A readiness assessment framework for Blockchain adoption: a healthcare case study

Balasubramanian, Sreejith ORCID logoORCID: https://orcid.org/0000-0002-0475-7305, Shukla, Vinaya ORCID logoORCID: https://orcid.org/0000-0002-2546-4931, Sethi, Jaspreet Singh ORCID logoORCID: https://orcid.org/0000-0003-1782-1457, Islam, Nazrul ORCID logoORCID: https://orcid.org/0000-0003-0515-1134 and Saloum, Roy (2021) A readiness assessment framework for Blockchain adoption: a healthcare case study. Technological Forecasting and Social Change, 165 , 120536. pp. 1-16. ISSN 0040-1625 [Article] (doi:10.1016/j.techfore.2020.120536)

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Blockchain technology has been gaining traction across different sectors. It has the potential to immensely benefit the healthcare sector, given the sector's inherent complexities, problems, and inefficiencies. However, to date, no comprehensive, evidence-based effort has been made to understand the readiness of this sector for blockchain adoption. We proposed a readiness assessment framework that encompasses the complex interplay of different underlying factors, social structures, and institutional mechanisms and that covers all key stakeholders. Based on a systematic literature review, the framework is applied to the UAE's healthcare sector and its applicability and usefulness is established. The findings show the multifaceted significance of government readiness in driving blockchain initiatives. Large firms are found to be more willing to leverage the opportunities afforded by blockchain. Lack of clarity on blockchain regulations and laws, and issues pertaining to privacy and trust are found to affect the readiness of all stakeholders. The proposed framework and the study's findings will be useful in guiding policy interventions and developing support mechanisms to strengthen areas related to blockchain adoption.

Item Type: Article
Keywords (uncontrolled): Blockchain; Readiness assessment framework; Healthcare; Stakeholder; Covid-19; Case study; UAD
Research Areas: A. > Business School > International Management and Innovation
Item ID: 31788
Notes on copyright: © 2021. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
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Depositing User: Jisc Publications Router
Date Deposited: 07 Jan 2021 08:51
Last Modified: 29 Nov 2022 17:55
URI: https://eprints.mdx.ac.uk/id/eprint/31788

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