Factors Impacting the Adoption of Blockchain in the UAE- Evaluation Using Fuzzy AHP (FAHP)

Blockchain, a decentralized digital ledger, enables secure and traceable online transactions, fostering a shared economy and digital currencies while protecting user privacy. Governments worldwide, including Canada, Switzerland, and Denmark, are increasingly adopting blockchain technology to address inefficiencies and enhance operations. However, its adoption remains limited in some governmental sectors, underscoring the need to understand the factors influencing this process. This research identifies critical factors affecting the adoption of blockchain technology in government and private sectors across technological, environmental, and organizational domains. Utilizing Multi-Criteria Decision Making (MCDM) methods, the study reveals key determinants that influence adoption, providing valuable insights for policymakers and agencies to make informed decisions on implementing blockchain technology, thereby enhancing operational efficiency and security.