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Blockchain’s weakest links : a modified UTAUT model analysis of the TradeLens case
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Florence : European University Institute, 2023
EUI; STG; Master Thesis
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WAFULA, Clarke Sumbule, Blockchain’s weakest links : a modified UTAUT model analysis of the TradeLens case, Florence : European University Institute, 2023, EUI, STG, Master Thesis - https://hdl.handle.net/1814/76074
Abstract
The recent withdrawal of TradeLens, an enterprise blockchain consortium, emphasizes that, while blockchain can revolutionize the supply chain industry, its successful deployment and adoption remain limited. I analyse the factors that enterprise blockchain consortia experience in their efforts to achieve industry-wide diffusion. I use a case study research approach and a modified Unified Theory of Acceptance and Use of Technology (UTAUT) model with empirical evidence gathered from in-depth interviews and secondary data sources. The thesis finds that the cost of implementing blockchain technology, platform governance issues and a lack of international cooperation poses significant challenges to achieving industry-wide adoption of this solution.
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Award date: 15 June 2023
Supervisor: Prof. Andrea Renda (European University Institute)
Supervisor: Prof. Andrea Renda (European University Institute)