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Empirical research on the blockchain adoption – based on TAM

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  • Na Liu
  • Zuoliang Ye

Abstract

Among the modern digital technologies that are reshaping many aspects of our society, blockchain is one of the most innovative, and this cutting-edge technology has drawn a great deal of public attention. However, little research is available on the actual effect of trust, which is a key core attraction for the blockchain technology. Furthermore, few studies have investigated the relationship between trust and user acceptance. In this paper, we develop a research model based on the technology acceptance model (TAM) and the core features of blockchain technology, and we conduct an empirical study. We collect 254 questionnaires about blockchain applications and analyse the responses with SmartPLS3.0. The results show that constructs such as trust and information quality have positive effects on the users’ behavioural intentions, except in terms of output quality. The findings have both theoretical significance and empirical insights, which will be helpful for the further development of blockchain theory while guiding the operation of relevant enterprises.

Suggested Citation

  • Na Liu & Zuoliang Ye, 2021. "Empirical research on the blockchain adoption – based on TAM," Applied Economics, Taylor & Francis Journals, vol. 53(37), pages 4263-4275, August.
    • Handle: RePEc:taf:applec:v:53:y:2021:i:37:p:4263-4275
    DOI: 10.1080/00036846.2021.1898535
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    Cited by:

    1. Aurélie Corne & Véronique Massot & Saida Merasli, 2023. "The determinants of the adoption of blockchain technology in the tourism sector and metaverse perspectives," Information Technology & Tourism, Springer, vol. 25(4), pages 605-633, December.
    2. Serdar Alnıpak & Yavuz Toraman, 2024. "Analysing the intention to use blockchain technology in payment transactions of Turkish maritime industry," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(3), pages 2103-2123, June.
    3. Chueh, Hao-En & Huang, Duen-Huang, 2023. "Usage intention model of digital assessment systems," Journal of Business Research, Elsevier, vol. 156(C).
    4. Zhigang Wang & Dan Fang & Xintao Liu & Lei Zhang & Hongyan Duan & Chao Wang & Kai Guo, 2023. "Consumer Acceptance of Sports Wearables: The Role of Products Attributes," SAGE Open, , vol. 13(3), pages 21582440231, July.
    5. Yi-Hsiang Lu & Ching-Chiang Yeh & Yu-Mei Kuo, 2024. "Exploring the critical factors affecting the adoption of blockchain: Taiwan’s banking industry," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 10(1), pages 1-25, December.
    6. Tanković Ana Čuić & Prodan Marina Perišić & Benazić Dragan, 2023. "Consumer Segments in Blockchain Technology Adoption," South East European Journal of Economics and Business, Sciendo, vol. 18(2), pages 162-172, December.
    7. Drăgan, George Bogdan & Ben Arfi, Wissal & Tiberius, Victor & Ammari, Aymen & Khvatova, Tatiana, 2025. "Navigating the green wave: Understanding behavioral antecedents of sustainable cryptocurrency investment," Technological Forecasting and Social Change, Elsevier, vol. 210(C).
    8. Ana Čuić Tanković & Marina Perišić Prodan, 2024. "Digital Natives' Attitudes towards Blockchain Technology Usage," Central European Business Review, Prague University of Economics and Business, vol. 2024(3), pages 75-93.
    9. Ying Teng & Kuo-Chung Shang & Hui-Chih Wang & Szu-Yu Kuo & Chin-Shan Lu, 2025. "The implementation of blockchain adoption in China’s manufacturing industry: the technology organization environment (TOE) method," Palgrave Communications, Palgrave Macmillan, vol. 12(1), pages 1-11, December.
    10. Abhishek Behl & Brinda Sampat & Vijay Pereira & Nirma Sadamali Jayawardena & Benjamin Laker, 2024. "Investigating the role of data-driven innovation and information quality on the adoption of blockchain technology on crowdfunding platforms," Annals of Operations Research, Springer, vol. 333(2), pages 1103-1132, February.
    11. Gao Jingzu & Long Siyu & Wu Mengling & Qing Yang & Abdullah Al Mamun & Naeem Hayat, 2024. "Sustainable entrepreneurship through customer satisfaction and reuse intention of online food delivery applications: insights from China," Journal of Innovation and Entrepreneurship, Springer, vol. 13(1), pages 1-22, December.

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