IDEAS home Printed from https://ideas.repec.org/a/spr/scient/v120y2019i3d10.1007_s11192-019-03170-4.html
   My bibliography  Save this article

The rise of “blockchain”: bibliometric analysis of blockchain study

Author

Listed:
  • Ahmad Firdaus

    (Universiti Malaysia Pahang)

  • Mohd Faizal Ab Razak

    (Universiti Malaysia Pahang)

  • Ali Feizollah

    (University of Malaya)

  • Ibrahim Abaker Targio Hashem

    (Taylor’s University)

  • Mohamad Hazim

    (University of Malaya)

  • Nor Badrul Anuar

    (University of Malaya)

Abstract

The blockchain is a technology which accumulates and compiles data into a chain of multiple blocks. Many blockchain researchers are adopting it in multiple areas. However, there are still lacks bibliometric reports exhibiting the exploration of an in-depth research pattern in blockchain. This paper aims to address that gap by analyzing the widespread of blockchain research activities conducted thus far. This study analyzed the Scopus database by using bibliometric analysis in a pool of more than 1000 articles that were published between 2013 and 2018. In particular, this paper discusses various aspects of blockchain research conducted by researchers globally. This study also focuses on the utilization of blockchain and its consensus algorithms. This bibliometric analysis discovered the following: (1) Blockchain able to solve security issues in internet of things (IoT) and would be an increasing trend in the future; (2) Researchers begin to adopt blockchain in healthcare area; (3) The most active country in blockchain publication is United States, followed by China and Germany; (4) Switzerland and Singapore are two small size countries that published few publications, however receives many citations. (5) Research collaborations between countries increased the research publications except for Canada, India, and Brazil. (6) Keyword analysis revealed that researchers are adopting blockchain to solve problems in multiple categories of the data research area (data privacy, digital storage, the security of data, big data, and distributed database). This study also highlighted the utilization and consensus of the algorithm in blockchain research.

