Blockchain technology (BCT) has emerged as one of the technological solutions to enhance the coordination, collaboration, and traceability of supply chain transactions [
1,
2,
3]. BCT has several potential advantages over traditional supply chain management including being tamper-free, reducing costs and losses, enhancing trust, and offering decentralised information [
2]. Blockchain architecture offers greater transparency and traceability of supply chain transactions, effectively reducing any trust problems among various parties [
4].
There is an increase in the BCT uptake in the food and agricultural supply chain [
5]. Kamilaris et al. [
5] indicate that BCT is a promising technology for creating transparency and trust within agricultural processing and manufacturing and for reducing the cost of operations in manufacturing. BCT adoption in the agricultural supply chain is advantageous in supply chain traceability [
6], transparency, financial returns [
7], fresh produce supplies [
8], and food supply and logistics management [
1]. BCT has been found to contribute to improved food supply chain effectiveness [
9] and the enhanced traceability of food produce distribution [
2,
10]. Implementing BCT in agricultural supply chains may contribute to reduced redundancy, shorter lead times, a leaner supply chain, and fewer delays [
8]. BCT adoption in supply chains ensures high-quality standards, giving stakeholders more control of the production and distribution of agricultural produce across the supply chain [
7]. It can also contribute to improved safety, privacy, and individual control of data in the food processing supply chain industries [
8,
11]. Despite these reported advantages, the adoption of BCT has not received sufficient attention in the agricultural sectors [
8]. Some of the potential challenges include unclear policies; inadequate regulatory framework, education, and technical aspects [
5,
12]; a high implementation cost [
8,
13]; perceived risks; and a lack of relevant knowledge [
1].
While much remains to be known about supply chain adoption in organisations, very few studies have attempted to examine the factors influencing the adoption of BCT in agricultural supply chains [
3]. The current study seeks to address this gap. Three theoretical models including the technology acceptance model (TAM), the theory of planned behaviour (TPB), and the technology readiness index (TRI) are drawn up to identify the optimal factors in adopting BCT in the agricultural sector. TAM, TPB, and TRI offer a comprehensive understanding of the factors influencing BCT adoption in the agricultural supply chain [
14]. Both the PEU and PU are cognitive dimensions that predict individual technology acceptance and are related to TRI constructs based on behavioural intentions and individual psychological differences [
15,
16]. Perceived behaviour and subjective norms in the TPB model are used to understand how control influences users to adopt technology when combined with TAM constructs [
15].
The main objective of this study is to estimate an optimal model that identifies the key factors that influence BCT implementation in the Australian agricultural sector. Using a quantitative approach, this study examines the antecedents of BCT adoption within the context of the Australian agricultural sector. The motivations for this research study are twofold. First, there is an inspiration to address challenges related to the low BCT uptake in the Australian agricultural sector using an optimal quantitative model. The findings are expected to highlight the drivers and inhibitors to BCT implementation in the agricultural sector. The effective management of these factors (i.e., antecedents) is expected to address the stated challenge in BCT adoption. Second, the study draws motivation to extend the existing theoretical insight/knowledge on BCT implementation using prominent technology-related theories such as TAM, TPB, and TRI. It is expected that the integration of the findings with the three technology-related models/theories will identify key factors or constructs that influence BCT implementation in the Australian agricultural sector.
This study contributes to the research on supply chain management and may provide measures to enhance the adoption of BCT in the agricultural sector. The following section discusses the relevant literature and offers hypotheses, and then outlines the methodology for testing the proposed relationships. The results of this study are presented, while the discussion and implications of this study’s findings conclude this paper.
1.2. TRI, TAM, and TPB
The TRI constructs include discomfort and insecurity. BCT adoption may be impacted by inhibitors, with the key among them being discomfort [
33,
39]. Inhibitors potentially affect the technology readiness of managers in organisations. Discomfort is defined as a perceived lack of control over technology and a feeling of being overwhelmed by innovations [
33]. Based on perceived behavioural control, it may be anticipated that the relationship between discomfort and BCT adoption would be negative. The TPB suggests that perceived behavioural control is a direct determinant of both actual behaviour and behavioural intention [
29]. Previous findings show that discomfort (a users’ general feeling of lack of control) should have a negative effect on BCT uptake. Users who have high discomfort levels towards new technology find it less easy to use it [
40]. The current study differs from previous research by undertaking an empirical assessment to determine the effect of discomfort on perceived usefulness, perceived ease of use, attitude towards use, and perceived behavioural control when adopting BCT in agricultural supply chains. Discomfort has been found to negatively influence the perceived usefulness and the perceived ease of use of BCT as it inhibits its adoption as a new technology among agricultural supply chain managers [
18,
41]. Furthermore, discomfort tends to negatively influence the attitude towards use and the perceived behavioural control of new technology [
41]. Consequently, the following hypotheses are postulated:
Hypothesis 1 (H1). Discomfort (DISC) with blockchain negatively affects the perceived ease of use (PEU) of BCT.
