Categorizing and relating implementation challenges for realizing blockchain applications in government

Journal article (2022)

Authors

Sunil Luthra Ch. Ranbir Singh State Institute of Engineering and Technology
Nripendra P. Rana Qatar University
Gunjan Yadav Swarrnim Startup and Innovation University
Yogesh K. Dwivedi Swansea University, Bharati Vidyapeeth Deemed University
Copyright: © 2022 Sunil Luthra, M.F.W.H.A. Janssen, Nripendra P. Rana, Gunjan Yadav, Yogesh K. Dwivedi
DOI: https://doi.org/10.1108/ITP-08-2020-0600
Blockchain Implementation Blockchain technology Challenges Interpretive structural modeling MICMAC analysis
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Published Date

2022

Language

English

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Abstract

Purpose: Blockchain technology (BCT) can be used for a wide variety of applications across domains and can bring many benefits. BCT-based applications can be beneficial for the government as well as businesses. Despite the many promises, BCT implementation lags behind. The purpose of this research is to identify a roadmap of critical implementation challenges that influence BCT implementation by governments. Design/methodology/approach: The study develops an ISM-based model spread across seven levels to analyze the inter-relationship among the selected BCT challenges. The MICMAC analysis further helps in evaluating the variables based on their driving power and dependencies. Findings: The findings show that all challenges have a strong impact on implementing BCT. The foundation for implementation BCT is to define standards and develop appropriate regulations. Next, the findings show the need for a shared infrastructure meeting the basic technical and societal requirements and developing viable business models to advance BCT implementation. Many challenges hinder the development of blockchain applications meeting the technical and ethical requirements. Originality/value: Existing research has analyzed the relationship among challenges. To the best of the authors' knowledge this is the first paper to collate these implementation challenges and incorporate them to develop a hierarchical model using interpretive structural modeling technique. The results can be used to prioritize the tackling of the challenges.