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Digital enablement of blockchain: Evidence from HNA group

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  • Ying, Wenchi
  • Jia, Suling
  • Du, Wenyu

Abstract

Blockchain, the distributed ledger underlying bitcoin, has attracted much attention and stimulated rich discussions. However, extant discussions are mostly conceptual expositions, and empirical evidence of how to use the technology is limited. This case analysis fills this gap by conducting a study on Hainan Airlines (HNA) group, a large conglomerate, which has successfully implemented a blockchain-enabled E-commerce platform to offer employees flexible benefits. The case study unveils that blockchain of value in three ways: 1) issuing cryptocurrency, 2) protecting sensitive information, and 3) eliminating institutional intermediaries. These findings provide a reference point for IT and general managers who intend to use blockchain to digitally enable their organizations further.

Suggested Citation

  • Ying, Wenchi & Jia, Suling & Du, Wenyu, 2018. "Digital enablement of blockchain: Evidence from HNA group," International Journal of Information Management, Elsevier, vol. 39(C), pages 1-4.
    • Handle: RePEc:eee:ininma:v:39:y:2018:i:c:p:1-4
    DOI: 10.1016/j.ijinfomgt.2017.10.004
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    References listed on IDEAS

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    1. Marringer, M.W. & Milkovich, G.T., 1997. "A Theoretical Exploration of the Adoption and design of Flexible Benefit Plans: A Case of Human Resource Innovation," Papers 97-22, Cornell - Center for Advanced Human Resource Studies.
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    Cited by:

    1. Zhang, Jian & Zhang, Xuanjian & Liu, Wei & Ji, Ming & Mishra, Arunodaya Raj, 2022. "Critical success factors of blockchain technology to implement the sustainable supply chain using an extended decision-making approach," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    2. Chen, R. & Chen, K. & Ou, Carol, 2023. "Facilitating interorganizational trust in strategic alliances by leveraging blockchain-based systems: Case studies of two eastern banks," Other publications TiSEM 85ecf99c-76f0-416e-9604-d, Tilburg University, School of Economics and Management.
    3. Gang Li & Chih-Cheng Fang, 2022. "Exploring factors that influence information resources sharing intention via the perspective of consensus perception of blockchain," Information Technology and Management, Springer, vol. 23(1), pages 23-38, March.
    4. Vinay Surendra Yadav & A. R. Singh & Rakesh D. Raut & Naoufel Cheikhrouhou, 2023. "Blockchain drivers to achieve sustainable food security in the Indian context," Annals of Operations Research, Springer, vol. 327(1), pages 211-249, August.
    5. Manisha C. Abeysekera & Priyantha Kumarawadu, 2022. "Analysis of factors influencing blockchain implementation in finance sector in Sri Lanka," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 12(2), pages 3-14.
    6. Bin Fang & Xinming Liu & Chen Ma & Yusang Zhuo, 2023. "Blockchain technology adoption and accounting information quality," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(4), pages 4125-4156, December.
    7. Yousefi, Samuel & Mohamadpour Tosarkani, Babak, 2022. "An analytical approach for evaluating the impact of blockchain technology on sustainable supply chain performance," International Journal of Production Economics, Elsevier, vol. 246(C).
    8. Teck Ming Tan & Jari Salo, 2023. "Ethical Marketing in the Blockchain-Based Sharing Economy: Theoretical Integration and Guiding Insights," Journal of Business Ethics, Springer, vol. 183(4), pages 1113-1140, April.
    9. Zhongmiao Sun & Qi Xu & Jinrong Liu, 2023. "Dynamic Incentive Contract of Government for Port Enterprises to Reduce Emissions in the Blockchain Era: Considering Carbon Trading Policy," Sustainability, MDPI, vol. 15(16), pages 1-40, August.
    10. Pedro Azevedo & Jorge Gomes & Mário Romão, 2023. "Supply chain traceability using blockchain," Operations Management Research, Springer, vol. 16(3), pages 1359-1381, September.
    11. Soumyadeb Chowdhury & Oscar Rodriguez-Espindola & Prasanta Dey & Pawan Budhwar, 2023. "Blockchain technology adoption for managing risks in operations and supply chain management: evidence from the UK," Annals of Operations Research, Springer, vol. 327(1), pages 539-574, August.
    12. Venkataiah Chittipaka & Satish Kumar & Uthayasankar Sivarajah & Jana Lay-Hwa Bowden & Manish Mohan Baral, 2023. "Blockchain Technology for Supply Chains operating in emerging markets: an empirical examination of technology-organization-environment (TOE) framework," Annals of Operations Research, Springer, vol. 327(1), pages 465-492, August.
    13. Himanshu Gupta & Manjeet Kharub & Kumar Shreshth & Ashwani Kumar & Donald Huisingh & Anil Kumar, 2023. "Evaluation of strategies to manage risks in smart, sustainable agri‐logistics sector: A Bayesian‐based group decision‐making approach," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4335-4359, November.
    14. Giovanna Centorrino & Guido Noto & Daniela Rupo, 2022. "Management control in inter-firm relationships: Opportunities and challenges of blockchain technology adoption," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2022(3), pages 65-88.
    15. Vincent Tawiah & Abdulrasheed Zakari & Guo Li & Anthony Kyiu, 2022. "Blockchain technology and environmental efficiency: Evidence from US‐listed firms," Business Strategy and the Environment, Wiley Blackwell, vol. 31(8), pages 3757-3768, December.
    16. Archana A Mukherjee & Rajesh Kumar Singh & Ruchi Mishra & Surajit Bag, 2022. "Application of blockchain technology for sustainability development in agricultural supply chain: justification framework," Operations Management Research, Springer, vol. 15(1), pages 46-61, June.
    17. Christopher Odu, 2022. "Blockchain As A Disruptive Technology In Nigeria’S Fintech Ecosystem," Information Management and Computer Science (IMCS), Zibeline International Publishing, vol. 5(1), pages 03-10, August.
    18. Sodhro, Ali Hassan & Luo, Zongwei & Sangaiah, Arun Kumar & Baik, Sung Wook, 2019. "Mobile edge computing based QoS optimization in medical healthcare applications," International Journal of Information Management, Elsevier, vol. 45(C), pages 308-318.
    19. Sahebi, Iman Ghasemian & Mosayebi, Alireza & Masoomi, Behzad & Marandi, Fatemeh, 2022. "Modeling the enablers for blockchain technology adoption in renewable energy supply chain," Technology in Society, Elsevier, vol. 68(C).
    20. Mahmoona Khalil & Kausar Fiaz Khawaja & Muddassar Sarfraz, 2022. "The adoption of blockchain technology in the financial sector during the era of fourth industrial revolution: a moderated mediated model," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(4), pages 2435-2452, August.
    21. Ferdaws Ezzi & Anis Jarboui & Khaireddine Mouakhar, 2023. "Exploring the Relationship Between Blockchain Technology and Corporate Social Responsibility Performance: Empirical Evidence from European Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1227-1248, June.
    22. Wu Zhao & Zhiye Liang & Binrong Li, 2022. "Realizing a Rural Sustainable Development through a Digital Village Construction: Experiences from China," Sustainability, MDPI, vol. 14(21), pages 1-26, October.
    23. Ying, Wenchi & Pee, Loo Geok & Jia, Suling, 2018. "Social informatics of intelligent manufacturing ecosystems: A case study of KuteSmart," International Journal of Information Management, Elsevier, vol. 42(C), pages 102-105.

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