%0 Journal Article %J Technology Innovation Management Review %D 2022 %T Blockchain Implementation Challenges in Developing Countries: An evidence-based systematic review and bibliometric analysis %A Abu Naser Mohammad Saif %A K. M. Anwarul Islam %A Afruza Haque %A Hamida Akhter %A S.M. Masudur Rahman %A Nusrat Jafrin %A Rasheda Akter Rupa and Rehnuma Mostafa %K bibliometric analysis %K blockchain %K challenges %K developing country %K implementation %K PRISMA %K systematic review %K VOSviewer %X Contemporary research on technology and innovation management has gauged blockchain as a catalyst for the electronic-information era. As developing countries around the globe are facing challenges to adopt and implement blockchain, this evidence-based systematic review aims to identify the implementation challenges of blockchain technology for developing countries. A total of 1,298 published documents during the period 2016-2021 from the Scopus, Web of Science, IEEE Xplore, and ScienceDirect databases were explored to recognize 19 appropriate publications for research analysis using a PRISMA flow diagram. Based on the identified challenges from the thorough reviews of these 19 publications, using the association technique, the authors developed four comprehensive themes as broad challenges: technological, governance, organizational and environmental, and knowledge. Later, they performed bibliometric analyses using VOSviewer 1.6.17, and based on the bibliometric evidence constructed term co-occurrence network plots. The results show that developing countries face challenges vis-à-vis technological, governance, organizational and environmental, and knowledge issues when implementing blockchain technology. Hence, to make blockchain adoption and implementation processes successful in developing countries, these broad categories of challenges must be properly addressed. In addition, practitioners of disruptive technology, policymakers, consultants, IT experts, business people, top company managers, and above all, respective governments need to pay attention to these challenges for accelerating the blockchain adoption and implementation process in developing countries. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 12 %P 22010202 %8 05/2022 %G eng %U timreview.ca/article/1479 %N 1/2 %1 University of Dhaka Abu Naser Mohammad Saif serves as an Assistant Professor in the Department of Management Information Systems at the University of Dhaka, Bangladesh. He has published high-impact research articles in the top peer-reviewed Q1, Q2, Q3, and Q4 journals. His recent Scopus and Web of Science indexed book chapter has appeared in a Taylor & Francis Hardcover. He acted as Resource Person as well as Session Chair in the International Conference organized by Bharathiar University, Tamil Nadu, India. As well, he has presented research papers at various international conferences held in Malaysia, Thailand, Sri Lanka, and Bangladesh. He achieved the ‘Best Paper Award’ in the 1st International Youth Conference 2021 jointly organized by Penang Youth Development Corporation and Universiti Sains Malaysia. His research interests include innovation and technology, enterprise information systems, sustainable human resource development, green supply chain management, blockchain, and technology acceptance models for industry-specific studies. %2 The Millennium University K. M. Anwarul Islam serves as an Associate Professor in the Department of Business Administration at The Millennium University, Bangladesh. He completed his graduation from the University of Dhaka and currently is pursuing a PhD in Malaysia. He has over 100 scientific papers, either presented or published, in reputed journals indexed in ABDC, ERA, ABS, Scopus, and WoS. He is an internationally recognized expert in many areas of Islamic Finance and Banking. He has served as a member of various research and scientific societies and acted on a number of institutional committees. Additionally, he has written five books. He is the Founder and Editor-In-Chief of Indian Journal of Finance and Banking, USA (ABDC Rank), International Journal of Accounting & Finance Review, USA (ABDC Rank), and International Journal of Islamic Banking and Finance Research (USA). %3 Dhaka University of Engineering and Technology Afruza Haque serves as a Lecturer in the Department of Humanities and Social Sciences at Dhaka University of Engineering & Technology, Gazipur, Bangladesh. She earned her BBA and MBA in Management Information Systems from the University of Dhaka, where she placed third and second, respectively. Ms. Haque has published research articles in several reputed peer-reviewed journals and presented research papers at different international conferences. Her research interests include FinTech, big data, blockchain technology, Corporate Social Responsibility (CSR), and public policy. %4 University of Dhaka Hamida Akhter serves as an Assistant Professor in the Department of Management Information Systems at the University of Dhaka, Bangladesh. She earned an MBA with distinction from the University of Dhaka, Bangladesh. Her research interests include green technology, social informatics, IoT, and artificial intelligence. %# Swinburne University of Technology S.M. Masudur Rahman is a Master of Business (Research) student in the Faculty of Business, Design and Arts (FBDA) at the Swinburne University of Technology, Sarawak, Malaysia. Mr. Masud has published quality research articles in the top peer-reviewed journals such as Global Business and Economics Review, International Journal of Business Innovation and Research. He also presented research papers at different international conferences held in Malaysia, and Bangladesh. He received BBA with distinction from the University of Rajshahi, Bangladesh. He got a Dean’s Merit Award and Dean’s Honor Award for his outstanding academic performance in the BBA program. His current research interests include finance and accounting, financial econometrics, CSR, innovation and entrepreneurship, and sustainable development. %$ University of Dhaka Nusrat Jafrin serves as an Assistant Professor in the Department of Population Sciences at the University of Dhaka, Bangladesh. Since joining, she has been involved as a core member of national-level research projects related to demography in collaboration with the UNFPA, Bangladesh. She has published quality research articles in top-tier journals such as Resources, Conservation & Recycling, Population Review, Demografie, International Journal of Social Economics, Operations Research and Decisions, and Cogent Education. Her research interests include economic demography, development economics, sustainable development, poverty and inequality, population and environment. Her latest Scopus and Web of Science indexed book chapter appeared in a Taylor & Francis Hardcover. Currently, she is pursuing her PhD at the Faculty of Business and Economics, Universiti Malaya, Malaysia. %] Prime University Rasheda Akter Rupa serves as a Lecturer in the Department of Business Administration at Prime University, Dhaka, Bangladesh. She earned an MBA in Management Information Systems from the University of Dhaka, Bangladesh. Ms. Rupa achieved the Prime Minister Gold Medal 2017 for her outstanding academic performance in the BBA program at the University of Dhaka. Her research interests include big data, artificial intelligence, and green supply chain management. Her latest research article on green supply chain management appeared in an ABS, ABDC, and Scopus indexed SAGE journal. and Universiti Malaysia Perlis Rehnuma Mostafa is pursuing her PhD in Management at the Faculty of Applied and Human Sciences, Universiti Malaysia Perlis, Malaysia. She earned an MBA in Management from the University of Dhaka, Bangladesh. She has published quality research articles in top peer-reviewed journals such as LogForum, Cogent Education. Her research interests include human resource management, innovation management, and media management. She is a well-known Bangladeshi media personality and public relations specialist. %& - %R http://doi.org/10.22215/timreview/1479