Blockchain Implementation Barriers in Maritime: A Case Study based on ISM and MICMAC Techniques

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Published: Dec 30, 2023
Keywords:
maritime blockchain barriers assessment ISM MICMAC

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Sanja Bauk
Estonian Maritime Academy Tallinn University of Technology, Estonia
Lindani Handsome Ntshangase
Faculty of Applied Sciences, Maritime Studies Department. Durban University of Technology, South Africa.

Abstract

This article considers blockchain implementation and adoption in maritime sector, including its benefits and challenges. In addition to a review of existing literature sources in this domain, through a case study the impediments of deploying blockchain in a developing maritime environment are examined. The analysis are based on the Interpretative Structural Modeling (ISM) and Cross-Impact Matrix Multiplication Applied Classification (MICMAC) methods. In this context, it is to be pointed out that the constraints in blockchain mainstream adoption in maritime are explored in several comprehensive academic papers so far. The same applies for ISM and MICMAC approaches. Therefore, in the focus of this work is a case study conducted among the specialists in maritime industry, business and higher education in South Africa as an emerging maritime ecosystem. The subjectivity inherent to the applied methodology is highlighted, since different specialist can differently evaluate pairwise relationships among the considered constraints.

Article Details

Issue
Vol. 20 No. 3 (2023)
Section
Articles

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Author Biography

Sanja Bauk, Estonian Maritime Academy Tallinn University of Technology, Estonia

The area of my research interests is a multi-layered one. It includes different operations research (OR) quantitative optimization methods, along with some decision support systems (DSS) dimensions. On the other hand, it is also in the domain of informatics and advanced information and communication technology (ICT) applications with a particular interest in their growing social and economic impacts.

- In the field of quantitative optimization methods I have been dealt with some transportation and logistics problems, problems of maintenance, safety, marketing positioning of business entities, assessing customers’ level of satisfaction with services or products, tourism, etc.

- In the field of ICT I have been dealt with the performances of modern ICT applications mainly in maritime transport; and then, by didactic informatics, pod-cast applications, concept of smart classrooms, etc.