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A Decision Framework for Blockchain Adoption

2022/10/24 by Vittorio Capocasale, Capocasale, Vittorio, Guido Perboli +1
Business, Management and Accounting · Computer Science · #Blockchain Technology Applications and Security #Cloud Computing and Resource Management #Cryptography and Security (cs.CR) #FOS: Computer and information sciences #FinTech, Crowdfunding, Digital Finance

paper · pdf · doi:10.48550/arxiv.2210.14888

openalex publication_date 2022/10/24 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

Blockchain and distributed ledger technologies are gaining the interest of the academy, companies, and institutions. Nonetheless, the path toward blockchain adoption is not straightforward, as blockchain is a complex technology that requires revisiting the standard way of addressing problems and tackling them from a decentralized perspective. Thus, decision-makers adopt blockchain technology for the wrong reasons or prefer it to more suitable ones. This work presents a decision framework for blockchain adoption to help decision-makers decide whether blockchain is applicable, valuable, and preferable to other technologies. In particular, The decision framework is composed of a small set of questions that can be answered from a managerial standpoint and that do not require a deep technical knowledge of blockchain-related topics.

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