Investigating barriers to blockchain adoption in construction supply chain management: A fuzzy-based MCDM approach

This study aims to investigate the barriers to the adoption of Blockchain Technology (BT) within the field of Construction Supply Chain Management (CSCM) by unravelling their interrelationships. In doing so, a Pythagorean fuzzy-set-based DEMATEL method to assess these barriers in a complex environme...

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Bibliographic Details
Published in:Technological forecasting & social change 2023-11, Vol.196, p.122849, Article 122849
Main Authors: Singh, Atul Kumar, Kumar, V.R. Prasath, Dehdasht, Gholamreza, Mohandes, Saeed Reza, Manu, Patrick, Pour Rahimian, Farzad
Format: Article
Language:English
Subjects:
Blockchain
Construction supply chain
DEMATEL
Fuzzy sets
Multi-criteria decision-making
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Summary:This study aims to investigate the barriers to the adoption of Blockchain Technology (BT) within the field of Construction Supply Chain Management (CSCM) by unravelling their interrelationships. In doing so, a Pythagorean fuzzy-set-based DEMATEL method to assess these barriers in a complex environment is proposed. The results of the study suggest that “market-based risks”, “high costs for maintaining sustainability”, and “usage in the underground economy” are the most influential barriers to the adoption of BT in CSCM. Furthermore, the study identifies that “inadequate knowledge/employee training”, “contractual risk”, and “scalability issues” play a pivotal role within the CSCM system. The reliability and validation of the obtained results were also shown using sensitivity analysis and the focus-group-discussion approach. The findings of this study provide valuable insights for stakeholders in the construction industry to design and implement effective measures to overcome the identified barriers to the adoption of BT in CSCM. By addressing these barriers, stakeholders can facilitate the adoption of BT, leading to more efficient and effective construction supply chain management practices. •Barriers of blockchain technology within supply chain management are identified.•The interrelationships among barriers of supply chain management are unraveled.•The most influential barriers are market-based risks and financial-related issues.•Inadequate knowledge and contractual risk have the highest centrality roles.
ISSN:0040-1625
1873-5509
DOI:10.1016/j.techfore.2023.122849