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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Elsevier Publisher
2021
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/31589/ http://umpir.ump.edu.my/id/eprint/31589/1/Blockchain-enable%20technology.pdf |
| _version_ | 1848823805088104448 |
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| author | Fernando, Yudi Nor Hazwani, Mohd Rozuar Mergeresa, Fineke |
| author_facet | Fernando, Yudi Nor Hazwani, Mohd Rozuar Mergeresa, Fineke |
| author_sort | Fernando, Yudi |
| building | UMP Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T03:02:58Z |
| format | Article |
| id | ump-31589 |
| institution | Universiti Malaysia Pahang |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T03:02:58Z |
| publishDate | 2021 |
| publisher | Elsevier Publisher |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | ump-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. (Published) https://doi.org/10.1016/j.techsoc.2020.101507 https://doi.org/10.1016/j.techsoc.2020.101507 |
| 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 |
| title | 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_short | The blockchain-enabled technology and carbon performance: Insights from early adopters |
| title_sort | blockchain-enabled technology and carbon performance: insights from early adopters |
| topic | HD28 Management. Industrial Management HE Transportation and Communications HF Commerce T Technology (General) TS Manufactures |
| url | http://umpir.ump.edu.my/id/eprint/31589/ http://umpir.ump.edu.my/id/eprint/31589/ http://umpir.ump.edu.my/id/eprint/31589/ http://umpir.ump.edu.my/id/eprint/31589/1/Blockchain-enable%20technology.pdf |