A Study on Sustainable Usage Intention of Blockchain in the Big Data Era: Logistics and Supply Chain Management Companies

The adoption of blockchain technology (BT) is becoming increasingly important to the logistics industry. It is expected to make the entire supply chain process more efficient and competitive by providing visibility, reliability, and economic viability. This study aims to explore factors influencing...

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Bibliographic Details
Published in:Sustainability 2020-12, Vol.12 (24), p.10670
Main Author: Park, Kwang O.
Format: Article
Language:English
Subjects:
Blockchain
Consortia
Digital currencies
Efficiency
Innovations
Literature reviews
Logistics
New technology
Peer to peer computing
Supply chain management
Supply chains
Sustainability
Technology Acceptance Model
Technology adoption
Visibility
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Summary:The adoption of blockchain technology (BT) is becoming increasingly important to the logistics industry. It is expected to make the entire supply chain process more efficient and competitive by providing visibility, reliability, and economic viability. This study aims to explore factors influencing the adoption of blockchain in the logistics industry and examine the effects of the reciprocal causal relationship between the identified factors. Empirical research aimed at understanding the functional characteristics of BT and bolstering its application is considerably lacking. This study, therefore, aims to examine the concepts and the types of BT based on a literature review related to blockchain. Factors affecting blockchain adoption are identified using a model, which was developed using the unified theory of acceptance and use of technology (UTAUT) and the technology-organization-environment (TOE) frameworks as well as a literature review. The results provide fundamental insights into the adoption of BT in the logistics industry by increasing the understanding of associated factors and underscoring the functional characteristics of this emerging technology.
ISSN:2071-1050
2071-1050
DOI:10.3390/su122410670