Longhui Liao, Yuehua Ye, Nana Wei, Hong Li ¡ 5 authors
Purpose Problems such as information asymmetry and a lack of trust among construction practitioners damage the quality and progress of construction projects. The decentralization, transparency, traceability and temper-proof nature of blockchain technology (BCT) can provide solutions and facilitate multiparty cooperation. However, BCT acceptance in the construction industry is relatively low, and there are few pilot projects adopting BCT. Most relevant literature focuses on BCT acceptance at the industry and organizational levels, but the impact of non-managerial practitioners executing BCT or the traditional approach in day-to-day work tends to be disregarded. This study aims to establish a theoretical model of BCT acceptance, identify key influencing factors and paths of behavioral intention to adopt BCT and promote strategies to enhance BCT adoption. Design/methodology/approach A new BCT acceptance model for construction practitioners was proposed. A survey was performed with 203 construction practitioners in Shenzhen, China and post-survey interviews were conducted with four BCT experts for validation. Covariance-based structural equation modeling was used to examine the influence paths and moderating effect analysis was performed to check practitionersâ differential perceptions. Findings Performance expectancy, social influence, facilitating conditions and perceived behavioral control significantly and positively influence behavioral intention to accept BCT, while impacts from effort performance and risk are negative. Overcoming obstacles related to the effort required for BCT adoption and effective risk management will be essential to unlocking BCTâs transformative potential. Then, the moderating effects of respondentsâ gender, degree and BCT knowledge as well as the project type involved were analyzed. Continued adoption of BCT in the construction industry has the potential to revolutionize project management, transparency and trust among stakeholders. Research limitations/implications The findings of this research can help practitioners and government agencies understand crucial influencing factors and pathways of BCT acceptance. Targeted measures, such as increasing practitionersâ benefits and sense of BCT usefulness, conducting pilot projects and increasing publicity, were proposed for project leadership teams to enhance BCT adoption. This may lead to increased efficiency, reduced disputes and more streamlined and secure construction processes, ultimately enhancing the industryâs overall performance. Originality/value Few studies have explored BCT acceptance from the perspective of non-managerial construction practitioners. The BCT acceptance model proposed in this study is a novel adaptation of previous technology acceptance models, with new factors (risk and perceived behavioral control) and moderating variables (degree, BCT knowledge and project type) added for better understanding of non-managerial practitionersâ perceptions and differences.
The real estate industry is crucial sector of the world economy Buying and selling properties usually takes a long time, is complicated, and can be expensive.There's also a risk of mistakes and fraud, which might cause big financial losses and legal problems.This research paper delves into the innovative use of blockchain technology to address the pervasive issue of fraud within the real estate industry.By introducing a comprehensive system where user authentication is conducted through Aadhaar numbers, properties are represented as Non-Fungible Tokens (NFTs), and transactions involve the crucial oversight of designated inspectors, this paper aims to provide a robust framework for fraud prevention.Additionally, it explores how blockchain's inherent properties prevent instances of double selling, thus bolstering the integrity of real estate transactions.The research demonstrates the effective utilization of blockchain technology and Ethereum's smart contracts.The immutability nature of the blockchain ledger and transactions can provide a safe environment for the real estate sector.The project also identified some challenges and opportunities for blockchain adoption in the real estate industry.One of the challenges is the lack of awareness and understanding of blockchain technology.Another challenge is the regulatory environment, which is currently unclear.However, there are many opportunities for blockchain adoption in the real estate industry, such as streamlining the real estate transaction process, reducing fraud, and improving transparency.
