International Journal of Computer Science & Network Security

International Journal of Computer Science & Network Security (국제컴퓨터통신보호논문지학회)
권호 표지
DOI QR코드

DOI QR Code

Strategic Business Values of the Blockchain Technology Market to Assist Professionals: Deployment Perspective

  • Waleed Rashideh (Department of Information System, College of Computer and Information Sciences, Imam Mohammad Ibn Saud Islamic University (IMSIU))
  • Received : 2023.02.05
  • Published : 2023.02.28
Download PDF
⟨ Previous Next ⟩

Abstract

It is difficult to transform a blockchain initiative from the feasibility stage to the fully commercialized the technology's products or services, especially considering the significant investment required and the lack of studies on the benefits and barriers from deployment perspective. Whereas some organizations have come up with their own solutions to moving beyond the feasibility stage, commercial applications do not yet exist and few organizations are willing to invest beyond the prototype phase and fill in the gap between the expected and actual business value of these types of projects. This study aims to develop a blockchain model using a survey to gather qualitative data on experts' opinions on the deployment of blockchain technology. Our model will measure how business professionals could take advantage of blockchain's disruptive technology to develop business opportunities. This study's contribution is to show blockchain technology's potential strategic business value. The findings from this exploration include the prospective for delivering comprehensions to businesses for different creating investment choices on the embracing of the blockchain technology.

Keywords

References

  1. Deliotte, "Deloitte's 2020 Global Blockchain Survey," 2020.
  2. J. Angelis and E. Ribeiro da Silva, "Blockchain adoption: A value driver perspective," Bus. Horiz., vol. 62, no. 3, pp. 307-314, May
  3. M. Holub and J. Johnson, "Bitcoin research across disciplines," Inf. Soc., vol. 34, no. 2, pp. 114-126, Mar. 2018. https://doi.org/10.1080/01972243.2017.1414094
  4. R. Beck, M. Avital, M. Rossi, and J. B. Thatcher, "Blockchain Technology in Business and Information Systems Research," Business and Information Systems Engineering, vol. 59, no. 6. Gabler Verlag, pp. 381-384, 01-Dec-2017. https://doi.org/10.1007/s12599-017-0505-1
  5. M. Higginson, M.-C. Nadeau, and K. Rajgopal, "Blockchain development and the Occam problem I McKinsey," 2019. [Online]. Available: https://www.mckinsey.com/industries/financial-services/ourinsights/blockchains-occam-problem. [Accessed: 23-Nov-2021].
  6. Y. Wang, M. Singgih, J. Wang, and M. Rit, "Making sense of blockchain technology: How will it transform supply chains?," Int. J. Prod. Econ., vol. 211, pp. 221-236, May 2019. https://doi.org/10.1016/j.ijpe.2019.02.002
  7. Axios, "Corporate America's blockchain and bitcoin fever is over - Axios," 2018. [Online]. Available: https://www.axios.com/corporate-america-blockchain-bitcoinfervor-over-fb13bc5c-81fd-4c12-8a7b-07ad107817ca.html. [Accessed: 14-May-2021].
  8. M. C. Lacity, "Addressing Key Challenges to Making Enterprise Blockchain Applications a Reality," MIS Q. Exec., vol. 17, no. 3, pp. 201-222, Sep. 2018.
  9. M. Kouhizadeh, S. Saberi, and J. Sarkis, "Blockchain technology and the sustainable supply chain: Theoretically exploring adoption barriers," Int. J. Prod. Econ., vol. 231, p. 107831, Jan. 2021.
  10. M. M. Queiroz, S. Fosso Wamba, M. De Bourmont, and R. Telles, "Blockchain adoption in operations and supply chain management: empirical evidence from an emerging economy," Int. J. Prod. Res., vol. 59, no. 20, pp. 6087-6103, 2021. https://doi.org/10.1080/00207543.2020.1803511
  11. H. Wang, K. Chen, and D. Xu, "A maturity model for blockchain adoption," Financ. Innov., vol. 2, no. 1, p. 12, Dec. 2016.
  12. A. K. Bhardwaj, A. Garg, and Y. Gajpal, "Determinants of Blockchain Technology Adoption in Supply Chains by Small and Medium Enterprises (SMEs) in India," Math. Probl. Eng., 2021.
