Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector

<i>Background</i>: Blockchain adoption in agriculture is facing challenges. Some of its key challenges include lack of regulatory framework and unclear policies. <i>Methods</i>: This quantitative research based on a survey aims to examine the factors that influence blockchain...

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Main Authors: Peter Sasitharan Gandhi Maniam, Catherine Prentice, Anne-Marie Sassenberg, Jeffrey Soar
Format: Article
Language:English
Published: MDPI AG 2023-09-01
Series:Logistics
Subjects:
Online Access:https://www.mdpi.com/2305-6290/7/3/59
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author Peter Sasitharan Gandhi Maniam
Catherine Prentice
Anne-Marie Sassenberg
Jeffrey Soar
author_facet Peter Sasitharan Gandhi Maniam
Catherine Prentice
Anne-Marie Sassenberg
Jeffrey Soar
author_sort Peter Sasitharan Gandhi Maniam
collection DOAJ
description <i>Background</i>: Blockchain adoption in agriculture is facing challenges. Some of its key challenges include lack of regulatory framework and unclear policies. <i>Methods</i>: This quantitative research based on a survey aims to examine the factors that influence blockchain implementation in the agricultural sector. Several theories including the technology acceptance model (TAM), the theory of planned behaviour (TPB), and the technology readiness index (TRI) were drawn upon to determine the factors influencing Blockchain adoption. The study was undertaken in Australia with 358 agricultural supply chain experts. <i>Results</i>: A range of novel findings were generated. While perceived usefulness, perceived ease of use, and attitude positively influenced Blockchain adoption, discomfort and insecurity were considered deterrents. <i>Conclusions</i>: The results can be used by relevant practitioners to improve the supply chain management for agriculture business. The findings can also inform a new direction for the research on the agricultural supply chain and the literature on logistics.
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spelling doaj.art-410c419631094951b96017afb56055f52023-11-19T11:39:13ZengMDPI AGLogistics2305-62902023-09-01735910.3390/logistics7030059Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural SectorPeter Sasitharan Gandhi Maniam0Catherine Prentice1Anne-Marie Sassenberg2Jeffrey Soar3School of Business, University of Southern Queensland, Toowoomba, QLD 4350, AustraliaSchool of Business, University of Southern Queensland, Toowoomba, QLD 4350, AustraliaSchool of Business, University of Southern Queensland, Toowoomba, QLD 4350, AustraliaSchool of Business, University of Southern Queensland, Toowoomba, QLD 4350, Australia<i>Background</i>: Blockchain adoption in agriculture is facing challenges. Some of its key challenges include lack of regulatory framework and unclear policies. <i>Methods</i>: This quantitative research based on a survey aims to examine the factors that influence blockchain implementation in the agricultural sector. Several theories including the technology acceptance model (TAM), the theory of planned behaviour (TPB), and the technology readiness index (TRI) were drawn upon to determine the factors influencing Blockchain adoption. The study was undertaken in Australia with 358 agricultural supply chain experts. <i>Results</i>: A range of novel findings were generated. While perceived usefulness, perceived ease of use, and attitude positively influenced Blockchain adoption, discomfort and insecurity were considered deterrents. <i>Conclusions</i>: The results can be used by relevant practitioners to improve the supply chain management for agriculture business. The findings can also inform a new direction for the research on the agricultural supply chain and the literature on logistics.https://www.mdpi.com/2305-6290/7/3/59blockchain adoptionagriculturesupply chain management
spellingShingle Peter Sasitharan Gandhi Maniam
Catherine Prentice
Anne-Marie Sassenberg
Jeffrey Soar
Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector
Logistics
blockchain adoption
agriculture
supply chain management
title Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector
title_full Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector
title_fullStr Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector
title_full_unstemmed Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector
title_short Identifying an Optimal Model for Blockchain Technology Adoption in the Agricultural Sector
title_sort identifying an optimal model for blockchain technology adoption in the agricultural sector
topic blockchain adoption
agriculture
supply chain management
url https://www.mdpi.com/2305-6290/7/3/59
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AT jeffreysoar identifyinganoptimalmodelforblockchaintechnologyadoptionintheagriculturalsector