This paper aims to comprehensively review the main benefits, limitations, and challenges associated with the uptake of Blockchain technology in supply chain management (SCM). The study utilizes the literature review method, examining articles published from 2016 to 2022 and exploring the factors influencing the adoption and implementation of Blockchain in SCM. Multiple scholarly insights have shown no more hacking or cherry picking of options given for presenting data with high confidence and, therefore, reliability, as well as an ability to see everything in a highly limited way. An SCM looking at these multi-party evolutionary models shows that for Blockchain, the key advantages center on significantly increased security, confidentiality, traceability, transparency, data accuracy, privacy, efficiency, accountability, and trust. In contrast, the review has also detailed several limitations and challenges that must be overcome by firms and industries looking to adopt Blockchain within their SCM processes, which include problems with scaling, lower performance as a result of interoperability issues, legal and regulatory matters, very high initial implementation and ongoing maintenance costs, a struggle with standardization of the technology and the needed surveillance of this space, avoidance of technology adoption because of trust, the substantial energy used, low awareness, complexity of integrating with existing systems, being in its last mile in partnerships, and privacy. Even with this potential to transform and be disrupted across industry and its sectors, there are still very significant challenges for Blockchain. For those looking to actually utilize SCM and other sectors, understanding this from a variety of perspectives is of great interest to understand if the technology is fit for that sector and what strategies or networks need to be established or linked into with existing firms. Regardless, if these challenges can be overcome and responded to, then the greater protection and efficiency of current and future SCM processes will not only occur, but it can be the first significant node for broader industry-wide innovation and gains in efficiency.
Tenzin Norbu, Joo Yeon Park, Kok Wai Wong, Hui Cui
Blockchain technology has become significant for financial sectors, especially digital payment systems, offering enhanced security, transparency, and efficiency. However, there is limited research on the factors influencing user trust in and acceptance of blockchain adoption in digital payment systems. This systematic review provides insight into the key factors impacting consumersâ perceptions and behaviours towards embracing blockchain technology. A total of 1859 studies were collected, with 48 meeting the criteria for comprehensive analysis. The results showed that security, privacy, transparency, and regulation are the most significant factors influencing trust for blockchain adoption. The most influential factors identified in the Unified Theory of Acceptance and Use of Technology (UTAUT) model include performance expectancy, effort expectancy, social influence, and facilitating conditions. Incorporating a trust and acceptance model could be a viable approach to tackling obstacles and ensuring the successful integration of blockchain technology into digital payment systems. Understanding these factors is crucial for creating a favourable atmosphere for adopting blockchain technology in digital payments. User-perspective research on blockchain adoption in digital payment systems is still insufficient, and this aspect still requires further investigation. Blockchain adoption in digital payment systems has not been sufficiently conducted from the userâs perspective, and there is a scope for it to be carried out. This review aims to shed light on the factors of trust in and acceptance of blockchain adoption in digital payment systems so that the full potential of blockchain technology can be realised. Understanding these factors and their intricate connections is imperative in fostering a conducive environment for the widespread acceptance of blockchain technology in digital payments.
Blockchain, essentially a distributed and immutable database, has emerged as a potential solution to governance problems of accountability, transparency, and trust in the construction industry. In terms of construction quality management (CQM) applications, previous works mainly took a technical perspective, and little is known about the potential of blockchain-based governance for quality opportunism. Moreover, we have seen very few successful blockchain implementations in construction practices. Stakeholders meet the trade-off between potential benefits and risks in blockchain adoption decisions. Previous works mainly focused on barrier analysis, neglecting the dynamic interactions of stakeholdersâ strategic behaviors on adopting blockchains. Against this backdrop, this research aims to systematically analyze blockchain impacts on CQM from a governance perspective and then investigate the owner and the main contractorsâ strategic behaviors (e.g., adopting blockchains in CQM or not). The agency theory was used as the theoretical lens to examine how blockchain curbs contractorsâ quality opportunistic behaviors as a governance mechanism. An evolutionary game theory model was developed to simulate adoption decision interactions between the owner and the main contractor. Finally, policy suggestions were highlighted for policymakers. This research could be one of the first studies examining blockchain potential to CQM from an opportunism governance perspective. Such discussions could inspire more discussions on blockchain-based governance and broaden researchersâ and practitionersâ understandings of blockchain impacts. The proposed policy suggestions from the equilibrium analysis could facilitate blockchain diffusion in the construction industry.
