Abstract
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.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of Tenth International Congress on Information and Communication Technology |
| Editors | Xin-She Yang, Simon Sherratt, Nilanjan Dey, Amit Joshi |
| Place of Publication | Singapore |
| Publisher | Springer |
| Pages | 471-483 |
| Number of pages | 13 |
| ISBN (Electronic) | 9789819664344 |
| ISBN (Print) | 9789819664344 |
| DOIs | |
| Publication status | Published - 1 Oct 2025 |
Publication series
| Name | Lecture Notes in Networks and Systems |
|---|---|
| Publisher | Springer |
| Volume | 1413 |
| ISSN (Print) | 2367-3370 |
| ISSN (Electronic) | 2367-3389 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
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SDG 17 Partnerships for the Goals
Keywords
- Blockchain technology
- Smart contracts
- Infrastructure projects
- PPP
- Project failures/terminations
- Global experts
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