  13. A. Upadhyay, J. O. Ayodele, A. Kumar, and J. A. Garza-Reyes, "A review of challenges and opportunities of blockchain adoption for operational excellence in the UK automotive industry," J. Glob. Oper. Strateg. Sourc., vol. 14, no. 1, pp. 7-60, 2021. https://doi.org/10.1108/JGOSS-05-2020-0024
  14. A. Malhotra, H. O'Neill, P. Stowell, H. O'Neill, and P. Stowell, "THINKING STRATEGICALLY ABOUT BLOCKCHAIN ADOPTION RISKS and RISK MITIGATION," Bus. Horiz., Feb. 2021.
  15. B. Biswas and R. Gupta, "Analysis of barriers to implement blockchain in industry and service sectors," Comput. Ind. Eng., vol. 136, pp. 225-241, Oct. 2019. https://doi.org/10.1016/j.cie.2019.07.005
  16. M. Janssen, V. Weerakkody, E. Ismagilova, U. Sivarajah, and Z. Irani, "A framework for analysing blockchain technology adoption: Integrating institutional, market and technical factors," Int. J. Inf. Manage., vol. 50, pp. 302-309, Feb. 2020. https://doi.org/10.1016/j.ijinfomgt.2019.08.012
  17. B. M. Barber and T. Odean, "All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors," Rev. Financ. Stud., vol. 21, no. 2, pp. 785-818, Apr. 2008. https://doi.org/10.1093/rfs/hhm079
  18. L. Hughes, Y. K. Dwivedi, S. K. Misra, N. P. Rana, V. Raghavan, and V. Akella, "Blockchain research, practice and policy: Applications, benefits, limitations, emerging research themes and research agenda," Int. J. Inf. Manage., vol. 49, no. April, pp. 114-129, Dec. 2019. https://doi.org/10.1016/j.ijinfomgt.2019.02.005
  19. E. Chapkanovska, "Blockchain Adoption [The LATEST Statistics of J2021] I Spendmenot," 2021. [Online]. Available: https://spendmenot.com/blog/blockchain-adoption/. [Accessed: 18-Oct-2021].
  20. N. Kshetri, "Will blockchain emerge as a tool to break the poverty chain in the Global South?," Third World Q., vol. 38, no. 8, pp. 1710-1732, Aug. 2017. https://doi.org/10.1080/01436597.2017.1298438
  21. M. Belotti, N. Bozic, G. Pujolle, and S. Secci, "A Vademecum on Blockchain Technologies: When, Which, and How," IEEE Commun. Surv. Tutorials, vol. 21, no. 4, pp. 3796-3838, Oct. 2019. https://doi.org/10.1109/COMST.2019.2928178
  22. A. Hughes, A. Park, J. Kietzmann, and C. Archer-Brown, "Beyond Bitcoin: What blockchain and distributed ledger technologies mean for firms," Bus. Horiz., vol. 62, no. 3, pp. 273-281, May 2019. https://doi.org/10.1016/j.bushor.2019.01.002
  23. E. Toufaily, T. Zalan, and S. Ben Dhaou, "A framework of blockchain technology adoption: An investigation of challenges and expected value," Inf. Manag., vol. 58, no. 3, p. 103444, Apr. 2021.
  24. M. Morini, "From 'Blockchain Hype' to a Real Business Case for Financial Markets," SSRN Electron. J., Apr. 2016.
  25. S. Kurpjuweit, C. G. Schmidt, M. Klockner, and S. M. Wagner, Blockchain in Additive Manufacturing and its Impact on Supply Chains, vol. 42, no. 1. Wiley-Blackwell, 2019, pp. 46-70. https://doi.org/10.1111/jbl.12231
  26. K. E. Weick, K. M. Sutcliffe, and D. Obstfeld, "Organizing and the process of sensemaking," Organization Science, vol. 16, no. 4. INFORMS , pp. 409-421, 01-Jul-2005. https://doi.org/10.1287/orsc.1050.0133
  27. W. Mougayar, "The Business Blockchain," 2016.
  28. Blockstuffs, "Top 10 countries to adopt blockchain technology - Blog - Block Stuffs I Complete stuffs on Blockchain," 2019.
