BLOCKCHAIN MANAGEMENT STRATEGIES AND ORGANISATIONAL COMPETITIVENESS OF SELECTED BANKS IN DELTA STATE

Abstract: This study investigated the effect of blockchain management strategies onorganisational competitiveness of selected banks in Delta State. Specifically, the study sought todetermine the effect of blockchain governance and regulatory compliance, evaluate the effect ofstrategic integration of blockchain systems. A survey research design was employed, and datawere collected from employees of selected commercial banks. Out of 109 copies ofquestionnaire distributed, 100 valid responses were analyzed using descriptive statistics,correlation analysis, and multiple regressions to examine both direct and indirect effects ofblockchain management strategies on organisational competitiveness. The findings revealedthat all four blockchain management strategies significantly and positively influenceorganisational competitiveness. Specifically, blockchain governance and regulatory compliance(β = 0.326, p < 0.001), strategic integration of blockchain systems (β = 0.276, p < 0.001), eachcontribute to improved operational efficiency, innovation, and market positioning. Based onthese findings, the study concludes that blockchain management strategies are key drivers ofcompetitive advantage in the banking sector, and banks should strengthen governanceframeworks, integrate blockchain into core operations, invest in security and risk mitigation,and develop technical expertise among staff. The study recommends that policymakers provideclear regulatory guidelines and capacity-building initiatives to support secure and effectiveblockchain adoption.