TY - CHAP
T1 - Blockchain-Enabled Smart Contract Adoption in Infrastructure PPP Projects: Understanding the Driving Forces Within the TOE Framework
AU - Eze, Emmanuel Chidiebere
AU - Ameyaw, Ernest Effah
PY - 2025/10/1
Y1 - 2025/10/1
N2 - Public–Private Partnerships (PPP) projects still adopt traditional, paper-based contracting systems that cannot guarantee trust, transparency among project parties, and the immutability of data and project records. These attributes are at the core of strong public and private sector relationships in infrastructure PPP projects delivery, and significantly mitigate the high rate of terminations and failures in PPP contracts. The adoption of Blockchain-enabled Smart Contracts (BSC) has the poten-tial to improve the relationship between stakeholders and PPP project performance. This study leveraged the Technology, Organisation and Environment (TOE) frame-work to assess the factors driving the adoption of smart contracts in infrastructure PPP projects. A structured questionnaire was used to gather data from global experts. With 97 usable data and a reliability coefficient of 0.923, the gathered data was anal-ysed using the Relative Important Index (RII) and Spearman correlation analysis. It was found that technology factors have a greater influence on smart contract adoption decisions, followed by organisational and environmental factors. These factors have a strong and significant impact on the intention to adopt smart contracts in infras-tructure PPP projects. This study contributes to the quest to digitalise infrastructure PPP contracts/projects.
AB - Public–Private Partnerships (PPP) projects still adopt traditional, paper-based contracting systems that cannot guarantee trust, transparency among project parties, and the immutability of data and project records. These attributes are at the core of strong public and private sector relationships in infrastructure PPP projects delivery, and significantly mitigate the high rate of terminations and failures in PPP contracts. The adoption of Blockchain-enabled Smart Contracts (BSC) has the poten-tial to improve the relationship between stakeholders and PPP project performance. This study leveraged the Technology, Organisation and Environment (TOE) frame-work to assess the factors driving the adoption of smart contracts in infrastructure PPP projects. A structured questionnaire was used to gather data from global experts. With 97 usable data and a reliability coefficient of 0.923, the gathered data was anal-ysed using the Relative Important Index (RII) and Spearman correlation analysis. It was found that technology factors have a greater influence on smart contract adoption decisions, followed by organisational and environmental factors. These factors have a strong and significant impact on the intention to adopt smart contracts in infras-tructure PPP projects. This study contributes to the quest to digitalise infrastructure PPP contracts/projects.
KW - Blockchain technology
KW - Smart contracts
KW - Infrastructure projects
KW - PPP
KW - Project failures/terminations
KW - Global experts
UR - https://www.scopus.com/pages/publications/105020013402
U2 - 10.1007/978-981-96-6435-1_37
DO - 10.1007/978-981-96-6435-1_37
M3 - Chapter
SN - 9789819664344
T3 - Lecture Notes in Networks and Systems
SP - 471
EP - 483
BT - Proceedings of Tenth International Congress on Information and Communication Technology
A2 - Yang, Xin-She
A2 - Sherratt, Simon
A2 - Dey, Nilanjan
A2 - Joshi, Amit
PB - Springer
CY - Singapore
ER -