  29. S. Kaplan and W. J. Orlikowski, "Temporal work in strategy making," Organ. Sci., vol. 24, no. 4, pp. 965-995, Jul. 2013. https://doi.org/10.1287/orsc.1120.0792
  30. D. Tapscott and A. Tapscott, "Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World," 2016.
  31. G. R. T. White, "Future applications of blockchain in business and management: A Delphi study," Strateg. Chang., vol. 26, no. 5, pp. 439-451, Sep. 2017. https://doi.org/10.1002/jsc.2144
  32. THE ECONOMIC TIMES, "Blockchain: ICICI, Kotak, Axis among 11 to launch blockchain-linked funding for SMEs - The Economic Times," 2019.
  33. V. Thiruchelvam, A. Shaka Mughisha, M. Shahpasand, and M. Bamiah, "Blockchain-based Technology in the Coffee Supply Chain Trade: Case of Burundi Coffee Performance analysis of 60-min to 1-min integration time rain rate conversion models in Malaysia View project Fluid Mechanics View project Blockchain-based Technology in the Coffee Supply Chain Trade: Case of Burundi Coffee," 2018.
  34. M. Iansiti and K. R. Lakhani, "The Truth About Blockchain: It will take years to transform business, but the journey begins now," Harv. Bus. Rev., pp. 117-128, 2017.
  35. K. W. Prewett, G. L. Prescott, and K. Phillips, "Blockchain adoption is inevitable-Barriers and risks remain," J. Corp. Account. Financ., vol. 31, no. 2, pp. 21-28, Apr. 2020. https://doi.org/10.1002/jcaf.22415
  36. Gartner, "Gartner Survey Reveals the Scarcity of Current Blockchain Deployments," 2018.
  37. D. Floyd, "Deloitte: 3 out of 4 Big Companies See 'Compelling' Case for Blockchain - CoinDesk," 2018.
  38. A. Sheel and V. Nath, "Effect of blockchain technology adoption on supply chain adaptability, agility, alignment and performance," Manag. Res. Rev., vol. 42, no. 12, pp. 1353-1374, 2019. https://doi.org/10.1108/MRR-12-2018-0490
  39. C. Callinan, A. Vega, T. Clohessy, and G. Heaslip, "Blockchain Adoption Factors, Enablers, and Barriers in Fisheries Supply Chain: Preliminary Findings from a Systematic Literature Review," J. Br. Blockchain Assoc., vol. 5, no. 1, p. 32437, Apr. 2022.
  40. S. F. Wamba and M. M. Queiroz, "Blockchain in the operations and supply chain management: Benefits, challenges and future research opportunities," International Journal of Information Management, vol. 52. Elsevier Ltd, p. 102064, 01-Jun-2020.
  41. A. A. Monrat, O. Schelen, and K. Andersson, "A survey of blockchain from the perspectives of applications, challenges, and opportunities," IEEE Access, vol. 7, pp. 117134-117151, 2019. https://doi.org/10.1109/ACCESS.2019.2936094
  42. J. Frizzo-Barker, P. A. Chow-White, P. R. Adams, J. Mentanko, D. Ha, and S. Green, "Blockchain as a disruptive technology for business: A systematic review," Int. J. Inf. Manage., vol. 51, p. 102029, Apr. 2020.
  43. N. Stockton, "China Launches National Blockchain Network in 100 Cities - IEEE Spectrum," 2020.
  44. O. Faridi, "Blockchain Adoption: Nearly All of China's Largest Financial Institutions are Using Distributed Ledger Technology," 2020.
  45. P. Saxena and S. Srivastava, "How to Determine the Blockchain App Development Cost?," 2019.
  46. T. Felin and K. Lakhani, What problems will you solve with blockchain? 2018.
  47. & B. Seffinga, Lyons, "Combining IOT and Blockchain technologies to upgrade social networks business model," Deloitte, 2017.
  48. D. Drescher, Blockchain Basics: A Non-Technical Introduction in 25 Steps: Drescher, Daniel: 9781484226032: Amazon.com: Books. 2017.
  49. W. Rashideh, "Blockchain technology framework: Current and future perspectives for the tourism industry," Tour. Manag., vol. 80, p. 104125, Oct. 2020.
