A readiness assessment framework for Blockchain adoption: a healthcare case study

Article


Balasubramanian, S., Shukla, V., Sethi, J., Islam, N. and Saloum, R. 2021. A readiness assessment framework for Blockchain adoption: a healthcare case study. Technological Forecasting and Social Change. 165, pp. 1-16. https://doi.org/10.1016/j.techfore.2020.120536
TypeArticle
TitleA readiness assessment framework for Blockchain adoption: a healthcare case study
AuthorsBalasubramanian, S., Shukla, V., Sethi, J., Islam, N. and Saloum, R.
Abstract

Blockchain technology has been gaining traction across different sectors. It has the potential to immensely benefit the healthcare sector, given the sector's inherent complexities, problems, and inefficiencies. However, to date, no comprehensive, evidence-based effort has been made to understand the readiness of this sector for blockchain adoption. We proposed a readiness assessment framework that encompasses the complex interplay of different underlying factors, social structures, and institutional mechanisms and that covers all key stakeholders. Based on a systematic literature review, the framework is applied to the UAE's healthcare sector and its applicability and usefulness is established. The findings show the multifaceted significance of government readiness in driving blockchain initiatives. Large firms are found to be more willing to leverage the opportunities afforded by blockchain. Lack of clarity on blockchain regulations and laws, and issues pertaining to privacy and trust are found to affect the readiness of all stakeholders. The proposed framework and the study's findings will be useful in guiding policy interventions and developing support mechanisms to strengthen areas related to blockchain adoption.

KeywordsBlockchain; Readiness assessment framework; Healthcare; Stakeholder; Covid-19; Case study; UAD
LanguageEnglish
PublisherElsevier
JournalTechnological Forecasting and Social Change
ISSN0040-1625
Publication dates
Online04 Jan 2021
Print01 Apr 2021
Publication process dates
Deposited07 Jan 2021
Accepted15 Dec 2020
Output statusPublished
Accepted author manuscript
License
Copyright Statement

© 2021. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/

Digital Object Identifier (DOI)https://doi.org/10.1016/j.techfore.2020.120536
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