Unlocking Enterprise Blockchain Adoption: A R3 Corda Case Study

Han, H., Shiwakoti, R. and Chen, W.F. 2024. Unlocking Enterprise Blockchain Adoption: A R3 Corda Case Study. Journal of General Management. Advanced online publication. https://doi.org/10.1177/03063070241292701

TitleUnlocking Enterprise Blockchain Adoption: A R3 Corda Case Study
TypeJournal article
AuthorsHan, H., Shiwakoti, R. and Chen, W.F.
Abstract

This study seeks to offer a comprehensive and practical comprehension of the lessons that companies can derive from financial institutions to promote the adoption of blockchain technology for future growth. Utilising R3 Corda, the largest blockchain platform featuring prominent financial institutions, as a case study, this research collects a wealth of company-recorded videos, podcasts, webinars, and textual data that offer invaluable insights for this case analysis. This investigation strives to contribute to formulating a blockchain adoption framework, drawing inspiration from successful use cases in the financial sector. This research outlines the current institutional pressures, criteria for platform selection, a blockchain adoption checklist, and novel institutional arrangements, providing a structured approach for enterprises considering embracing blockchain solutions. This framework serves as a strategic guide, facilitating organisations in navigating the complexities of blockchain implementation and ensuring a seamless integration process that aligns with their unique goals and operational requirements. Hence, discerning how to judiciously select and participate in the right blockchain consortia/platform is paramount for fostering and managing new technological innovations as businesses undergo digital
transformation.

KeywordsBlockchain
Financial Institutions
Technology Adoption
Digital Transformation
Innovation
JournalJournal of General Management
ISSN0306-3070
Year2024
PublisherSage
Publisher's version
License
CC BY 4.0
File Access Level
Open (open metadata and files)
Digital Object Identifier (DOI)https://doi.org/10.1177/03063070241292701
Web address (URL)https://journals.sagepub.com/doi/10.1177/03063070241292701
Publication dates
Published online15 Oct 2024

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