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Blockchain for the Modern Enterprise: Addressing Practical Barriers
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Blockchain Technology (BCT) is a decentralized, transparent, peer-to-peer distributed ledger that records immutable transactions. Each blockchain node holds a full copy of the ledger, making it secure against attacks and eliminating the need for intermediaries. BCT enhances confidence in enterprise systems, streamlining data storage and retrieval across departments like supply chain, finance, and marketing. This book explored factors influencing BCT adoption among Indian IT professionals using the extended Technology Acceptance Model (TAM2). Surveying 396 IT specialists across various sectors, the study found that perceived usefulness, scalability, ease of use, performance, adaptability, effort, and maintainability significantly impacted adoption, while experience had no effect. Although India is in the early stages of digital transformation, BCT offers potential solutions for enterprise applications and supports the broader Digital India initiative.
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