What are the main drivers of Blockchain Adoption within Supply Chain? – an exploratory research

Abstract

This paper aims to identify the main drivers for Blockchain adoption within Supply Chains, following the Design Science Research (DSR) methodology and focusing on defining, validating, and reducing a myriad of factors with the aid of experts on both fields. Based on the literature review, and through means of questionnaires, factors were rated and refuted according to the relevance given. Two rounds narrowed the results, and upon consensus nine drivers were identified fitting under two categories: Challenges and Incentives. Considering the results are based on a limited number of factors, and the impact of firm-level influences were disregarded, respondent’s perceptions could have slightly varied if the sample of participants differed. Overall, it provides academics with a theoretical framework combining existing literature into a set of drivers. Providing insights to vendors on how their reputation may influence clients’ adoption, whilst fulfilling a literature gap in the supply chain area.