In recent years, cryptocurrency has emerged as a decentralized virtual asset operating across a vast network of computers, free from centralized governmental control. Proposed legislation aims to establish a framework for a digital currency issued by the Reserve Bank of India (RBI). This study delves into the transformative impact of technology on payment systems and the awareness of investors about cryptocurrency. It explores factors influencing this awareness, particularly following India's Bitcoin surge, which notably attracted the younger generation to cryptocurrency. Conducting this study involved gathering responses from 110 investors using a non-probability snowball sampling method. The majority of investors surveyed fell within the 18 to 24 age range. Findings indicate that awareness predominantly spreads through social circles and online platforms, with male respondents exhibiting higher awareness levels than female counterparts. Moreover, higher educational qualifications correlate with heightened cryptocurrency awareness. Notably, a significant portion of respondents expressed interest in investing in cryptocurrency.
The rapid expansion of advanced technology has made available, the progress of novel approaches to improve the way student information systems are maintained in every institute/university. Every university has crucial data of students that needs to be protected. It's a step towards a sustainable future. Currently, most universities use a centralized method of data storage, which increases the risk of data tampering. With the rise of digitization, it is vital for universities to accept technological change to maintain a stronger Student Information System. Blockchain is one such technology model. Blockchain is a distributed ledger that makes it possible to record every Node-to-Node transaction lacking the aid of a central authority. It is found that few organizations hesitate to adopt and diffuse the Blockchain technology. In India it is found that very less focus is given to exposure of new technologies and its implementation with context to education sector. An assessment of use cases is feasible to assist direct the decision to adopt Blockchain in university information systems by offering a conceptual blended interdependence model that contains pertinent factors. The basis of the research is to spot the individual factors that determine universitiesâ resolution to use Blockchain. Two factors, namely Use behavior and Intention to use, of universities are investigated by using a combo model of TAM and UTAUT. The research methodology adopted is both Qualitative and Quantitative method. The analysis involved statistical assessments including correlation analysis, multiple regression analysis, and Chi-square tests. The findings indicate a strong correlation between the elements of UTAUT and TAM factors and the adoption of blockchain technology by universities in their usage behavior. This study also presents an opportunity to universities to benefit from the guidelines on how to implement Blockchain in managing the university information system.
The integration of the Internet of Things (IoT) with blockchain technology is significantly transforming smart health monitoring systems. IoT enables the seamless collection of health data, while blockchain's decentralized ledger ensures the integrity and security of this data, mitigating potential breaches. This symbiosis addresses current healthcare challenges by enhancing security, transparency, and efficiency, fostering a patient-focused and reliable monitoring system. With the rise of the Medical Internet of Things (MIoT), personalized and cost-effective healthcare solutions are more accessible, thanks to technologies like Wireless Body Area Networks (WBAN), which improve data quality, and Machine Learning (ML), which effectively processes large datasets. Fog Computing has been instrumental in ensuring efficient data communication with reduced latency, and advancements in Software-Defined Networking (SDN) and Network Function Virtualization (NFV) offer simpler, adaptable networks for healthcare. However, increased data volume raises privacy and security concerns, propelling a shift towards blockchain for enhanced data protection and transparency. Innovations like blockchain-based federated learning aim to safeguard privacy without compromising model accuracy, and smart contracts on platforms like Hyperledger Fabric provide secure patient history logs and immediate access to medical records. Tools such as the Libelium e-Health toolkit further aim to revolutionize monitoring, diagnosis, and treatment processes.
In today's rapidly changing digital world, security and trust remain as an essential element supporting a range of communications, transactions, and distributed systems. With the invention of blockchain technology, a trust may now be provided as âTrust as a Service (TaaS),â a decentralized, verifiable, and essential asset rather than a centralized digital network. In a decentralized and distributed ledger network, the blocks are connected in chronological order, and information is saved using distributed ledger techniques. Since the start of the deployment, blockchain has kept a record of all transactions. This research study analyses the explores the blockchain technology and analyze how it functions as a trusted provider across a range of industries. Also, this study investigates the fundamental ideas behind blockchain, its development, and the cryptographic security systems. This research study illustrates how blockchain maintains confidence in data quality, security, transparency, and immutability across a range of applications, including banking, supply chain, healthcare, and governance. This study also emphasizes the difficulties and possibilities present in the rapidly developing blockchain ecosystem and further discusses about the issues and challenges and various blockchain attacks, solutions, and tools. Finally, the open issues and solutions are analysed.
