Table 3

Best and worst main and sub-criteria identified by experts 1–20

Blockchain adoption criteriaNumber of experts selected as bestNumber of experts selected as worst
Technological factor (TEC)84
Organizational facto r (ORG)66
Environmental factor (ENV)610
Compatibility (TEC1) 3
Security and privacy (TEC2)9 
Immutability (TEC3)1 
Infrastructural facility (TEC4)5 
Access to blockchain technology and tools (TEC5)5 
Ease of use (TEC6)37
Perceived benefits (TEC7)110
Capability of human resources (ORG1)25
Organizational culture (ORG2)111
Top management support (ORG3)23
Perceived costs of investment (ORG4)72
Presence of training facilities (ORG5)8 
Market uncertainty (ENV1)39
External stakeholder (ENV2)2 
Competitive pressure (ENV3)14
Government policy and support (ENV4)61
Industry involvement (ENV5)81

Source(s): Authors' own work

or Create an Account

Close subscription notice
Close access options