Work

Investigating the potential applications of blockchain technology: a focus group discussion

Year: 2025

Type: article

Abstract: This study explores the potential applications of blockchain technology in small and medium enterprises (SMEs) and the tourism industry ‎through a focus group discussion (FGD) methodology. Aimed at understanding participants' perceptions and experiences, the research ‎investigates the barriers to adoption and the benefits of blockchain solutions in enhancing operational efficiency and trust. The FGDs, consisting of 100 participants from various business and academic backgrounds, revealed that while many SMEs recognize the advantages of ‎blockchain, such as transparency, security, and automated compliance, there are significant challenges, including high costs and a lack of ‎technical expertise. The findings suggest that for successful implementation, SMEs will require skilled personnel and supportive infrastructure-‎ture. This paper contributes valuable insights into the readiness of SMEs for blockchain adoption and highlights opportunities for future ‎research in this emergent field‎.

Source: International Journal of Accounting and Economics Studies

DOI: 10.14419/fp3t3e68

Authors: Syamsul Hidayat, Ofan Sofian, Aghy Gilar Pratama, Jaka Wijaya Kusuma, Asep Rahmatullah, Ulinnuha

Institutions: Universitas Bina Bangsa, Universitas Mathla'ul Anwar Banten

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: bronze

Funder: Bureau of Planning and International Cooperation, Ministry of National Education