Abstract
This research investigates the relationship between blockchain technology adoption and SMEs' performance in Oman using the TOE model and RBV theory, considering Oman's vision for 2040. The study uses a questionnaire to collect data from 82 SMEs in Oman to develop a comprehensive framework for blockchain technology adoption. Structural equation modeling (SEM) was used to test the hypothesis. Several elements, such as innovative characteristics, technical context, organizational context, personal characteristics, and environmental context, are revealed by the research as factors that influence the deployment of blockchain technology by small and medium-sized enterprises (SMEs).
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