  50. W. Rashideh, "Assessing the Role and Use of Blockchain Technology in the Hospitality and Leisure Industry," Int. J. Innov. Technol. Explor. Eng., vol. 10, no. 10, pp. 148-151, 2021. https://doi.org/10.35940/ijitee.J9441.08101021
  51. ReporterLinker, "Blockchain: Global Investment Analysis," 2019.
  52. W. Rashideh, M. Alkhathami, W. J. Obidallah, Y. Alduraywish, A. Alshammari, and A. Alsahli, "Investigation of the Effect of Blockchain-based Cryptocurrencies on Tourism Industry," Int. J. Comput. Sci. Netw. Secur., vol. 22, no. 5, pp. 234-244, 2022.
  53. M. Crosby, Nachiappan, P. Pattanayak, S. Verma, and V. Kalyanaraman, "BlockChain Technology: Beyond Bitcoin," no. 2, 2016.
  54. M. Montecchi, K. Plangger, and M. Etter, "It's real, trust me! Establishing supply chain provenance using blockchain," Bus. Horiz., vol. 62, no. 3, pp. 283-293, May 2019. https://doi.org/10.1016/j.bushor.2019.01.008
  55. V. J. Morkunas, J. Paschen, and E. Boon, "How blockchain technologies impact your business model," Bus. Horiz., vol. 62, no. 3, pp. 295-306, May 2019. https://doi.org/10.1016/j.bushor.2019.01.009
  56. A. Karamchandani, S. K. Srivastava, and R. K. Srivastava, "Perception-based model for analyzing the impact of enterprise blockchain adoption on SCM in the Indian service industry," Int. J. Inf. Manage., vol. 52, p. 102019, Jun. 2020.
  57. S. Melnychenko, N. Mazaraki, and T. Tkachuk, "Leading trends in tourism: blockchain in franchising," in 3rd International Conference on Social, Economic, and Academic Leadership (ICSEAL 2019), 2019, pp. 388-395.
  58. X. Pan, X. Pan, M. Song, B. Ai, and Y. Ming, "Blockchain technology and enterprise operational capabilities: An empirical test," Int. J. Inf. Manage., vol. 52, p. 101946, Jun. 2020.
  59. K. Fanning and D. P. Centers, "Blockchain and Its Coming Impact on Financial Services," J. Corp. Account. Financ., vol. 27, no. 5, pp. 53-57, Jul. 2016. https://doi.org/10.1002/jcaf.22179
  60. H. Treiblmaier and R. Beck, "Business Transformation through Blockchain Volume II," 2019.
  61. D. Berkowitz, "Twenty-Seven Ways Marketers Can Use Blockchain I Ad Age," 2017.
  62. V. Colaso, "(12) 10 multibillion dollar #blockchain ideas for the Housing Market I LinkedIn," 2016.
  63. V. Filimonau and E. Naumova, "The blockchain technology and the scope of its application in hospitality operations," Int. J. Hosp. Manag., vol. 87, p. 102383, May 2020.
  64. M. B. Hoy, "An Introduction to the Blockchain and Its Implications for Libraries and Medicine," Med. Ref. Serv. Q., vol. 36, no. 3, pp. 273-279, Jul. 2017. https://doi.org/10.1080/02763869.2017.1332261
  65. J. F. Galvez, J. C. Mejuto, and J. Simal-Gandara, "Future challenges on the use of blockchain for food traceability analysis," TrAC Trends Anal. Chem., vol. 107, pp. 222-232, Oct. 2018. https://doi.org/10.1016/j.trac.2018.08.011
  66. T. Wu and X. Liang, "Exploration and practice of inter-bank application based on blockchain," in ICCSE 2017 - 12th International Conference on Computer Science and Education, 2017, pp. 219-224.
  67. T. Clohessy and T. Acton, "Investigating the influence of organizational factors on blockchain adoption An innovation theory perspective The influence of organizational factors," Ind. Manag. Data Syst., vol. 119, no. 7, pp. 1457-1491, 2019. https://doi.org/10.1108/IMDS-08-2018-0365
  68. C. Bai and J. Sarkis, "A supply chain transparency and sustainability technology appraisal model for blockchain technology," Int. J. Prod. Res., vol. 58, no. 7, pp. 2142-2162, Apr. 2020. https://doi.org/10.1080/00207543.2019.1708989
  69. PwC, "pwc global digital iq survey 2017 - Google Scholar," 2017.
  70. L. Pawczuk, R. Massey, and D. Schatsky, "Breaking blockchain open Deloitte's 2018 global blockchain survey," 2018.
  71. IDC, "Enterprise Blockchain 2020," 2020.
  72. D. W. E. Allen, C. Berg, B. Markey-Towler, M. Novak, and J. Potts, "Blockchain and the evolution of institutional technologies: Implications for innovation policy," Res. Policy, vol. 49, no. 1, p. 103865, Feb. 2020.