Blockchain is a type of distributed ledger technology that uses a unique combination of attributes to ensure network security, transparency, and visibility. These features include a decentralized structure and storage mechanism, a consensus algorithm, smart contracts, and asymmetric encryption. There is a significant opportunity for blockchain technology to effect change across a variety of supply chain (SC) tasks, including SC provenance, business process reengineering, and security enhancement. In the last few years, there have been more research projects that look into how blockchain technology can be used in the supply chain. We take a look at many different industries, including shipping, manufacturing, automotive, aviation, finance, technology, healthcare, agriculture and food, e-commerce, and education, that stand to benefit from the implementation of blockchain-based technologies in the form of improved visibility and better management of business processes. The Internet of Things (IoT) is an exciting and promising breakthrough that has the potential to assist businesses in observing, tracking, and monitoring items, activities, and processes that are contained within their respective value chain networks.
J. Chandra Priya, Krzysztof Rudzki, Xuan Huong Nguyen, Hoang Phuong Nguyen ¡ 6 authors
Abstract With the increasing demand for efficient maritime logistic management, industries are striving to develop automation software. However, collecting data for analytics from diverse sources like shipping routes, weather conditions, historical incidents, and cargo specifications has become a challenging task in the distribution environment. This challenge gives rise to the possibility of faulty products and traditional testing techniques fall short of achieving optimal performance. To address this issue, we propose a novel decentralised software system based on Transfer Learning and blockchain technology named as BETL (Blockchain -Enabled Transfer Learning). Our proposed system aims to automatically detect and prevent vulnerabilities in maritime operational data by harnessing the power of transfer learning and smart contract-driven blockchain. The vulnerability detection process is automated and does not rely on manually written rules. We introduce a non-vulnerability score range map for the effective classification of operational factors. Additionally, to ensure efficient storage over the blockchain, we integrate an InterPlanetary File System (IPFS). To demonstrate the effectiveness of transfer learning and blockchain integration for secure logistic management, we conduct a testbed-based experiment. The results show that this approach can achieve high precision (98.00%), detection rate (98.98%), accuracy (97.90%), and F-score (98.98), which highlights its benefits in enhancing the safety and reliability of maritime logistics processes. Additionally, the computational time of BETL (the proposed approach) was improved by 18.9% compared to standard transfer learning.
With numerous inherent features including decentralized storage, distributed ledgers, immutability, authentication, anonymity, transparency, and security, blockchain technology has transcended popularity to acquire practical applications in areas like healthcare. However, healthcare records including patientsâ medical data complicate this approach because there is a likelihood of a privacy violation. This systematic review conducts an examination of leading-edge blockchain research in the realm of healthcare. This paper identifies and addresses several open research challenges preventing blockchain implementation in the healthcare industry. A thorough comparison of the current research based on blockchain applications in healthcare has also been provided in this work.
Arshad Ahmad Dar, Faheem Ahmad Reegu, Sarfaraz Ahmed, Gousiya Hussain
The supply chain has become increasingly complex, making it challenging to verify sustainable practices. Blockchain has been viewed as a viable option to improve numerous aspects of sustainable supply chain management (SSCM) in response to increased customer demand for product traceability and proof of origin. This technology was initially developed as a secure distributed ledger for the bitcoin market, but it has since been adopted by several businesses, including the food, healthcare, and logistics sectors. This research seeks to propose a framework for more open, transparent supply chain operations using blockchain and artificial intelligence (AI) technologies. Two research topics will be addressed in relation to the main advantages and challenges in the market for consumer goods: This proposal will employ a qualitative methodology to investigate how blockchain and AI might result in more transparent supply chains from a social and environmental perspective. By considering the integration of blockchain and AI from many perspectives, triangulation will be achieved in order to promote transparency and traceability. We will suggest a single framework that assembles the necessary data pieces that must be maintained digitally in order to enhance sustainability in supply chains management systems utilizing Artificial Intelligence and Blockchain Technology (BCT).
