Ying Zhang
About
My research project
Blockchain adoption in organisationsGlobal spending on blockchain solutions in 2021 is estimated to be nearly 6.6 billion dollars, an increase of over 50% compared to 2020. According to the IDC spending guide, expenditure is forecast to continue growing, amounting to 19 billion dollars in 2024. Investment increases reflects organisations’ adoption of blockchain technologies. Information exchange and digital currency are the two most popular uses of blockchain. Decentralised networks and tamper-evident ledgers in blockchain are perceived to enhance trust and transparency in business activities. Practitioners in supply chain, global trade, and international payments have been early adopters.
Existing literature on blockchain has identified the potential of this disruptive technology in many fields. The volume of publications has grown exponentially in recent years. An increasing number of organisations are exploring ways in which blockchain technology can enhance their capabilities. Inevitably, competing arguments appear in blockchain’s diffusion and adoption. To fully release the potential of blockchain, the key drivers and inhibitors need to be comprehensively investigated. Particularly, trust and privacy are two permeating elements in the process of blockchain adoption. This project aims to inform practitioners' decisions on blockchain adoption.
Supervisors
Global spending on blockchain solutions in 2021 is estimated to be nearly 6.6 billion dollars, an increase of over 50% compared to 2020. According to the IDC spending guide, expenditure is forecast to continue growing, amounting to 19 billion dollars in 2024. Investment increases reflects organisations’ adoption of blockchain technologies. Information exchange and digital currency are the two most popular uses of blockchain. Decentralised networks and tamper-evident ledgers in blockchain are perceived to enhance trust and transparency in business activities. Practitioners in supply chain, global trade, and international payments have been early adopters. Existing literature on blockchain has identified the potential of this disruptive technology in many fields. The volume of publications has grown exponentially in recent years. An increasing number of organisations are exploring ways in which blockchain technology can enhance their capabilities. Inevitably, competing arguments appear in blockchain’s diffusion and adoption. To fully release the potential of blockchain, the key drivers and inhibitors need to be comprehensively investigated. Particularly, trust and privacy are two permeating elements in the process of blockchain adoption. This project aims to inform practitioners' decisions on blockchain adoption.