  73. J. Z. Garrod, "The real world of the decentralized autonomous society," TripleC, vol. 14, no. 1, pp. 62-77, Feb. 2016. https://doi.org/10.31269/triplec.v14i1.692
  74. Outlier Ventures, "Investments in Blockchains 2019 - Outlier Ventures," 2019. [Online]. Available: https://www.slideshare.net/OVioHQ/investments-inblockchains-2019-outlier-ventures-163458637. [Accessed: 11-Jul-2021].
  75. E. Ducas and A. Wilner, "The security and financial implications of blockchain technologies: Regulating emerging technologies in Canada," Int. J., vol. 72, no. 4, pp. 538-562, Dec. 2017. https://doi.org/10.1177/0020702017741909
  76. M. MUSHARRAF, "Uncertain Regulations Block Indian Banks' Entry Into Crypto, Says Expert," 2020.
  77. A. O. J. Kwok and S. G. M. Koh, "Is blockchain technology a watershed for tourism development?," Curr. Issues Tour., vol. 22, no. 20, pp. 2447-2452, Dec. 2019. https://doi.org/10.1080/13683500.2018.1513460
  78. M. Risius and K. Spohrer, "A Blockchain Research Framework: What We (don't) Know, Where We Go from Here, and How We Will Get There," Bus. Inf. Syst. Eng., vol. 59, no. 6, pp. 385-409, 2017. https://doi.org/10.1007/s12599-017-0506-0
  79. S. Stein Smith, "Stablecoins & The Decentralized Organization," Springer, Cham, 2020, pp. 67-81.
  80. M. Sharma, R. Sehrawat, T. Daim, and A. Shaygan, "Technology assessment: Enabling Blockchain in hospitality and tourism sectors," Technol. Forecast. Soc. Change, vol. 169, p. 120810, Aug. 2021.
  81. G. Hileman and M. Rauchs, "2017 Global Blockchain Benchmarking Study," SSRN Electron. J., Apr. 2018.
  82. Y. Lu, "The blockchain: State-of-the-art and research challenges," Journal of Industrial Information Integration, vol. 15. Elsevier B.V., pp. 80-90, 01-Sep-2019. https://doi.org/10.1016/j.jii.2019.04.002
  83. L.-W. Wong, L.-Y. Leong, J.-J. Hew, G. W.-H. Tan, and K.-B. Ooi, "Time to seize the digital evolution: Adoption of blockchain in operations and supply chain management among Malaysian SMEs," Int. J. Inf. Manage., vol. 52, p. 101997, Jun. 2020.
  84. V. Chang, P. Baudier, H. Zhang, Q. Xu, J. Zhang, and M. Arami, "How Blockchain can impact financial services - The overview, challenges and recommendations from expert interviewees," Technol. Forecast. Soc. Change, vol. 158, p. 120166, Sep. 2020.
  85. D. Mathivathanan, K. Mathiyazhagan, N. P. Rana, S. Khorana, and Y. K. Dwivedi, "Barriers to the adoption of blockchain technology in business supply chains: a total interpretive structural modelling (TISM) approach," Int. J. Prod. Res., vol. 59, no. 11, pp. 3338-3359, Jun. 2021. https://doi.org/10.1080/00207543.2020.1868597
  86. Y. Guo and C. Liang, "Blockchain application and outlook in the banking industry," Financial Innovation, vol. 2, no. 1. SpringerOpen, pp. 1-12, 01-Dec-2016. https://doi.org/10.1186/s40854-015-0019-0
  87. P. Boucher, S. Nascimento, and M. Kritikos, "How blockchain technology could change our lives In-depth Analysis," 2017.
