Opportunities, barriers, and enablers of blockchain adoption in organizations

Nir Kshetri

Chapter 8 in The Rise of Blockchains, 2026, pp 141-158 from Edward Elgar Publishing

Abstract: This chapter provides a comprehensive analysis of the factors driving and inhibiting blockchain adoption across various sectors. It identifies key enablers, such as the emergence of “Blockchain-as-a-Service” (BaaS) from providers like IBM and Microsoft, and the role of civil society and multilateral organizations in demanding supply chain transparency. A significant focus is placed on the video game industry as a primary driver for mass consumer adoption through Play-to-Earn (P2E) models and NFTs. The chapter contrasts these successes with the “institutional lag” in the government sector. Detailed case studies, including Sierra Leone's National Digital Identity Platform and India's Andhra Pradesh land registry, illustrate how blockchain can provide financial inclusion for the unbanked and protect property rights. Finally, the discussion addresses salient barriers, specifically the lack of “absorptive capacity”—the critical shortage of skilled blockchain developers—and the technical complexity of mapping physical commodities to digital ledgers in industrial supply chains.

Keywords: Blockchain-as-a-Service (BaaS); Play-to-Earn (P2E); Digital Identity; Land Registry; Absorptive Capacity; Supply Chain Transparency (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035394333
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035394340.00016 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:25525_8

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().