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dc.contributor.authorGausdal, Anne Haugen
dc.contributor.authorCzachorowski, Karen Vanessa
dc.contributor.authorSolesvik, Marina Z.
dc.date.accessioned2018-08-01T10:39:51Z
dc.date.available2018-08-01T10:39:51Z
dc.date.created2018-06-14T14:41:30Z
dc.date.issued2018
dc.identifier.citationGausdal, A. H., Czachorowski, K. V. & Solesvik, M. Z. (2018). Applying Blockchain technology: Evidence from Norwegian companies. Sustainability, 10(6): 1985. doi:nb_NO
dc.identifier.issn2071-1050
dc.identifier.urihttp://hdl.handle.net/11250/2507097
dc.description.abstractThe aim of this study is to develop a theoretical framework for blockchain, operations in particular. Furthermore, we aim to identify the main drivers and barriers of digital innovation and explore the general possibilities of blockchain applications within the maritime industry. A case study approach is applied: the Norwegian offshore industry. Primary data is collected through interviews, while secondary data is collected from industrial and company reports, the Internet, and national and international media reports. We have discovered that cost reduction intentions, the high level of regulation in the maritime industry, and the large amount of data that maritime companies should process, along with the intention to work more effectively, are the main drivers of digital innovation. On the other hand, the high cost of implementation, the bad quality of Internet connections offshore, the old age of decision-makers, the technology-oriented culture, the lack of investment initiatives, the low level of blockchain diffusion through the supply chain, and risk aversion are the main barriers. The results of the qualitative study show that some of the barriers and motives of digital innovation and the introduction to blockchain technology were pointed out by earlier studies. However, we have identified several unique drivers and barriers specific to the industry. Finally, the blockchain process framework is developed.nb_NO
dc.language.isoengnb_NO
dc.publisherMDPInb_NO
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.titleApplying Blockchain Technology : Evidence from Norwegian Companiesnb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.description.versionpublishedVersionnb_NO
dc.rights.holder© 2018, The Author(s)nb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210nb_NO
dc.source.pagenumber16nb_NO
dc.source.volume10nb_NO
dc.source.journalSustainabilitynb_NO
dc.source.issue6nb_NO
dc.identifier.doi10.3390/su10061985
dc.identifier.cristin1591262


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