Figure 1
A conceptual framework links transparency, traceability, and trust relevance to perceived benefits and overall blockchain value.The conceptual framework contains 7 dashed boxes connected by directional arrows. Transparency relevance connects to perceived transparency benefit through H 1 a, and perceived transparency benefit connects to perceived overall blockchain value through H 2 a. Transparency relevance also connects directly to perceived overall blockchain value through H 3 a. Traceability relevance connects to perceived traceability benefit through H 1 b, and perceived traceability benefit connects to perceived overall blockchain value through H 2 b. Traceability relevance also connects directly to perceived overall blockchain value through H 3 b. Trust relevance connects to perceived trust benefit through H 1 c, and perceived trust benefit connects to perceived overall blockchain value through H 2 c. Trust relevance also connects directly to perceived overall blockchain value through H 3 c.

Conceptual research model with hypothesized direct and indirect relationships

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