Masud Rana

This study examines the role of blockchain technology in promoting sustainability in Bangladesh’s banking sector. Using Structural Equation Modeling (SEM), it explores the factors influencing blockchain adoption, including Perceived Ease of Use (PEU), Perceived Usefulness (PU), Perceived Compatibility (PC), Perceived External Variables (PEV), and Intention to Use (IBT). Sustainability (SB) is the ultimate outcome variable to assess the long-term impact of blockchain-driven practices. Data were collected from 380 banking professionals across private and public banks. The results show that PEU, PU, PC, and PEV significantly influence IBT, which strongly impacts SB. PEU and PU emerged as the most important predictors of IBT, emphasizing the role of usability and perceived benefits. Path coefficient analysis confirmed the significance of both direct and indirect effects, with IBT acting as a key mediator. The findings highlight blockchain’s potential to enhance transparency, accountability, and efficiency while supporting sustainable development goals. The study also stresses the importance of aligning blockchain with organizational practices and addressing external factors like infrastructure and social influence. This research provides actionable insights for policymakers and banking institutions, recommending user-friendly blockchain systems, regulatory support, and targeted incentives to foster blockchain adoption for sustainability.