Are We Blockchain Ready: A Systematic Review

Posted: 7 Jul 2020

See all articles by Johnny Chan

Johnny Chan

University of Auckland Business School

Veronika Ott

affiliation not provided to SSRN

Date Written: 2018

Abstract

It has been a decade since blockchain is introduced to the world by Satoshi Nakamoto. Are we ready to adopt the technology and build new things on top of it by now? Would blockchain change how we change things if we could organise ourselves in a trustless system? To answer these questions, we conduct a systematic review of the literature to study all the relevant blockchain research from our colleagues. We identify three factors that could provide the required conditions for blockchain to be adopted more readily among industries and societies as a means to establish trust: a legal framework, deep understanding, and evidence-based benefit. We further discuss the implication of blockchain to our understanding of innovation, and the opportunities and challenges we are facing today with too many initiatives and ideas.

Keywords: blockchain; distributed ledger technology; smart contracts; trust; adoption; decentralisation, innovation, systematic review

Suggested Citation

Chan, Johnny and Ott, Veronika, Are We Blockchain Ready: A Systematic Review (2018). ISPIM Conference Proceedings, 2018, The University of Auckland Business School Research Paper, Available at SSRN: https://ssrn.com/abstract=3624582

Johnny Chan (Contact Author)

University of Auckland Business School ( email )

12 Grafton Rd
Private Bag 92019
Auckland, 1010
New Zealand

Veronika Ott

affiliation not provided to SSRN

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