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The blockchain-enabled technology and carbon performance: Insights from early adopters

This paper examined the drivers of blockchain technology adoption and carbon performance using the theory of technology-organization-environment (TOE) as the basis for the development of a technology adoption framework. Blockchain technology has passed the proof testing phase and is attracting early...

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Main Authors:	Fernando, Yudi, Nor Hazwani, Mohd Rozuar, Mergeresa, Fineke
Format:	Article
Language:	English
Published:	Elsevier Publisher 2021
Subjects:	HD28 Management. Industrial Management HE Transportation and Communications HF Commerce T Technology (General) TS Manufactures
Online Access:	http://umpir.ump.edu.my/id/eprint/31589/1/Blockchain-enable%20technology.pdf http://umpir.ump.edu.my/id/eprint/31589/ https://doi.org/10.1016/j.techsoc.2020.101507 https://doi.org/10.1016/j.techsoc.2020.101507
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id	my.ump.umpir.31589
record_format	eprints
spelling	my.ump.umpir.315892021-07-06T08:50:50Z http://umpir.ump.edu.my/id/eprint/31589/ The blockchain-enabled technology and carbon performance: Insights from early adopters Fernando, Yudi Nor Hazwani, Mohd Rozuar Mergeresa, Fineke HD28 Management. Industrial Management HE Transportation and Communications HF Commerce T Technology (General) TS Manufactures This paper examined the drivers of blockchain technology adoption and carbon performance using the theory of technology-organization-environment (TOE) as the basis for the development of a technology adoption framework. Blockchain technology has passed the proof testing phase and is attracting early adopters who can gain benefits from it. Manufacturing firms that had adopted the blockchain technology and voluntary reported the carbon emission were targeted as the sample and survey data were collected from manufacturing firms that were registered with the Association of Malaysian Manufacturers. Unfavourable support of top management and the lack of technology competence were the main barriers to the adoption of blockchain technology among manufacturing firms. The results indicate that firms did not achieve low carbon performance and that a lack of pressure from competitors and technical competency to undertake blockchain technology were factors. No evidence existed demonstrating a linkage of early adopters of blockchain technology with and low carbon performance. Recommendations of this study include that firms should take the initiative to record the energy consumption, engage in the transfer of carbon credits, and monitor carbon performance using reliable technology to improve business transparency and sustainability. Elsevier Publisher 2021-02-01 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/31589/1/Blockchain-enable%20technology.pdf Fernando, Yudi and Nor Hazwani, Mohd Rozuar and Mergeresa, Fineke (2021) The blockchain-enabled technology and carbon performance: Insights from early adopters. Technology in Society, 64 (1). p. 101507. ISSN 0160-791X https://doi.org/10.1016/j.techsoc.2020.101507 https://doi.org/10.1016/j.techsoc.2020.101507
institution	Universiti Malaysia Pahang
building	UMP Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Malaysia Pahang
content_source	UMP Institutional Repository
url_provider	http://umpir.ump.edu.my/
language	English
topic	HD28 Management. Industrial Management HE Transportation and Communications HF Commerce T Technology (General) TS Manufactures
spellingShingle	HD28 Management. Industrial Management HE Transportation and Communications HF Commerce T Technology (General) TS Manufactures Fernando, Yudi Nor Hazwani, Mohd Rozuar Mergeresa, Fineke The blockchain-enabled technology and carbon performance: Insights from early adopters
description	This paper examined the drivers of blockchain technology adoption and carbon performance using the theory of technology-organization-environment (TOE) as the basis for the development of a technology adoption framework. Blockchain technology has passed the proof testing phase and is attracting early adopters who can gain benefits from it. Manufacturing firms that had adopted the blockchain technology and voluntary reported the carbon emission were targeted as the sample and survey data were collected from manufacturing firms that were registered with the Association of Malaysian Manufacturers. Unfavourable support of top management and the lack of technology competence were the main barriers to the adoption of blockchain technology among manufacturing firms. The results indicate that firms did not achieve low carbon performance and that a lack of pressure from competitors and technical competency to undertake blockchain technology were factors. No evidence existed demonstrating a linkage of early adopters of blockchain technology with and low carbon performance. Recommendations of this study include that firms should take the initiative to record the energy consumption, engage in the transfer of carbon credits, and monitor carbon performance using reliable technology to improve business transparency and sustainability.
format	Article
author	Fernando, Yudi Nor Hazwani, Mohd Rozuar Mergeresa, Fineke
author_facet	Fernando, Yudi Nor Hazwani, Mohd Rozuar Mergeresa, Fineke
author_sort	Fernando, Yudi
title	The blockchain-enabled technology and carbon performance: Insights from early adopters
title_short	The blockchain-enabled technology and carbon performance: Insights from early adopters
title_full	The blockchain-enabled technology and carbon performance: Insights from early adopters
title_fullStr	The blockchain-enabled technology and carbon performance: Insights from early adopters
title_full_unstemmed	The blockchain-enabled technology and carbon performance: Insights from early adopters
title_sort	blockchain-enabled technology and carbon performance: insights from early adopters
publisher	Elsevier Publisher
publishDate	2021
url	http://umpir.ump.edu.my/id/eprint/31589/1/Blockchain-enable%20technology.pdf http://umpir.ump.edu.my/id/eprint/31589/ https://doi.org/10.1016/j.techsoc.2020.101507 https://doi.org/10.1016/j.techsoc.2020.101507
_version_	1705057026391932928
score	13.211869

The blockchain-enabled technology and carbon performance: Insights from early adopters

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