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A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

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  • Hamed Taherdoost

    (Hamta Business Corporation)

Abstract

Blockchain is a promising breakthrough technology that is highly applicable in manifold sectors. The adoption of blockchain technology is accompanied by a range of issues and challenges that make its implementation complicated. To facilitate the successful implementation of blockchain technology, several blockchain adoption frameworks have been developed. However, selecting the appropriate framework based on the conformity of its features with the business sector may be challenging for decision-makers. This study aims to provide a systematic literature review to introduce the adoption frameworks that are most used to assess blockchain adoption and realize business sectors that these models have been applied. Thus, the blockchain adoption models in 56 articles are reviewed and the results of the studies are summarized by categorizing the articles into five main sections including supply chain, industries, financial sector, cryptocurrencies, and other articles (excluded from the former fields). The findings of the study show that the models based on the technology acceptance model (TAM), technology-organization-environment (TOE), and new conceptual frameworks were the focus of the majority of selected articles. Most of the articles have focused on blockchain adoption in different industry fields and supply chain areas.

Suggested Citation

  • Hamed Taherdoost, 2022. "A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications," Post-Print hal-03741851, HAL.
    • Handle: RePEc:hal:journl:hal-03741851
    DOI: 10.3390/computers11020024
    Note: View the original document on HAL open archive server: https://hal.science/hal-03741851
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    References listed on IDEAS

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    1. Balzarova, Michaela & Dyer, Celia & Falta, Michael, 2022. "Perceptions of blockchain readiness for fairtrade programmes," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    2. Peter Sasitharan Gandhi Maniam & Catherine Prentice & Anne-Marie Sassenberg & Jeffrey Soar, 2023. "Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector," Logistics, MDPI, vol. 7(3), pages 1-19, September.

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    Keywords

    blockchain technology; acceptance model; adoption model; blockchain adoption; blockchain acceptance; blockchain acceptance model; blockchain acceptance framework; narrative review;
    All these keywords.

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