Assessing the Factors Hindering the Early Adoption of Blockchain Technology,

Abstract

In Tanzania, the adoption and use of blockchain technology in supply chains is still early and requires more time to fully realize this breakthrough. This study intends to analyse factors hindering the early adoption of blockchain technology, A case of Ministry of Energy – Tanzania. In this study, a descriptive research design was used. The study's target population was workers from the Ministry of Energy's Dodoma Offices from all departments. The study found that to the large extent organization barriers are the most leading factors that hinder the early adoption of blockchain. This was attributed by the resistance and lack of management commitment support, lack of expertise and technical knowledge priority, lack of policies, cultural differences and perceived effort in collaboration and communication in the early adoption of blockchain technology. The study unveiled that to the moderate extent technological barriers hinder the early adoption of blockchain technology. This was accredited by the complexity, security and vulnerability, network as a nature of technology, scalability and cost of implementation of the early adoption of blockchain technology. The study designated that to the moderate extent environmental factors hinder the early adoption of blockchain technology. The study revealed that the perceived constraint on encouragement program, government support, proper regulations and legal framework within blockchain hinder the early adoption of blockchain technology. The study recommends that, further research on the same issue should be undertaken on other government and private organizations for comparison results.