Revealing the Barriers of Blockchain Technology for Supply Chain Transparency and Sustainability in the Construction Industry: An Application of Pythagorean FAHP Methods

Author:

Singh Atul Kumar1ORCID,Kumar V. R. Prasath1ORCID,Irfan Muhammad23ORCID,Mohandes Saeed Reza4ORCID,Awan Usama5ORCID

Affiliation:

1. Department of Civil Engineering, Faculty of Engineering and Technology, SRM Institute of Science and Technology, Kattankulathur 603203, Tamil Nadu, India

2. School of Economics, Beijing Technology and Business University, Beijing 100048, China

3. School of Business Administration, ILMA University, Karachi 75190, Pakistan

4. Engineering Management Department, The University of Manchester, Sackville Street, Manchester M13 9PL, UK

5. Center for Research on Digitalization and Sustainability, Inland Norway Business School, Inland Norway University of Applied Sciences, Strandvegen 3, 2212 Kongsvinger, Norway

Abstract

Blockchain technology has emerged as a promising solution to enhance supply chain transparency and sustainability in the construction industry. However, the widespread adoption of blockchain faces several barriers that need to be identified and understood. The construction industry faces significant challenges regarding supply chain transparency and sustainability. Current practices lack visibility, leading to difficulties in tracing material origins, tracking movement, and ensuring compliance. To fill this gap, this study employed a three-phase approach. In the first phase, a comprehensive literature review identified 37 potential barriers. Subsequently, expert discussions were held to refine the list, ultimately selecting 15 barriers of utmost importance. In the second phase, data were collected from 17 experts representing academia and industry. Finally, in the last phase, the collected data were analyzed using the Pythagorean fuzzy analytical hierarchical process (AHP) methodology. The findings revealed that the “transparency range” category was the most critical barrier, closely followed by “inadequate access to institutional finance”. Surprisingly, the study identified the “security environment” as the most significant barrier. These results offer construction companies, policymakers, and other industry stakeholders a comprehensive understanding of blockchain adoption’s challenges. With this knowledge, stakeholders can design effective strategies and policies to address these barriers. Moreover, the research highlights the importance of considering uncertainty in decision making when assessing technology adoption, making the findings applicable beyond the construction industry.

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3