Evaluating the factors that influence blockchain adoption in the freight logistics industry

Ifeyinwa Juliet Orji, Simonov Kusi-Sarpong, Shuangfa Huang, Diego Alfonso Vazquez-Brust

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Abstract

This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that ‘availability of specific blockchain tools’, ‘infrastructural facility’, and ‘government policy and support’ are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.
Original languageEnglish
Article number102025
Number of pages26
JournalTransportation Research Part E: Logistics and Transportation Review
Volume141
Early online date19 Jul 2020
DOIs
Publication statusPublished - 1 Sep 2020

Keywords

  • Freight logistics industry
  • Technology adoption
  • Blockchain
  • Analytic Network Process (ANP)
  • TOE

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