Suggested Citation

  • Ahmad Firdaus & Mohd Faizal Ab Razak & Ali Feizollah & Ibrahim Abaker Targio Hashem & Mohamad Hazim & Nor Badrul Anuar, 2019. "The rise of “blockchain”: bibliometric analysis of blockchain study," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 1289-1331, September.
  • Handle: RePEc:spr:scient:v:120:y:2019:i:3:d:10.1007_s11192-019-03170-4
    DOI: 10.1007/s11192-019-03170-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11192-019-03170-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11192-019-03170-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Aria, Massimo & Cuccurullo, Corrado, 2017. "bibliometrix: An R-tool for comprehensive science mapping analysis," Journal of Informetrics, Elsevier, vol. 11(4), pages 959-975.
    2. Domingo Docampo & Lawrence Cram, 2019. "Highly cited researchers: a moving target," Scientometrics, Springer;Akadémiai Kiadó, vol. 118(3), pages 1011-1025, March.
    3. Kshetri, Nir, 2017. "Blockchain's roles in strengthening cybersecurity and protecting privacy," Telecommunications Policy, Elsevier, vol. 41(10), pages 1027-1038.
    4. da Silva Filho, Antônio Carlos & Maganini, Natália Diniz & de Almeida, Eduardo Fonseca, 2018. "Multifractal analysis of Bitcoin market," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 512(C), pages 954-967.
    5. Danielle H. Lee, 2019. "Predictive power of conference-related factors on citation rates of conference papers," Scientometrics, Springer;Akadémiai Kiadó, vol. 118(1), pages 281-304, January.
    6. Wu, Di & Liu, Xiang-dong & Yan, Xiang-bin & Peng, Rui & Li, Gang, 2019. "Equilibrium analysis of bitcoin block withholding attack: A generalized model," Reliability Engineering and System Safety, Elsevier, vol. 185(C), pages 318-328.
    7. Tahereh Dehdarirad & Anna Villarroya & Maite Barrios, 2015. "Research on women in science and higher education: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 103(3), pages 795-812, June.
    8. Fahimnia, Behnam & Sarkis, Joseph & Davarzani, Hoda, 2015. "Green supply chain management: A review and bibliometric analysis," International Journal of Production Economics, Elsevier, vol. 162(C), pages 101-114.
    9. Seong-Kyu Kim & Ung-Mo Kim & Jun-Ho Huh, 2019. "A Study on Improvement of Blockchain Application to Overcome Vulnerability of IoT Multiplatform Security," Energies, MDPI, vol. 12(3), pages 1-29, January.
    10. Mohamad Hazim & Nor Badrul Anuar & Mohd Faizal Ab Razak & Nor Aniza Abdullah, 2018. "Detecting opinion spams through supervised boosting approach," PLOS ONE, Public Library of Science, vol. 13(6), pages 1-23, June.
    11. Hughes, Alex & Park, Andrew & Kietzmann, Jan & Archer-Brown, Chris, 2019. "Beyond Bitcoin: What blockchain and distributed ledger technologies mean for firms," Business Horizons, Elsevier, vol. 62(3), pages 273-281.
    12. Olesia Iefremova & Kamil Wais & Marcin Kozak, 2018. "Biographical articles in scientific literature: analysis of articles indexed in Web of Science," Scientometrics, Springer;Akadémiai Kiadó, vol. 117(3), pages 1695-1719, December.
    13. Péter L Juhász & József Stéger & Dániel Kondor & Gábor Vattay, 2018. "A Bayesian approach to identify Bitcoin users," PLOS ONE, Public Library of Science, vol. 13(12), pages 1-21, December.
    14. Mao, Guozhu & Zou, Hongyang & Chen, Guanyi & Du, Huibin & Zuo, Jian, 2015. "Past, current and future of biomass energy research: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1823-1833.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pooi-Mun Wong & Shreya R. K. Sinha & Chee-Kong Chui, 2021. "Blockchain in manufacturing quality control: A computer simulation study," PLOS ONE, Public Library of Science, vol. 16(3), pages 1-23, March.
    2. Emilio Abad-Segura & Alfonso Infante-Moro & Mariana-Daniela González-Zamar & Eloy López-Meneses, 2021. "Blockchain Technology for Secure Accounting Management: Research Trends Analysis," Mathematics, MDPI, vol. 9(14), pages 1-26, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Abderahman Rejeb & Karim Rejeb & Steve Simske & Horst Treiblmaier, 2021. "Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review," Logistics, MDPI, vol. 5(4), pages 1-28, October.
    2. Dharmani, Pranav & Das, Satyasiba & Prashar, Sanjeev, 2021. "A bibliometric analysis of creative industries: Current trends and future directions," Journal of Business Research, Elsevier, vol. 135(C), pages 252-267.
    3. Luís Lima Santos & Lucília Cardoso & Noelia Araújo-Vila & Jose A. Fraiz-Brea, 2020. "Sustainability Perceptions in Tourism and Hospitality: A Mixed-Method Bibliometric Approach," Sustainability, MDPI, vol. 12(21), pages 1-18, October.
    4. Sandip Solanki & Seema Singh & Meeta Joshi, 2023. "A Bibliometric Analysis of the International Journal of Energy Economics and Policy: 2013-2022," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 260-270, September.
    5. Samuel Fosso Wamba, 2022. "Humanitarian supply chain: a bibliometric analysis and future research directions," Annals of Operations Research, Springer, vol. 319(1), pages 937-963, December.
    6. Biman Darshana Hettiarachchi & Stefan Seuring & Marcus Brandenburg, 2022. "Industry 4.0-driven operations and supply chains for the circular economy: a bibliometric analysis," Operations Management Research, Springer, vol. 15(3), pages 858-878, December.
    7. Syed Asif Raza, 2022. "A bibliometric analysis of pricing models in supply chain," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 21(2), pages 228-251, April.
    8. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    9. Yakath Ali, Nurul Syuhadah & Yu, Chunyan & See, Kok Fong, 2021. "Four decades of airline productivity and efficiency studies: A review and bibliometric analysis," Journal of Air Transport Management, Elsevier, vol. 96(C).
    10. Goodell, John W. & Kumar, Satish & Lahmar, Oumaima & Pandey, Nitesh, 2023. "A bibliometric analysis of cultural finance," International Review of Financial Analysis, Elsevier, vol. 85(C).
    11. Bretas, Vanessa P.G. & Alon, Ilan, 2021. "Franchising research on emerging markets: Bibliometric and content analyses," Journal of Business Research, Elsevier, vol. 133(C), pages 51-65.
    12. Silvia Blasi & Silvia Rita Sedita, 2019. "Mapping the emergence of a new research field: an exploration of the intellectual structure of the B Corp research," "Marco Fanno" Working Papers 0236, Dipartimento di Scienze Economiche "Marco Fanno".
    13. Secinaro, Silvana & Brescia, Valerio & Lanzalonga, Federico & Santoro, Gabriele, 2022. "Smart city reporting: A bibliometric and structured literature review analysis to identify technological opportunities and challenges for sustainable development," Journal of Business Research, Elsevier, vol. 149(C), pages 296-313.
    14. Shobhana Chandra & Sanjeev Verma, 2023. "Big Data and Sustainable Consumption: A Review and Research Agenda," Vision, , vol. 27(1), pages 11-23, February.
    15. S. M. Shamsul Alam & Mohammad Abdul Matin Chowdhury & Dzuljastri Bin Abdul Razak, 2021. "Research evolution in banking performance: a bibliometric analysis," Future Business Journal, Springer, vol. 7(1), pages 1-19, December.
    16. García-Lillo, Francisco & Seva-Larrosa, Pedro & Sánchez-García, Eduardo, 2023. "What is going on in entrepreneurship research? A bibliometric and SNA analysis," Journal of Business Research, Elsevier, vol. 158(C).
    17. Fosso Wamba, Samuel & Bawack, Ransome Epie & Guthrie, Cameron & Queiroz, Maciel M. & Carillo, Kevin Daniel André, 2021. "Are we preparing for a good AI society? A bibliometric review and research agenda," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    18. Kaushik, Vineet & Tewari, Shobha & Sahasranamam, Sreevas & Hota, Pradeep Kumar, 2023. "Towards a precise understanding of social entrepreneurship: An integrated bibliometric–machine learning based review and research agenda," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    19. Centobelli, Piera & Cerchione, Roberto & Esposito, Emilio & Oropallo, Eugenio, 2021. "Surfing blockchain wave, or drowning? Shaping the future of distributed ledgers and decentralized technologies," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    20. Syed Asif Raza & Rafi Ashrafi & Ali Akgunduz, 2020. "A bibliometric analysis of revenue management in airline industry," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 19(6), pages 436-465, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:120:y:2019:i:3:d:10.1007_s11192-019-03170-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.