Evaluating the factors that influence blockchain adoption in the freight logistics industry

This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that ‘availability of specific blockchain tools’, ‘infrastructural facility’, and ‘government policy and support’ are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.