The effect of dynamic capabilities on blockchain adoption and subsequent efficiency in the UAE financial services industry

Key Points

• This research aims to examine how dynamic capabilities influence the adoption of blockchain technology and its subsequent impact on efficiency in the financial services sector of the UAE.
• Analyzed the relationship between dynamic capabilities and blockchain adoption using quantitative methods.
• Utilized surveys to collect data from financial services organizations in the UAE.
• Measured efficiency outcomes post-adoption of blockchain technology.
• Dynamic capabilities significantly improve the likelihood of adopting blockchain technologies.
• Blockchain adoption leads to a considerable increase in operational efficiency in the financial services sector.