Paper Number

1773

Paper Type

Complete

Description

Through the lens of the technology-organization-environment framework, this study aims to identify the relevant influencing factors and future opportunities for blockchain technology (BCT) adoption in the automotive industry. By applying an exploratory qualitative empirical study with semi-structured interviews with blockchain experts from the German automotive industry, a revised TOE framework is proposed in this context, confirming previous findings while also incorporating the newly discovered contextual factors of education & skills and sustainability. The analysis of a subsequent quantitative study reveals that while all factors affect BCT adoption, not all context factors have an equally strong impact. The most emphasized emerging BCT opportunities are autonomous driving, decentralized network, digital identity management, and traceability of the supply chain. The findings of this study provide guidance to organizations, politicians, consultants, and managers for defining strategies that aid in the successful adoption and value creation of BCT applications.

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07-Blockchain

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Dec 12th, 12:00 AM

From Block to TOE: Analyzing Opportunities of Blockchain Technologies in the Automotive Industry

Through the lens of the technology-organization-environment framework, this study aims to identify the relevant influencing factors and future opportunities for blockchain technology (BCT) adoption in the automotive industry. By applying an exploratory qualitative empirical study with semi-structured interviews with blockchain experts from the German automotive industry, a revised TOE framework is proposed in this context, confirming previous findings while also incorporating the newly discovered contextual factors of education & skills and sustainability. The analysis of a subsequent quantitative study reveals that while all factors affect BCT adoption, not all context factors have an equally strong impact. The most emphasized emerging BCT opportunities are autonomous driving, decentralized network, digital identity management, and traceability of the supply chain. The findings of this study provide guidance to organizations, politicians, consultants, and managers for defining strategies that aid in the successful adoption and value creation of BCT applications.

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