An Enterprise Transformation Guide for the Inevitable Blockchain Disruption

Demir, Mehmet; Turetken, Ozgur; Mashatan, Atefeh

doi:10.1109/mc.2019.2956927

Cited by 5 publications

(29 citation statements)

References 1 publication

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“…However, ambiguities on the applicability of EB in the real world are perhaps one of the reasons for delays in its adoption. "Technology professionals are knowledgeable, yet not enough substantial business problems have been solved with Blockchains" [49]. Demir et al proposed the Blockchain Technology Transformation Framework (BTTF) to guide executives and managers in evaluating blockchainbased solutions to innovate their industry.…”

Section: Enterprise Blockchain (Eb)mentioning

confidence: 99%

“…Blockchain is a relatively new technology that is still suffering from immaturity [49]. Table 4 discusses the fundamental challenges ahead of its implementation that might prevent or delay its adoption in organisations.…”

Section: Promoting and Constraining Factors Ofebmentioning

confidence: 99%

“…Smart contracts allow for automated execution of predefined codes "once certain conditions have been met," though arbitrary code may increase bugs [50]. Automation "simplifies complex business processes by alleviating the need for manual interventions" [49].…”

Section: Programmability and Automationmentioning

confidence: 99%

“…Blockchain keeps temper-evident historical records of all transactions happening on the network [49]. " e information stored in the blocks cannot be changed unless an attacker can gather more than 51% of the computational power network" [52,54].…”

Section: Immutability and Verifiabilitymentioning

confidence: 99%

“…Software used to ensure transactions among active participants on a blockchain network are opensource, thus subject to frequent updates [49]. Recurrent updates make the blockchain system "highly volatile" [55].…”

Section: Software and Sustainability Issuesmentioning

confidence: 99%

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The Practicality of Adopting Blockchain-Based Distributed Identity Management in Organisations: A Meta-Synthesis

Mulaji

Roodt

2021

Security and Communication Networks

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Blockchain has become an irresistible disruptive technology with the potential to innovate businesses. Ignoring it may in itself result in a competitive disadvantage for organisations. Except for its original financial application of cryptocurrency, more applications are being proposed, the most common being supply chain management and e-voting systems. However, less focus is made on information and cybersecurity applications of blockchain, especially from the enterprise perspective. This paper addresses this knowledge gap by exploring blockchain as a use case for identity management in the context of an organisation. The paper gives a comprehensive background aiming at understanding the topic, including understanding whether claims made around it, especially blockchain’s potential to address identity management challenges, are based on facts or just a result of hype. Meta-synthesis was used as a research methodology to summarise the 69 papers selected qualitatively from reputed academic sources. The general trend shows theoretical evidence supporting some of the claims made but not necessarily friendly to the enterprise context. The study reveals a promising but immature state of blockchain, consequently questioning whether adopting blockchain-based distributed identity management in organisations is fully practical. A research model called TOE-BDIDM is proposed to guide further investigation.

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Section: Enterprise Blockchain (Eb)mentioning

confidence: 99%

Section: Promoting and Constraining Factors Ofebmentioning

confidence: 99%

Section: Programmability and Automationmentioning

confidence: 99%

Section: Immutability and Verifiabilitymentioning

confidence: 99%

Section: Software and Sustainability Issuesmentioning

confidence: 99%

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The Practicality of Adopting Blockchain-Based Distributed Identity Management in Organisations: A Meta-Synthesis

Mulaji

Roodt

2021

Security and Communication Networks

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Cybersecurity Considerations in Blockchain-Based Solutions

McKay

Mashatan

2022

Blockchain in Life Sciences

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Overcoming technological barriers for blockchain adoption in supply chains: a diffusion of innovation (DOI)-informed framework proposal

Moraes,

Ganga,

Godinho Filho

et al. 2024

SCM

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Purpose The integration of blockchain technology (BT) in supply chain management (SCM) is at the forefront of technological advancements, yet it faces significant barriers that hinder its widespread adoption. This study aims to delve into these challenges, employing the diffusion of innovations (DOI) theory to systematically investigate and propose a strategic framework for overcoming the technological barriers to BT adoption within SCM. Design/methodology/approach Through a comprehensive systematic literature review (SLR) of 155 publications, complemented by rigorous content analysis and expert interviews, this research identifies and categorizes 16 primary technological barriers, including scalability and privacy issues, that impede BT integration. Findings The proposed framework, informed by DOI theory, outlines tailored strategies across three critical adoption stages: initiation, where the focus is on mitigating high energy consumption and scalability issues; adoption decision, emphasizing the formulating international standards for blockchain architecture, embedding abstraction layers within software projects; and implementation, concentrating on enhancing security, interoperability and system efficiency. Originality/value This research contributes significantly to both academic literature and practical applications. Academically, it extends the DOI theory within the SCM context and enriches the blockchain literature by providing a nuanced understanding of the specific barriers to BT adoption. Practically, it offers a roadmap for industry practitioners, delineating actionable strategies to navigate the adoption process effectively. This study not only bridges the gap between theoretical insights and practical implementations but also serves as a vital resource for policymakers and standard-setting bodies in facilitating and regulating BT adoption in SCM, thereby fostering innovation and competitive advantage in the marketplace.

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An Enterprise Transformation Guide for the Inevitable Blockchain Disruption

Cited by 5 publications

References 1 publication

The Practicality of Adopting Blockchain-Based Distributed Identity Management in Organisations: A Meta-Synthesis

The Practicality of Adopting Blockchain-Based Distributed Identity Management in Organisations: A Meta-Synthesis

Cybersecurity Considerations in Blockchain-Based Solutions

Overcoming technological barriers for blockchain adoption in supply chains: a diffusion of innovation (DOI)-informed framework proposal

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