Paper Number
ECIS2026-1878
Paper Type
SP
Abstract
This study examines how technological and institutional factors interact to shape blockchain adoption in the finance sector. Combining a systematic literature review (SLR) with fuzzy-set qualitative comparative analysis (fsQCA), the study identifies configurations that link technological capabilities such as security, transparency and automation with institutional mechanisms of regulation, efficiency and legitimacy. The findings show that blockchain evolves from a decentralized concept into a regulated infrastructure where governance is embedded in design through technological and institutional hybridization. Guided by theories of hybridization and institutional layering, the study explains how transparency and regulation co-evolve, producing regulated autonomy and programmable compliance as outcomes of digital transformation in finance. The paper contributes to research on blockchain adoption, digital governance and institutional theory by clarifying how innovation becomes institutionalized within existing regulatory frameworks while sustaining efficiency and legitimacy.
Recommended Citation
Mattos, Paulo; Picoto, Winnie; and Pedron, Cristiane, "Hybridization Of Technological And Institutional Layers In Blockchain Adoption In Finance" (2026). ECIS 2026 Proceedings. 6.
https://aisel.aisnet.org/ecis2026/blockfintech/blockfintech/6
Hybridization Of Technological And Institutional Layers In Blockchain Adoption In Finance
This study examines how technological and institutional factors interact to shape blockchain adoption in the finance sector. Combining a systematic literature review (SLR) with fuzzy-set qualitative comparative analysis (fsQCA), the study identifies configurations that link technological capabilities such as security, transparency and automation with institutional mechanisms of regulation, efficiency and legitimacy. The findings show that blockchain evolves from a decentralized concept into a regulated infrastructure where governance is embedded in design through technological and institutional hybridization. Guided by theories of hybridization and institutional layering, the study explains how transparency and regulation co-evolve, producing regulated autonomy and programmable compliance as outcomes of digital transformation in finance. The paper contributes to research on blockchain adoption, digital governance and institutional theory by clarifying how innovation becomes institutionalized within existing regulatory frameworks while sustaining efficiency and legitimacy.