  88. T. John and M. Pam, "Complex Adaptive Blockchain Governance," MATEC Web Conf., vol. 223, p. 1010, 2018.
  89. P. Yeoh, "Regulatory issues in blockchain technology," J. Financ. Regul. Compliance, vol. 25, no. 2, pp. 196-208, 2017. https://doi.org/10.1108/JFRC-08-2016-0068
  90. L.-W. Wong, G. W.-H. Tan, V.-H. Lee, K.-B. Ooi, and A. Sohal, "Unearthing the determinants of Blockchain adoption in supply chain management," Int. J. Prod. Res., vol. 58, no. 7, pp. 2100-2123, Apr. 2020. https://doi.org/10.1080/00207543.2020.1730463
  91. European Investment Bank, "Artifcial intelligence, blockchain and the future of Europe: How disruptive technologies create opportunities for a green and digital economy," 2021.
  92. T. Mori, "Financial technology: Blockchain and securities settlement: Ingenta Connect," J. Secur. Oper. Custody, vol. 8, no. 3, pp. 208-227, 2016.
  93. M. Niranjanamurthy, B. N. Nithya, and S. Jagannatha, "Analysis of Blockchain technology: pros, cons and SWOT," Cluster Comput., vol. 22, no. 6, pp. 14743-14757, Nov. 2019. https://doi.org/10.1007/s10586-018-2387-5
  94. C. R. W. De Meijer, "Blockchain and standards: first things first!," 2016.
  95. K. Nam, C. S. Dutt, P. Chathoth, and M. S. Khan, "Blockchain technology for smart city and smart tourism: latest trends and challenges," Asia Pacific J. Tour. Res., vol. 26, no. 4, pp. 454-468, 2019. https://doi.org/10.1080/10941665.2019.1585376
  96. S. Olnes, J. Ubacht, and M. Janssen, "Blockchain in government: Benefits and implications of distributed ledger technology for information sharing," Gov. Inf. Q., vol. 34, no. 3, pp. 355-364, Sep. 2017. https://doi.org/10.1016/j.giq.2017.09.007
  97. M. Swan, Blockchain: Blueprint for a New Economy - Melanie Swan - Google Books. O'Reilly, 2015.
  98. Y. J. Kim and G. L. Sanders, "Strategic actions in information technology investment based on real option theory," Decis. Support Syst., vol. 33, no. 1, pp. 1-11, May 2002. https://doi.org/10.1016/S0167-9236(01)00134-8
  99. J. L. Bower and C. M. Christensen, "Disruptive Technologies: Catching the Wave," 1995.
  100. A. Savelyev, "Copyright in the blockchain era: Promises and challenges," Comput. Law Secur. Rev., vol. 34, no. 3, pp. 550- 561, Jun. 2018. https://doi.org/10.1016/j.clsr.2017.11.008
  101. K. K. Y. Kuan and P. Y. K. Chau, "A perception-based model for EDI adoption in small businesses using a technologyorganization-environment framework," Inf. Manag., vol. 38, no. 8, pp. 507-521, Oct. 2001. https://doi.org/10.1016/S0378-7206(01)00073-8
  102. W. Nowinski and M. Kozma, "How can blockchain technology disrupt the existing business models?," Entrep. Bus. Econ. Rev., vol. 5, no. 3, pp. 173-188, 2017. https://doi.org/10.15678/EBER.2017.050309
  103. M. Kizildag, T. Dogru, M. Amrish Mody, M. Altin, and A. Bulent Ozturk, "Blockchain: a paradigm shift in business practices Ozgur Ozdemir," Int. J. Contemp. Hosp. Manag., vol. 32, no. 3, pp. 953-975, 2020. https://doi.org/10.1108/IJCHM-12-2018-0958
  104. K. Rabah, "Convergence of AI, IoT, Big Data and Blockchain: A Review," Lake Inst. J., vol. 1, no. 1, pp. 1-18, 2018.
  105. P. Garg, B. Gupta, A. K. Chauhan, U. Sivarajah, S. Gupta, and S. Modgil, "Measuring the perceived benefits of implementing blockchain technology in the banking sector," Technol. Forecast. Soc. Change, vol. 163, p. 120407, Feb. 2021.
