Katherine Kaneda Moraes, Moacir Godinho Filho, Bruno Panhotta Teles, Gilberto Miller Devós Ganga, Mário Henrique Bueno Moreira Callefi
The demand for secure transactions is crucial in today’s digital era. With its decentralised and immutable features, blockchain technology emerges as a transformative solution for ensuring transparent and reliable agreements. This paper studies the relationship between non-technological barriers in blockchain adoption using Interpretative Structural Modelling (ISM). To understand the level of driving and dependence power of each barrier, a Fuzzy Matriced’ Impacts Croise ́s Multiplication Applique ́e a ́ un Classement (MICMAC) was implemented. The main result was a conceptual framework that clarified the barriers’ hierarchy and revealed a prioritisation order. We illustrate the final model using it to discuss a real case of blockchain failure implementation at TradeLens, a joint venture conceived by A.P. Moller - Maersk and IBM, which is considered the most ambitious story involving blockchain technology aimed at the supply chain. This proposed framework, analysed through real-world case data, offers valuable guidance for researchers and practitioners in developing effective strategies to address the non-technological barriers commonly encountered when implementing blockchain technology in supply chains.