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Analysing the Impact of the Implementation of a Blockchain in an Existing Business Model

Authors:
Lars Heim

Keywords: Blockchain; business model; stresstesting; stressfactor

Abstract:
Blockchain technology offers great potential for companies and the number of start-ups whose business models are based on this technology is growing rapidly. However, for many companies already active in their respective markets, the question arises as to whether and how this technology is relevant to their individual business model and what effects an implementation in the company or in the corporate environment would have. These questions can be answered with the help and modification of existing methods and tools. In this paper, we present the method of business model stresstesting, which, with certain adjustments, can help to answer the question of the impact of Blockchain technology on an existing business model. This will help to actively shape and evolve the ecosystem emerging in the area of Blockchain technology. The implementation and further development of the technology based on specific requirements from the business environment is thus facilitated and accelerated.

Pages: 63 to 67

Copyright: Copyright (c) IARIA, 2020

Publication date: April 26, 2020

Published in: conference

ISSN: 2308-4146

ISBN: 978-1-61208-781-8

Location: Nice, France

Dates: from October 25, 2020 to October 29, 2020