Hypothesis 2 (H2). Discomfort (DISC) with blockchain negatively affects the perceived usefulness (PU) of BCT.
Hypothesis 3 (H3). Discomfort (DISC) with blockchain negatively affects attitudes towards the use (ATT) of BCT.
Hypothesis 4 (H4). Discomfort (DISC) while using blockchain negatively affects the perceived behavioural control (PBC) of BCT.
Insecurity denotes an individual’s level of distrust in a new technology. Distrust may stem from scepticism regarding its capacity to work properly or personal concerns about possible harmful consequences [
33,
42]. Insecurity is combined with general safety issues, apprehensions about negative consequences, and the desire for assurance [
17,
43]. In organisations, if managers are naturally distrustful of and sceptical about technology, they are likely to anticipate risks instead of benefits from the implementation of technology [
2]. As a result, individuals are likely to avoid its uptake. In line with the TPB, one would expect a negative relationship between the insecurity trait and technology usage. Past studies have not examined how insecurity might influence individual behaviour towards BCT adoption, thereby showing the need for this study. The results of this study will create new knowledge regarding insecurity as a potential technology readiness inhibitor hindering the usage intention and usage behaviour of BCT in agricultural supply chains.
Insecurity may contribute to the low utilisation of BCT in agricultural sectors in addition to ambiguity [
41]. Insecurity inhibits the individual uptake of BCT in agricultural supply chains [
10]. Insecure managers are less likely to embrace BCT uptake as they express less support on whether its use will be beneficial in facilitating efficient supply chains [
10]. Insecurity may contribute to a low perceived usefulness and a low perceived ease of use of a technology, potentially hindering its uptake within organisations [
1,
9,
38]. Insecurity could also negatively influence perceived behavioural control and attitude towards the use of BCT [
38]. Therefore, based on the stated prior research evidence, the following is postulated:
Hypothesis 5 (H5). Insecurity (INSC) negatively affects the perceived ease of use (PEU) of BCT.
Hypothesis 6 (H6). Insecurity (INSC) negatively affects the perceived usefulness (PU) of BCT.
Hypothesis 7 (H7). Insecurity (INSC) negatively affects the perceived behavioural control (PBC) of BCT.
Hypothesis 8 (H8). Insecurity (INSC) negatively affects the attitude towards use (ATT) of BCT.
A growing body of research has shown that PEU substantially impacts managers’ usage intention when considering BCT technology in agricultural supply chains [
8,
44]. PEU denotes the degree to which managers in agricultural organisations believe that using BCT would improve their supply chain management and transparency [
7]. The implication is that the perceived ease of use of a novel technology would influence managers’ intentions to implement the technology within the organisation [
7]. Consistent with the foregoing discussion, the following hypothesis is offered:
Hypothesis 9 (H9). Perceived ease of use (PEU) positively affects the intentions to use BCT.
Perceived usefulness refers to the degree to which managers in agricultural organisations believe that using BCT would improve their logistics and supply chain process performance [
6]. For example, corporations that find BCT reliable in ensuring the effective supply and delivery of halal food are likely to associate the technology with greater usefulness [
40]. Recent studies show that perceived usefulness influences managers’ intentions to use BCT in supply chains [
2,
43]. Hence, the study offers the following hypothesis:
Hypothesis 10 (H10). Perceived usefulness positively affects the intention to use BCT.
Further research was undertaken to improve the TRA to form the TPB by adding perceived behaviour control, which measures users’ behavioural intentions [
28,
29]. Perceived behavioural control is an individual perception about one’s personal abilities to perform a specific activity [
2]. Perceived behavioural control has been noted to have a positive influence on behavioural intentions to use BCT in the agricultural sector [
2]. Therefore, the study proposes the following hypothesis:
Hypothesis 11 (H11). Perceived behavioural control positively affects the intention to use BCT.
Attitude largely captures an emotional aspect of managers’ intentions to use BCT in their organisations when seeking to improve their supply chain management [
3,
17]. Researchers report that attitude largely captures the emotional aspect of users’ intention to use new technology. Attitude defines the level to which users show a favourable or unfavourable assessment of technology [
41]. Earlier research evidence indicates that positive attitude influences managers’ behavioural intentions to use BCT [
41]. Consequently, this study proposes the following hypothesis:
Hypothesis 12 (H12). Attitude positively affects the intention to use BCT.
Figure 4 presents the proposed theoretical model for this study.