Assessing Blockchain Adoption in Supply Chain Management, Antecedent of Technology Readiness, Knowledge Sharing and Trading Need

The present research aimed to establish a framework integrating the concept of technology readiness with variables that accomplished the blockchain adoption theory to identify the impact of blockchain adoption on supply chain transparency, blockchain transparency, and supply chain performance. The methodology used was quantitative with PLS-SEM as the analysis method. There were 295 validated datasets used. The procedure of data collection involved questionnaires. The key finding of the research confirmed the six proposed hypotheses. It was also confirmed that technology readiness, knowledge sharing, and trading needs were significant for the profitability of blockchain technology adoption in supply chain management. On the other hand, blockchain adoption played a significant role in supply chain transparency, blockchain transparency, and supply chain performance. The novelty of this research is in the integration of technology readiness into blockchain in the field of supply chain management. This research can be used to improve and analyze the success rate of blockchain adoption in supply chain management systems. The findings of this study contribute to several aspects, namely practical and academic implications, by providing more insights that correlate with blockchain integration into supply chain management systems.