Table 1.

Previous studies on the adoption of blockchain technology

ArticleObject studiedApplied theoryFindings
Folkinshteyn and Lennon (2016) BitcoinTAMIt was found that perceived usefulness mainly comes from the feature of openness with Bitcoin, which improves the transaction efficiency. However, at the same time, users are exposed to transaction risks
Kamble et al. (2019) Blockchain technology adoption in supply chainsTAM,
TRI,
TPB
Perceived usefulness, attitude, and perceived behavioural control affect behavioural intention. Subjective norm has a negligible impact on behavioural intention. Discomfort and insecurity in the TRI model do not have a significant impact on the user
Shahzad et al. (2018) CryptocurrenciesTAMIt was found that awareness, perceived ease of use, perceived usefulness, and perceived trustworthiness had significant impacts on the intention to use Bitcoin among people in China
Queiroz and Fosso Wamba (2019) Blockchain technology adoption in the logistics and supply chain fieldUTAUTIt was found that performance expectancy positively affected the behavioural intention to adopt blockchain in the logistics and supply chain in both India and the US. The influence of facilitating conditions on the adoption of blockchain was the case only in the US
Lian et al. (2020) Blockchain-based smart lockersTAMIt was found that perceived usefulness and perceived ease of use are the critical factors. It also indicated that safety was not the major concern when using a blockchain-based smart locker

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