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Article
Publication date: 15 August 2023

Taofeek Tunde Okanlawon, Luqman Oyekunle Oyewobi and Richard Ajayi Jimoh

The purpose of this study is to assess the barriers to the implementation of blockchain technology in construction supply chain management in Nigeria.

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Abstract

Purpose

The purpose of this study is to assess the barriers to the implementation of blockchain technology in construction supply chain management in Nigeria.

Design/methodology/approach

This study employed a quantitative research approach through a questionnaire survey that was conducted among professionals in the Nigerian construction industry using the snowball sampling method, which resulted in a selection of 155 respondents. The collected data were analysed using descriptive and exploratory factor analysis (EFA), while Cronbach's alpha was used to assess the reliability.

Findings

The analysis revealed that all barriers ranked above the average mean item score. It also revealed that all professionals have a convergent opinion on the barriers. EFA was used in clustering the identified barriers into two categories: technological and socio-political barrier.

Research limitations/implications

This research was carried out in the Southwestern region which is one of the six geo-political zones in Nigeria using a cross-sectional survey method.

Practical implications

The findings provide valuable insights into the barriers to the implementation of blockchain in supply chain management for professionals and practitioners in the Nigerian construction industry.

Originality/value

The research categorised the barriers into technological and social-political barrier and identified that lack of digitalisation is the major barrier to the implementation of blockchain technology in construction supply chain.

Details

Frontiers in Engineering and Built Environment, vol. 4 no. 1
Type: Research Article
ISSN: 2634-2499

Keywords

Article
Publication date: 5 June 2023

Taofeek Tunde Okanlawon, Luqman Oyekunle Oyewobi and Richard Ajayi Jimoh

Blockchain technology (BT) is a relatively new technological innovation in all industries, including the construction industry, that is used to improve supply chain management…

Abstract

Purpose

Blockchain technology (BT) is a relatively new technological innovation in all industries, including the construction industry, that is used to improve supply chain management. Therefore, this study assesses the drivers for the implementation of BT in the construction supply chain management in Nigeria.

Design/methodology/approach

This study used a quantitative research approach, with a questionnaire survey administered to professionals in the Nigerian construction industry using the snowball sampling method, yielding 155 respondents. The collected data were analysed using descriptive and exploratory factor analysis (EFA) while Cronbach’s alpha was used to evaluate the reliability.

Findings

The analysis revealed that all the identified drivers ranked higher than the average mean item score, with level of awareness of the new technology and data management ranking topmost. The identified drivers were clustered into five categories using EFA: technological driver, social-economic driver, management driver, transparency and security driver and information driver.

Research limitations/implications

This research was carried out in the Southwestern region which is one of the six geo-political zones in Nigeria using a cross-sectional survey method.

Practical implications

The findings will be extremely useful to both professionals and practitioners in the Nigerian construction industry in gaining knowledge about the potential drivers to the implementation of BT in construction supply chain management.

Originality/value

The research categorized the drivers into technological, social-economic, management, transparency and security and information driver. It also identified that level of awareness of BT as the major driver in the implementation of BT in construction supply chain management.

Details

Journal of Financial Management of Property and Construction , vol. 28 no. 3
Type: Research Article
ISSN: 1366-4387

Keywords

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