Faculty Publications

Title

From enfant terrible to problem-solver? Tracing the competing discourse to explain blockchain-related technological diffusion

Document Type

Article

Keywords

Bitcoin, Blockchain, Distributed ledger technology, Positive and negative sentiments, Support and resistance, Technological diffusion, Text analysis

Journal/Book/Conference Title

Telematics and Informatics

Volume

63

Abstract

Since the inception of blockchain-related technologies over a decade ago, investors’ uptake of the technologies has grown rapidly. But even with the advancement in standing from conceptual beginnings to real-world experimentation, mainstream adoption of the technologies in either organizational or individual contexts has yet to eventuate. To resolve this paradox, we examine progression of the technologies’ diffusion instead, and in the process, seek to uncover the underlying dynamics of sentiments at play. Diffusion involves multiple actions by different parties, with social discourses via diverse media playing an essential role. In demonstrating the interplay of support to resistance via media framing and the diffusion of innovation theory, findings from our paper contribute to the technology adoption literature. Understanding resistant behavior toward a new technology area could help resolve potential issues that may arise. This would hopefully lead to better technological implementation outcomes in future.

Department

Department of Accounting

Original Publication Date

10-1-2021

DOI of published version

10.1016/j.tele.2021.101662

Repository

UNI ScholarWorks, Rod Library, University of Northern Iowa

Language

en

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