Influencing Factors for Blockchain Adoption in Construction Project Logistics

Kenneth Otasowie (), Clinton Aigbavboa, Ayodeji Oke and Peter Adekunle
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Kenneth Otasowie: University of Johannesburg
Clinton Aigbavboa: University of Johannesburg
Ayodeji Oke: University of Johannesburg
Peter Adekunle: University of Johannesburg

Chapter Chapter 129 in Proceedings of the 28th International Symposium on Advancement of Construction Management and Real Estate, 2024, pp 1865-1878 from Springer

Abstract: Abstract Blockchain technology has been touted as a technology that has the ability to change the built environment, particularly in the area of logistical management. This is as construction logistics is being regarded as very complex process. Also, several studies have highlighted the importance of blockchain technology in logistics management in the built environment. However, none of these studies have considered the rationale behind the adoption of the technology in logistics management within the built environment sector, particularly within the South African context. Hence, this study seeks to examine the rationale behind the technology adoption in construction project logistics in South Africa. A Survey design was adopted. A total number of one hundred and twenty-five (125) questionnaires were administered to construction professionals in Guateng Province, SA and ninety-eight (98) were returned and found suitable for analysis. Collected data was analyzed using percentage, mean item score, standard deviation, one sample t-test, and Kruskal–Wallis. The findings reveal the factors influencing the adoption of this solution in the management of construction logistics in SA which are inter-organizational trust, security, transportation cost, business process, customer/client service, data transparency, compatibility, technology strategy and implementation, organizational size, relational governance, organizational readiness, amongst others. Based on the study’s findings, it is obvious blockchain technology is expected to transform corporate operations and help construction logistics achieve client expectations for accuracy, clarity, and promptness by creating an ethical working environment to win clients’ trust. Hence, the study recommends the consideration and inclusion of these influencing factors for blockchain adoption in construction logistics strategy while putting the technology into practice.

Keywords: Adoption; Blockchain; Construction project logistics; South Africa (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/978-981-97-1949-5_130

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