APJIS Asia Pacific Journal of Information Systems


The Journal for Information Professionals

Asia Pacific Journal of Information Systems (APJIS), a Scopus and ABDC indexed journal, is a
flagship journal of the information systems (IS) field in the Asia Pacific region.

ISSN 2288-5404 (Print) / ISSN 2288-6818 (Online)

Editor : Seung Hyun Kim

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Current Issue

Date June 2022
Vol. No. Vol. 32 No. 2
DOI 10.14329/apjis.2022.32.2.191
Page 191~225
Title Why is the Interest in Blockchain Still on the Decline? Blockchain Challenges, Review, and Research Agenda
Author Kumar Saurabh, Neelam Rani, Ridhi Arora, Debasisha Mishra, Ramkumar M.
Keyword Blockchain, Smart Contracts, Digital Transformation (DT), Decentralisation, MAXQDA, TCCM
Abstract Based on its technological elements (distribution, encryption, immutability, tokenisation, decentralisation, and smart contracts), blockchain has drawn considerable attention in various industries and verticals. Still, the strategic adoption of blockchain is in its early stages because of the current barriers and challenges in the areas of ‘customer experience’, ‘business models’, and ‘operational processes.’ This work delivers a comprehensive synopsis of the fundamental challenges faced by blockchain adopters in their digital journey, based on a literature survey. The authors leveraged MAXQDA software and the theory, context, characteristics, and methodology (TCCM) framework to develop themes, findings, and evidence for adoption barriers. The research evaluates the literature on blockchain adoption challenges and offers research insights and managerial agendas for future inferences.

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