Research Article

Determinants of Blockchain Technology Adoption in Supply Chains by Small and Medium Enterprises (SMEs) in India

Table 1

Sample description for sample size N = 216.

Annual turnover range (organization type)NumberPercentage

Small enterprise9443.52
Medium enterprise12256.48

Industry type
Electrical and electronic products/components3817.59
Pharmaceuticals and healthcare2210.19
Auto ancillaries209.26
Food and agro products146.48
Chemical and paints125.56
Textile and garments115.09
Stationary and paper104.63
Packaging104.63
Others7936.57

Employee strength
Less than 205224.07
Between 21 and 403415.74
Between 41 and 603114.35
Between 61 and 803315.28
Between 81 and 1002511.57
More than 1004118.98

Plan to adopt blockchain technology in supply chains
Already adopted blockchain technology in supply chains2913.43
Intend to adopt blockchain technology in supply chains in the next 1–3 years10950.46
Not planning to use cloud computing in the near future7836.11