Almeshal, T. A., & Alhogail, A. A. (2021). Blockchain for businesses: a scoping review of suitability evaluations frameworks. IEEE Access, 9, 155425-155442.
Blockchain is an emerging technology that is increasingly being applied in both industrial
and academic contexts. Cryptocurrency is a major application of blockchain in the financial sector, but the
technology is expected to disrupt other industries. In fact, it has influenced many businesses and reshaped
private and public sector activities. Therefore, there is growing interest in blockchain-based solutions,
and applications have evolved in finance, insurance, logistics, government, education, and healthcare.
Applications built on blockchains benefit from fair access, transparency, and immutability; these properties
have attracted business owners and practitioners to explore blockchain opportunities beyond cryptocurrency,
motivating them to investigate how they can benefit from the technology and also to evaluate its compatibility
with their strategic orientation. Suitability evaluation (or applicability evaluation) has always been a crucial
step for the successful adaptation of any innovative technology, including blockchain. Hence, this paper
investigates how the current literature has addressed blockchain suitability evaluation for business cases
beyond cryptocurrency. A scoping review is presented that examines the evaluation models and frameworks
that have been developed to assist decision-makers regarding blockchain adoption. The results indicate that
blockchain evaluation methodologies have utilized varied approaches and serve diverse objectives, which
are applicable for different technology adoption stages. Through this scoping review, blockchain evaluation
initiatives are classified into five categories, and a critical analysis is offered of the evaluation models under
each category. As such, this scoping review overviews existing methodologies for blockchain evaluation
approaches with a focus on context, identified assessments factors, assessment process, and evaluation
dimensions.https://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=9617460
Abstract: Blockchain is one of the innovative and disruptive technologies that has a wide range of applications in multiple industries beyond cryptocurrency.
Blockchain is an emerging technology that is increasingly being applied in both industrial
and academic contexts. Cryptocurrency is a major application of blockchain in the financial sector…
Social media has become one of the essential tools that people intensively use for communication and collaboration in everyday life. Despite the high popularity of personal use of social media, a…