Barrier identification, analysis and solutions of blockchain adoption in construction: a fuzzy DEMATEL and TOE integrated method

Author:

Wu Haitao,Zhong Wenyan,Zhong Botao,Li Heng,Guo Jiadong,Mehmood ImranORCID

Abstract

PurposeBlockchain has the potential to facilitate a paradigm shift in the construction industry toward effectiveness, transparency and collaboration. However, there is currently a paucity of empirical evidence from real-world construction projects. This study aims to systematically review blockchain adoption barriers, investigate critical ones and propose corresponding solutions.Design/methodology/approachAn integrated method was adopted in this research based on the technology–organization–environment (TOE) theory and fuzzy decision-making trial and evaluation laboratory (DEMATEL) approach. Blockchain adoption barriers were first presented using the TOE framework. Then, key barriers were identified based on the importance and causality analysis in the fuzzy DEMATEL. Several suggestions were proposed to facilitate blockchain diffusion from the standpoints of the government, the industry and construction organizations.FindingsThe results highlighted seven key barriers. Specifically, the construction industry is more concerned with environmental barriers, such as policy uncertainties (E2) and technology maturity (E3), while most technical barriers are causal factors, such as “interoperability (T4)” and “smart contracts' security (T2)”.Practical implicationsThis study contributes to a better understanding of the problem associated with blockchain implementation and provides policymakers with recommendations.Originality/valueIdentified TOE barriers lay the groundwork for theoretical observations to comprehend the blockchain adoption problem. This research also applied the fuzzy method to blockchain adoption barrier analysis, which can reduce the uncertainty and subjectivity in expert evaluations with a small sample.

Publisher

Emerald

Subject

General Business, Management and Accounting,Building and Construction,Architecture,Civil and Structural Engineering

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