  106. X. Li, P. Jiang, T. Chen, X. Luo, and Q. Wen, "A survey on the security of blockchain systems," Futur. Gener. Comput. Syst., vol. 107, pp. 841-853, Jun. 2020. https://doi.org/10.1016/j.future.2017.08.020
  107. T. Ko, J. Lee, and D. Ryu, "Blockchain Technology and Manufacturing Industry: Real-Time Transparency and Cost Savings," Sustainability, vol. 10, no. 11, p. 4274, Nov. 2018.
  108. Z. Zheng, S. Xie, H.-N. Dai, X. Chen, and H. Wang, "Blockchain challenges and opportunities: a survey," Int. J. Web Grid Serv., vol. 14, no. 4, pp. 352-375, 2018. https://doi.org/10.1504/IJWGS.2018.095647
  109. I. Ajzen, "The theory of planned behavior: Frequently asked questions," Hum. Behav. Emerg. Technol., vol. 2, no. 4, pp. 314-324, Oct. 2020. https://doi.org/10.1002/hbe2.195
  110. M. J. Grant and A. Booth, "A typology of reviews: an analysis of 14 review types and associated methodologies," Heal. Inf. Libr. J., vol. 26, no. 2, pp. 91-108, Jun. 2009. https://doi.org/10.1111/j.1471-1842.2009.00848.x
  111. J. Bokrantz, A. Skoogh, C. Berlin, and J. Stahre, "Maintenance in digitalised manufacturing: Delphi-based scenarios for 2030," Int. J. Prod. Econ., vol. 191, pp. 154-169, Sep. 2017. https://doi.org/10.1016/j.ijpe.2017.06.010
  112. MarketsandMarkets, "Blockchain Market Size, Share and Global Market Forecast to 2026 ," 2021.
  113. Creswell, Research Design: Qualitative, Quantitative, and Mixed MethodsTitle. Sage, 2014.
  114. J. W. Creswell, Research design : qualitative, quantitative, and mixed methods approaches, 4th ed. SAGE Publications, 2014.
  115. N. K. Denzin and Y. S. Lincoln, "Introduction: The Discipline and Practice of Qualitative Research. - PsycNET," in The Sage handbook of qualitative research, Sage Publications Ltd, 2005, pp. 1-32.
  116. I. Seidman, Interviewing as Qualitative Research: A Guide for Researchers in Education ... - Irving Seidman - Google Books, 3rd ed. New York: Teachers college press, 2006.
  117. J. Recker, Research in Information Systems: A Beginner's Guide, Second Edi. Springer, 2021.
  118. D. E. O'Leary, "Gartner's hype cycle and information system research issues," Int. J. Account. Inf. Syst., vol. 9, no. 4, pp. 240-252, Dec. 2008. https://doi.org/10.1016/j.accinf.2008.09.001
  119. P. C. Taylor and J. Wallace, Contemporary Qualitative Research: Exemplars for Science and Mathematics ... - Google Books. Springer Science & Business Media, 2007.
  120. J. E. B. Duchscher and D. Morgan, "Grounded theory: Reflections on the emergence vs. forcing debate," J. Adv. Nurs., vol. 48, no. 6, pp. 605-612, Dec. 2004. https://doi.org/10.1111/j.1365-2648.2004.03249.x
  121. B. Graham and K. Thomas, "Building knowledge - developing a grounded theory of knowledge management for construction," Electron. J. Bus. Res. Methods, vol. 6, no. 2, pp. 115-122, 2008.
  122. A. Strauss and J. M. Corbin, Grounded Theory in Practice . Sage, 1997.
  123. K. Krippendorff, "Content Analysis: An Introduction to Its Methodology. Thousand Oaks," Sage Publ. Inc., 2012.
  124. H. S. Sternberg, E. Hofmann, and D. Roeck, "The Struggle is Real: Insights from a Supply Chain Blockchain Case," J. Bus. Logist., vol. 42, no. 1, pp. 71-87, Mar. 2021. https://doi.org/10.1111/jbl.12240
  125. L. G. Pilkington, M and Crudu, R. and Grant, "Can Blockchain Technology and Bitcoin Lift a Country Out of Poverty? The Example of the Republic of Moldova," Int. J. Internet Technol. Secur. Trans., 2017.
  126. I. Erol et al., "Assessing the feasibility of blockchain technology in industries: evidence from Turkey," Enterp. Inf. Manag., pp. 1741-0398, 2020.