Research Article

Willingness of Farmers to Adopt Blockchain Technology in Smart Agriculture

Authors

  • Shang-Chuan Shih PhD candidate at the College of Management, Yuan Ze University, Taiwan
  • Bang-Han Chiu Director, Research Center for Smart Production & Innovation Management at Yuan Ze University

Abstract

In order to achieve the SDGs, blockchain technology can potentially improve the sustainability of the agriculture ecosystem. Therefore, this research drawing a UTAUT extended model by the introduction of Perceived Value(PV), Government Support(GS) and Information Security(IS), explored the factors that influence farmers’ intention to adopt Blockchain-A in Taiwan. First, the extended model has a stronger explanatory power, supplementing the technology acceptance theory. Second, the analysis shows PV, GS, and IS play mediating roles and clarifies the psychological mechanism affecting the adoption of Blockchain-A by farmers. Third, the results of this study provide a basis for policy suggestions that can help the government to formulate and promote appropriate sustainable agriculture policies.

Article information

Journal

Journal of Economics, Finance and Accounting Studies

Volume (Issue)

5 (4)

Pages

24-34

Published

2023-08-08

How to Cite

Shang-Chuan Shih, & Bang-Han Chiu. (2023). Willingness of Farmers to Adopt Blockchain Technology in Smart Agriculture. Journal of Economics, Finance and Accounting Studies, 5(4), 24–34. https://doi.org/10.32996/jefas.2023.5.4.3

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Keywords:

Blockchain-A, UTAUT, DLT