust and Security as key moderators. Using a questionnaire distributed to a diverse group of employees and analyzing responses through Structural Equation Modeling (SEM-PLS), we constructed a predictive model of blockchain adoption. Our analysis reveals that Performance Expectancy and Social Influence positively affect the intention to adopt blockchain, indicating that perceived effectiveness and peer support drive adoption. Trust significantly enhances this intention, underscoring the importance of confidence in the technology's reliability and security. Environmental Concerns present a barrier, suggesting sustainability perceptions can deter adoption. This study conclusively demonstrates that promoting trust, addressing environmental sustainability, and leveraging social influence are pivotal for accelerating blockchain adoption in small and medium-sized organizations. https://revistas.uminho.pt/index.php/ijispm/article/view/6232blockchainblockchain adoptiontechnology acceptancetechnology use behavior
spellingShingle Carlos Bernardino
Francisco Cesário
Carlos J. Costa
Manuela Aparicio
João Tiago Aparicio
Blockchain adoption factors
International Journal of Information Systems and Project Management
blockchain
blockchain adoption
technology acceptance
technology use behavior
title Blockchain adoption factors
title_full Blockchain adoption factors
title_fullStr Blockchain adoption factors
title_full_unstemmed Blockchain adoption factors
title_short Blockchain adoption factors
title_sort blockchain adoption factors
topic blockchain
blockchain adoption
technology acceptance
technology use behavior
url https://revistas.uminho.pt/index.php/ijispm/article/view/6232
work_keys_str_mv AT carlosbernardino blockchainadoptionfactors
AT franciscocesario blockchainadoptionfactors
AT carlosjcosta blockchainadoptionfactors
AT manuelaaparicio blockchainadoptionfactors
AT joaotiagoaparicio blockchainadoptionfactors