Today, Internet of Things (IoT) data sharing is a big challenge for increasing the progress, efficiency, and effectiveness of any organization in the health sector through IoT-based applications. Generally, health records follow centralized abilities in the IoT. Health sector Data Security and failures of centralized servers are issues in the IoT. Peer-to-peer networks utilize distributed applications and duplicate transactions leveraging digital ledgers in the blockchain. Blochchain is recording all health information on a decentralized system that is impossible to change or hack. Blockchain technology supports IoT privacy, cryptocurrencies, healthcare, smart contracts, supply chain management, identity verification, insurance, etc. IoT-based health records contain a lot of problems like privacy, security, performance, ethics, data ownership, patient access and control, etc. In easy ways, blockchain technology exacerbates these kinds of problems. Ethereum and Hyperledger are supported as frameworks using blockchain technology. Compared to the previously specified data values, IoT-based health data has a significantly higher level of security and privacy. This study explores in detail the various approaches, workings, and technical details used in various languages.
The task of managing public health and safety is a multifaceted and delicate one that demands the careful upkeep of numerous processes and systems, with a particular emphasis on cold chain logistics. The primary objective of this research is to investigate how blockchain technology can meet the needs of a retail cold chain. To accomplish this goal, we employed a comprehensive technological adoption model, partial least squares structural equation modeling, and a quantitative cross-sectional survey approach to ascertain stakeholder adoption intentions toward a blockchain-enabled cold supply chain. Our findings suggest that blockchain technology has the capacity to effectively facilitate the goals of the retail cold chain.
Over the past ten years, blockchain has emerged as the new buzzword in the banking sector.The new technology is being adopted globally in many industries, including the business sector,because of its unique uses and features. However, no adoption model is available to help with this process.This research paper examines the new technology known as blockchain, which powers cryptocurrencies like Bitcoin and others. It looks at what blockchain technology is, how it works especially in the banking sector, and how it can change and upend the financial services sector. It outlines the features of the technology and discusses why these can have a significant effect on the financial industry as a whole in areas like identity services, payments, and settlements in addition to spawning new products based on things like âsmart contractsâ. The adoption variables found in the literature study were used to gather, test, and evaluate the official papers that are currently available from regulatory organizations, practitioners, and research bodies. This study was able to classify adoption factors into three categoriesâsupporting, impeding, and circumstantialâidentify a new adoption factor, and determine the relative relevance of the factors. Consequently, an institutional adoption paradigm for blockchain technology in the banking sector is put out. In light of this, it is advised to conduct additional research on using the suggested model at banks using the new technology in order to assess its suitability.
Blockchain is a promising technology that can be used to improve the healthcare system. It can be used to store patient data securely and prevent tampering. It can also be used to improve supply chain management by increasing transparency and interoperability. This work proposes a web-based application that uses blockchain to store patientâs data and retailerâs information. The application will also be able to send encrypted messages securely and anonymously. The application will be deployed on the Ethereum platform. The benefits of using blockchain in healthcare are Security: Blockchain is a secure way to store data because it is decentralized and encrypted. This makes it difficult for unauthorized users to access or tamper with data. Transparency: Blockchain is transparent, which means that all transactions are recorded on the blockchain and can be viewed by anyone. This can help to increase trust and accountability in the healthcare system. Interoperability: Blockchain can be used to connect different healthcare systems together, which can improve the flow of information. This can help to improve patient care. Immutability: Blockchain is immutable, which means that data cannot be changed once it is added to the blockchain. This can help to ensure the accuracy of data. The challenges of using blockchain in healthcare are Complexity, Cost, and Regulation. Despite these challenges, blockchain is a promising technology that has the potential to improve the healthcare system. This work is a step towards realizing the potential of blockchain in healthcare.
