Work

Evaluating the barriers of blockchain adoption in the Australian logistics industry

Year: 2024
Type: article
Abstract: Blockchain technology holds the potential to revolutionise the logistics industry by sharing tamper-proof information in a decentralised manner, building trust among parties. However, adoption in the Australian logistics industry lags behind other sectors. This study uses fuzzy DEMATEL to investigate barriers to blockchain adoption, identifying thirteen key barriers within the technology-organisation-environment (TOE) framework. Cost of investment and integration difficulties among partners are the most prominent barriers, particularly within organisational contexts. The findings offer a theoretical foundation and practical insights for overcoming barriers and successfully implementing blockchain in logistics.
Language: English
Open Access status: hybrid
OpenAlex ID: W4402131125
FWCI: 4.941
Cites: 63
Cited by: 13
Related to: 10