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Blockchain adoptions in the maritime industry: a conceptual framework
Pu, S.; Lam, J.S.L. (2021). Blockchain adoptions in the maritime industry: a conceptual framework. Marit. Policy Manage. 48(6): 777-794. https://dx.doi.org/10.1080/03088839.2020.1825855
In: Maritime Policy and Management. Taylor & Francis: London. ISSN 0308-8839; e-ISSN 1464-5254, meer
Peer reviewed article  

Beschikbaar in  Auteurs 

Trefwoord
    Marien/Kust
Author keywords
    Blockchain; distributed ledger; maritime; shipping; technology adoption

Auteurs  Top 
  • Pu, S.
  • Lam, J.S.L., meer

Abstract
    Blockchain technology has become one of the emerging technologies set to disrupt the maritime industry. Maritime companies are increasingly exploring to adopt blockchain to stay ahead of competition. However, studies on blockchain applications in the maritime sector have been scarce and most of them are confined to a specific sector like the maritime shipping sector. Therefore, this study is motivated to provide a thorough analysis of blockchain applications from the perspectives of different sectors in the industry. It also aims to develop a novel conceptual framework to provide a holistic view of blockchain adoption in the industry and guide future research. The implication analysis of blockchain adoption indicates that for industry organisations, a good understanding of blockchain and their own specific problems and requirements is key before adopting the technology. For government agencies, technical code for blockchain can be utilised to govern blockchain innovation with the same effects as legal code. Lastly, recommendations are provided to various maritime stakeholders to seize the emerging opportunities provided by blockchain and mitigate relevant risks.

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