Abstract
The purpose of this study is aimed to investigate the blockchain technological development in Taiwan. Based on the diffusion of innovation theory, this study discovered how the influential factors and external environment influence its development, in which we described its stakeholders and status quo in Taiwan. This study adopted a qualitative approach by in-deep interviews in the industry, we also collect secondary data from related media, literature, and report, and then conduct analysis and conclusion. The results indicated the constraint of blockchain technological development in Taiwan, are experiencing both internal and external obstacles. External obstacles include (1) the uncertainty of regulation; and (2) the structural problem of information technology industry. The internal obstacles of blockchain technology are (1) dominant design has not defined; (2) the benefit of adoption is unclear. Taiwanese firm's characteristic appears to be “fast-follower” and is waiting for the emergence of “Crossing the chasm”.