|Blockchain was launched as a social experiment by Satoshi Nakamoto in 2009, when the person
or persons behind the pseudonym launched an online currency named Bitcoin. What started out
as a decentralized alternative to traditional finance, has eventually turned into what some people
believe to be a technological revolution. This may in time alter governments and businesses in
the same way the Internet did when it was popularized.
However, there has been done little research on corporations and governments adoption of this
new technology. The presented study aims to expand this research, and develop a theoretical
model that could explain some of the adoption intentions among corporations and their
employees. While being narrow in scope, the research may prove to be a suitable framework for
broader future studies on the technology. The established theoretical framework of the
Technology Adoption Model, with extensions from the Theory of Reasoned Action and Theory
of Planned Behavior is the foundation for the research.
The data for this research was obtained through a survey (N=102), before the output was
analyzed. The results show that subjective norm and perceived usefulness are important factors
of the intention to use Blockchain technology among Norwegian corporations. All in all, this
model explains 45.7 % of the variance in intention to adopt the technology.