Rapid Blockchain is one of the most talked about technologies in the world at the moment. The origin of blockchain is a cryptocurrency called âbitcoinâ. It is a secure currency that can be used as a medium of exchange worldwide. Blockchain itself is a decentralised, peer-to-peer distributed ledger capable of storing all transactions that take place on the network. This property makes blockchain useful for any type of exchange, such as data, currency and information. Blockchain protects against potential data theft or corruption in the healthcare network. It is important to maintain the integrity and validity of patient records to ensure wellness. Artificial intelligence and blockchain will provide a smart healthcare system for people around the world by extracting useful information, protecting medical data, simplifying claims processing, using patient self-generated data and systematising procedures.
Bryan Teoh Phern Chern, Teoh Bak Aun, Elishia Loo Po-Lynn, Cheng U-Jin
The popularity of blockchain technology has seen a dramatic increase throughout the year of 2021 and 2022, with numerous use cases in various global industries. This includes the use of cryptocurrencies, non-fungible tokens, decentralized autonomous organizations, and others. In Malaysia, there is also an apparent increase in general awareness towards the technology, with Bank Negara Malaysia and Securities Commission actively participating in the Committee for Blockchain and Distributed Ledger Technology. This study specifically examined at the Malaysian manufacturing industry, attempting to assess their general sentiments towards blockchain technology and how it could help to improve various supply chain processes. The quantitative study received 114 valid responses from management level employees with Malaysian manufacturers, enabling the researchers to assess the task technology fit, perceived ease of use (PEOU), perceived usefulness (PUSE), and technology readiness index (TRI). The analysis indicated that there is indeed a high task technology fit in the Malaysian manufacturing sector. In addition, this industry showed a positive sentiment towards blockchain technology, with high scores in PEOU, PUSE, and TRI. The high TRI numbers also had a positive significant relationship on the decision to adopt this technology within the manufacturing companies to improve various supply chain processes.
Purpose Blockchainâs potential is so significant that business activities across all industries can be drastically altered. Furthermore, the characteristics of blockchain appear to be well-suited to accounting requirements. However, accounting professionalsâ attitude and intention toward blockchain adoption are not clear, particularly in India. Thus, this study aims to investigate and evaluate accountantsâ intention to adopt blockchain technology in accounting activities. Design/methodology/approach This study examined and assessed accountantsâ intention to use blockchain in accounting. To effectively measure usage intention, this study extended the unified theory of acceptance and use of technology (UTAUT) model by including context-specific constructs. To empirically test and validate the proposed model, data were collected from â369â professional accountants in India. Findings The findings revealed that facilitating conditions, performance expectancy and initial trust had a significant impact on adoption. Furthermore, the regulatory framework materially moderated the association between usage intention and its predictors. Originality/value These findings provide new empirical evidence about the impact of different predictors of usage intention by extending the UTAUT model. Relevant stakeholders can refer to this pioneering study to increase the adoption of blockchain as an efficient and trustworthy system among professional accountants, particularly in developing countries such as India.
Ayodeji Emmanuel Oke, John Aliu, Lydia Uyi Ehiosun, Ahmed Farouk Kineber ¡ 5 authors
Purpose The construction industry in Nigeria, like many others worldwide, grapples with increasing demands for enhanced efficiency, transparency and security. While distributed ledger technology (DLT) offers substantial potential in tackling these issues, its implementation faces numerous obstacles. This study aims to investigate the challenges hindering the adoption of DLT within the Nigerian construction sector, capitalizing on a recognized research gap in this field. Design/methodology/approach A comprehensive literature review identified 20 challenges to DLT adoption. A structured questionnaire was developed and distributed to 98 construction professionals selected from a pool of 5,330 members using purposive and snowball sampling. Background information was assessed using frequency and percentage, data normality with the ShapiroâWilk test and nonparametric data compared using the KruskalâWallis H-test. Factor analysis was then used to reduce the challenges into a more coherent set. Findings Findings revealed the top five challenges: power supply issues, data privacy and compliance, an uncertain legal framework, insufficient training and education and a lack of skilled workforce. Further analysis revealed four clusters of challenges, namely, technical and infrastructure barriers, organizational and cultural challenges, financial and economic challenges and regulatory and legal challenges. Practical implications Through the evaluation of challenges and potential strategies to overcome them, this study aims to lay a foundation that assists construction entities in effectively harnessing the benefits of DLT while navigating the obstacles inherent in its adoption. Originality/value This study contributes to the existing body of knowledge by offering insights into the challenges surrounding the adoption of DLT, specifically within the Nigerian construction sector. By juxtaposing the findings from this study with existing research conducted in other countries such as India, South Africa and the USA, a more comprehensive understanding of the challenges unique to the Nigerian context can be gained.
