Blockchain adoption impact on real estate performance: the mediating role of real estate and blockchain transparency

dc.contributor.authorSpiga, Grazia
dc.contributor.authorYeoh, William
dc.contributor.authorAhmad, Syed Zamberi
dc.date.accessioned2025-09-09T05:41:25Z
dc.date.available2025-09-09T05:41:25Z
dc.date.issued2024
dc.descriptionRecent developments in blockchain technology have driven unforeseen changes in the real estate (RE) industry (Saari et al., 2022; Yeoh et al., 2023). Blockchain technology has the potential to significantly alter how RE operates, its business model and how RE employees utilize it (Proskurovska and Dörry, 2022; Uchani Gutierrez and Xu, 2022). With the development of autonomous algorithmic trust controls for decentralized systems, blockchain technology has enabled the digitalization of decentralized business models (Chen, 2018; Papadis and Tassiulas, 2020; Sharma et al., 2022).
dc.description.abstractPurpose: This study investigates the factors that lead to the adoption of blockchain technology through payment transactions and how this not only affects real estate (RE) and blockchain transparency but also RE performance. Design/methodology/approach: Data gathered across RE firms in the United Arab Emirates (UAE) were employed to test the model. The measurement model and structural equation modeling (SEM) were used to test the items and the hypotheses illustrated in the proposed model. Findings: Perceived financial benefits, competitive pressure and top manager support were demonstrated to successfully influence blockchain adoption (BA). Despite blockchain’s early stages of development, its impact on RE operations cannot be ignored and should be more objectively examined in order to gain a better understanding of it. UAE blockchain-based companies could be seen as having a competitive advantage that maximizes resource consumption. Originality/value: This study introduces the positive influence of blockchain technology on RE payment transactions and may advance information on how blockchain technology has the potential to change the RE sector. The paper finds its significance in exploring how RE payment systems must change to remain competitive in the market amid emerging digitalization trends. Keywords: Blockchain adoption, Blockchain technology, Real estate, Structural equation modeling, Transparency, United Arab Emirates
dc.identifier.citationSpiga, G., Ahmad, S. Z., & Yeoh, W. (2024). Blockchain adoption impact on real estate performance: the mediating role of real estate and blockchain transparency. Business Process Management Journal, 30(6), 1874-1894.
dc.identifier.doihttps://doi.org/10.1108/BPMJ-09-2023-0701
dc.identifier.urihttps://repository.adu.ac.ae/handle/1/7400
dc.language.isoen
dc.publisherEmerald Publishing
dc.titleBlockchain adoption impact on real estate performance: the mediating role of real estate and blockchain transparency
dc.typeArticle

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