Abstract
Saudi Arabia’s construction industry is greatly impacted by rising costs and delays, causing project overruns and high financial pressures. In construction, blockchain technology is a decentralized and secure system that promotes transparency, trustworthiness and effective management of project data and transactions. This research is based on the Technology–Organization–Environment (TOE) framework, which develops and tests a conceptual model to investigate how supply-chain management, smart contracts, transparency and traceability, regulatory compliance and building information modeling (BIM) integration influence blockchain technology adoption, with organizational culture as a moderator. Data from 291 professionals in large Saudi contracting firms were analyzed employing a quantitative, cross-sectional design using SmartPLS. Results confirm all hypothesized factors significantly drive blockchain technology adoption. Organizational culture, acting as a key amplifier, positively moderates all relationships. The model explains 71.1% of the variability in blockchain technology adoption. In order to overcome project challenges and meet Vision 2030’s goals, the results present a validated roadmap for Saudi’s construction sector. The findings show that technical investments and promoting a culture of innovation, collaboration across departments and strong leadership are important for adoption blockchain technology.