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2019 | OriginalPaper | Buchkapitel

The Drivers Behind Blockchain Adoption: The Rationality of Irrational Choices

verfasst von : Tommy Koens, Erik Poll

Erschienen in: Euro-Par 2018: Parallel Processing Workshops

Verlag: Springer International Publishing

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Abstract

There has been a huge increase in interest in blockchain technology. However, little is known about the drivers behind the adoption of this technology. In this paper we identify and analyze these drivers, using three real-world and representative scenarios. We confirm in our analysis that blockchain is not an appropriate technology for some scenarios, from a purely technical point of view. The choice for blockchain technology in such scenarios may therefore seem as an irrational choice. However, our analysis reveals that there are non-technical drivers at play that drive the adoption of blockchain, such as philosophical beliefs, network effects, and economic incentives. These non-technical drivers may explain the rationality behind the choice for blockchain adoption.

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Titel: The Drivers Behind Blockchain Adoption: The Rationality of Irrational Choices
verfasst von: Tommy Koens
Erik Poll
Verlag: Springer International Publishing
Buch: Euro-Par 2018: Parallel Processing Workshops
Print ISBN: 978-3-030-10548-8

Electronic ISBN: 978-3-030-10549-5

Copyright-Jahr: 2019
DOI: https://doi.org/10.1007/978-3-030-10549-5_42

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