ASystematic Review on Blockchain Adoption
Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
MDPI
Abstract
: Blockchain technologies have received considerable attention from academia and industry
due to their distinctive characteristics, such as data integrity, security, decentralization, and reli
ability. However, their adoption rate is still scarce, which is one of the primary reasons behind
conducting studies related to users’ satisfaction and adoption. Determining what impacts the use and
adoption of Blockchain technologies can efficiently address their adoption challenges. Hence, this
systematic review aimed to review studies published on Blockchain technologies to offer a thorough
understanding of what impacts their adoption and discuss the main challenges and opportunities
across various sectors. From 902 studies collected, 30 empirical studies met the eligibility criteria and
were thoroughly analyzed. The results confirmed that the technology acceptance model (TAM) and
technology–organization–environment (TOE) were the most common modelsforstudying Blockchain
adoption. Apart from the core variables of these two models, the results indicated that trust, perceived
cost, social influence, and facilitating conditions were the significant determinants influencing several
Blockchain applications. The results also revealed that supply chain management is the main domain
in which Blockchain applications were adopted. Further, the results indicated inadequate exposure to studying the actual use of Blockchain technologies and their continued use. It is also essential to
report that existing studies have examined the adoption of Blockchain technologies from the lens of
the organizational level, with little attention paid to the individual level. This review is believed to
improve our understanding by revealing the full potential of Blockchain adoption and opening the
door for further research opportunities.
Description
Keywords
Blockchain; technology adoption theories; technology adoption models; systematic review
Citation
AlShamsi, M., Al-Emran, M. and Shaalan, K. (2022) “A Systematic Review on Blockchain Adoption,” Applied Sciences, 12(9), p. 4245.