The barries to adopting blockchain technology in construction projects delivery.
Date
2023-10
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Federal University of Technology,Owerri
Abstract
This study is aimed at evaluating the barriers to adopting blockchain technology and its implementation in construction project delivery in Imo State, Nigeria. It specifically sought to identify the major barriers to adopting and implementing Blockchain technology in construction project delivery, develop causal relationships among the finalized barriers to adopting Blockchain technology in construction project delivery, prioritize the barriers according to how to manage them based on their cause-and-effect relationship using feedbacks from experts in Imo State, Nigeria. This research was guided by the theory of reasoned action (TRA), technology acceptance model (TAM) and diffusion of innovation (DOI) theory. The study used an exploratory and multi-method (qualitative and quantitative) research design methods of investigation, and a simple random sampling technique was used to select a sample size of 123 from a population of 194 people using the Krejcie and Morgan’s method of sample size determination, and five (5) construction projects from the sampled practitioners in Imo state. The data collection and survey instrument included a well-structured questionnaire, focus group interviews/discussion and personal observations and visits to elicit information from respondents/construction project locations. The collected data was presented in the form of frequency distribution, figures, and charts using descriptive statistical tools using IBM SPSS Statistics version 25.0. While the Interpretive Structural Modeling (ISM) with the aid of ISM diagraph Model and MICMAC analysis was used to analyse the study's main topic of discourse. The study's findings indicate a general low level of utilization/application of Blockchain technology in the delivery of construction projects in Imo state. This is due to the fact that none (0.00%) of the respondents have heard of Blockchain technology as applicable to construction projects-related activities, 9 (10.47%) have used Blockchain technology sparingly, 35 (40.70%) have never heard of Blockchain technology and 42 (48.84%) have heard of Blockchain technology, but never applied it on any construction project-related activity out of the eighty-six (86) responses used for the study. This research also reveals that amongst the eight (8) identified barriers to Blockchain technology application, the most influential barriers militating against the application of Blockchain technology are: Bandwidth and Connectivity (BC), Absence of regulations, legislation and global standard (AR) and Blockchain technology characteristics (BT). While the study further revealed the interaction and convergent relationships amongst the Blockchain technology barriers impeding against the application of Blockchain technology are: Security (SE), Resistance to Change (RC), Scalability and transaction capability of Blockchain systems (ST) and Immature application of Blockchain technology (IA). This study recommends that, a united front is needed to make Blockchain technology awareness-raising and encourage practitioners to embrace it. Blockchain can provide a dependable infrastructure for information management throughout all stages of the construction project life cycle, as well as secure storage of sensitive sensor data.
Description
Master's thesis on blockchain technology in construction projects delivery
Keywords
Barriers, blockchain, technology, construction projects, Imo state, interpretive structural modeling., department of project management technology.
Citation
Agbara, J . D .(2023). The barries to adopting blockchain technology in construction projects delivery (Unpublished Master's thesis), Federal University of Technology,Owerri, Nigeria