IoT E-business Model: Redesign Old Business Models

Riza Ramadhan () and Novy Fitria ()
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Riza Ramadhan: ITB Widya Gama Lumajang, Accounting Department
Novy Fitria: ITB Widya Gama Lumajang, Management Department

A chapter in Proceedings of the Conference on SDGs Transformation Through the Creative Economy: Encouraging Innovation and Sustainability (TCEEIS 2023), 2023, pp 127-132 from Springer

Abstract: Abstract This article attempts to provide an IoT E-business Model design overview. This design will make an IoT E-business Model with a basis of a traditional business system built by the following concepts. First, because the IoT E-business Model is based on traditional e-commerce that thrives on the Internet, conducting a systematic analysis of the conventional electronic business. Second, to modify and optimize each part according to the IoT feature, all physical devices and entities will have the function and data as a web service, integrating devices and services.

Keywords: —IoT; Business model; Smart contract (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-346-7_24

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DOI: 10.2991/978-94-6463-346-7_24

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