This work intends to comprehensively analyze the application of blockchain technology in enterprise financial accounting information sharing and address prevalent issues such as information opacity, data tampering, and data security in the current practices. Therefore, it writes smart contracts based on the Ethereum platform to achieve the secure sharing of financial accounting information between enterprises. This work employs a randomized experimental design approach, using a computer-generated random number program to divide 100 enterprises into experimental and control groups, each comprising 50 enterprises. Enterprises in the experimental group share financial accounting information using smart contracts on the Ethereum platform during the experiment. The financial personnel of these enterprises upload reconciled data to the corresponding smart contracts using the enterprise's digital signatures after each month's accounting process. Enterprises in the control group continue to use traditional methods of financial accounting information sharing (such as email and web platforms) to share financial data files directly. Quantitative analysis is performed to compare the data between the experimental and control groups. Empirical results reveal a notable enhancement in information-sharing efficiency by 25.7%, a 19.8% improvement in data accuracy, and a 13.6% reduction in financial information-sharing costs within the experimental group compared to the control group. This work provides compelling evidence that adopting blockchain-based information-sharing methods can effectively elevate data trustworthiness and security. Supported by systematic empirical findings, this work validates the significant potential of blockchain technology in the realm of enterprise financial accounting information sharing.
Matthew Quayson, Eric Kofi Avornu, Albert Kweku Bediako
Purpose Blockchain technology enhances information management in healthcare supply chains by securing healthcare information and providing medical resource traceability. However, there is no decision framework to support blockchain implementation for managing information, especially in emerging economiesâ healthcare supply chains. This paper develops a hierarchical decision model for implementing blockchain technology for information management in emerging economiesâ healthcare supply chains. Design/methodology/approach This study uses 20 health supply chain experts in Ghana to rank 17 decision criteria for implementing blockchain for healthcare information management using the best-worst method (BWM) multi-criteria decision technique. Findings The results show that âsecurityâ and âprivacy,â âinfrastructural facilityâ and âpresence of training facilitiesâ are the top three critical factors impacting blockchain adoption in the health supply chain for healthcare information management. Other sub-factors are prioritized. Practical implications To implement blockchain effectively to enhance information management in the healthcare supply chain, health institutions, blockchain technology providers and state authorities should concentrate on the highly critical factors extracted from the study. Originality/value This is the first study that develops a hierarchical decision model for implementing blockchain technology in emerging economies' health supply chains.
Aawag Mohsen Alawag, Wesam Salah Alaloul, Baker Nasser Saleh Al-dhawi, Abdullah O. Baarimah ¡ 6 authors
Construction, like any other industry, is prone to conflicts. The construction industry has witnessed a rapid transformation driven by advancements in technology, with a particular focus on smart construction projects aimed at improving efficiency, transparency, and collaboration. Blockchain technology offers a decentralized method of managing the data and promotes the performance and sustainability of building projects. Nevertheless, a comprehensive analysis of the present status of blockchain research integration has not been undertaken utilizing scientometric analysis. This paper presents a comprehensive review and bibliometric analysis of blockchain technology adoption within the context of intelligent construction projects from 2018 through 2023. A total of 1079 papers were extracted from the Scopus database. The VOSviewer tool was used to visually represent the literature including various countries, scholarly publications, and keywords. Moreover, using an analysis of often-used phrases, three significant study fields associated with blockchain have been identified âManagement,â âProject,â and âBuilding.â. This article contributes to the existing body of knowledge by synthesizing the current state of research on blockchain technology in smart construction projects, offering a holistic view of its applications, and highlighting areas that require further investigation.