Analysing the impact of the implementation of a blockchain in an existing business model
Lars Heim
MPRA Paper from University Library of Munich, Germany
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.
Keywords: blockchain; business model; stresstesting; stressfactor (search for similar items in EconPapers)
JEL-codes: O30 O31 O33 (search for similar items in EconPapers)
Date: 2020-04-26
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Citations:
Published in ADAPTIVE 2020 : The Twelfth International Conference on Adaptive and Self-Adaptive Systems and Applications (2020): pp. 63-67
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:115440
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