Affiliation:
1. School of International Management Modul University Vienna Vienna Austria
2. Department of Management and Law, Faculty of Economics University of Rome Tor Vergata Rome Italy
Abstract
AbstractBlockchain technology has been suggested as a groundbreaking solution for disaster prevention and relief. However, there is a dearth of both practical applications and systematic academic research into how those existing blockchain solutions actually help to prevent disasters and/or alleviate their negative impacts. The purpose of this paper was to extend previous research by investigating existing blockchain solutions using a rigorous multiple case study approach. Based on stakeholder theory, a structured framework is developed that examines the roles of key stakeholders in disaster situations, illustrates organizations' motivations to deploy blockchain technology, identifies various use cases, lists the relevant blockchain properties, and highlights contingency factors for successful implementations. The findings demonstrate that blockchain applications can improve both disaster prevention as well as disaster relief efforts by streamlining information flows and augmenting the capabilities of core stakeholders. Furthermore, numerous propositions can be derived from the framework that can be used as starting points for further in‐depth investigations. This study familiarizes practitioners with blockchain's potential for disaster management and provides academics with a theory‐based foundation for future research.
Subject
Management Science and Operations Research,Business, Management and Accounting (miscellaneous)
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