Blockchain – Decentralized Digital Transformation
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Item Reimagining the Sharing Economy through Blockchain: The Case of Helium’s Decentralized Wireless Network(2025-01-07) Rad, Pouria; Jozani, Mohsen; Zanella, Gianluca; Safaei Pour, Morteza; Abhari, KavehThis study showcases the successful implementation of a blockchain-enabled sharing economy model by the Helium Network, setting a benchmark for the future of sharing economies. We examine the economic dynamics and operational characteristics of Helium. Our analysis highlights how Helium’s innovative use of blockchain technology and Helium Network Tokens (HNT) fosters network expansion and sustainability. By balancing HNT scarcity with network growth, Helium demonstrates the potential for decentralized, community-driven models to thrive. These findings offer valuable insights and a framework for improving and developing future sharing economy initiatives that prioritize genuine sharing and community well-being over profit maximization.Item Designing a Reporting System for Trust in Environmental Social Governance(2025-01-07) Ermolaev, Egor; Tseloni, Evgenia Yvonni; Roth, Tamara; Fridgen, GilbertIn an effort to make companies adhere to green practices, they are increasingly required to publicly disclose environmental, social, and governance (ESG) key performance indicators (KPIs). Typically published within annual reports, the current format may not deliver all legally mandated information, and also does not attract investors who have become more focused on sustainable investing. Thus, various industries aim at improving their ESG KPIs reporting practices, including life insurance companies. Life insurance companies need to integrate ESG-focused strategies into their client interactions to obviate greenwashing allegations and appeal to their environmentally-friendly target group. This helps them remain competitive and build long-lasting institution-based trust. To help these companies address the complexities of ESG KPIs reporting, this study proposes the development of a reporting system architecture supported by Distributed Ledger Technology (DLT) for compliant, transparent, reliable, and standardized ESG reporting.Item Beyond the Hype: Empirical Evaluation of Cryptocurrency Unicorn Success(2025-01-07) Mukherjee, Arghya; Moore, TylerThousands of cryptocurrency coins and tokens have been introduced in recent years, with each purporting to offer a unique take on disrupting traditional financial instruments. Most fail to attract significant investment, but some grow quite valuable for at least a short time. This paper focuses on so-called "crypto unicorns'', which reach a market capitalization of at least $1 billion at some point during their lifetimes. 37 coins and 139 tokens have reached unicorn status. However, only 15 coins and 35 tokens retain market capitalizations exceeding $1 billion at end of our study, with 6 coins and 31 tokens falling below $100 million. We empirically examine the factors that influence the relative success or failure of crypto unicorns. Using regression analysis, we find that bitcoin price, the type of service offered by the coin or token, having an ICO and social media activity all affect success.Item Designing a Governance Model for Blockchain-Based Traceability Systems in Supply Chain Consortia(2025-01-07) Greiner, Maximilian; Zeiss, Christian; Neis, Nicolas; Seidenfad, Karl; Lechner, Ulrike; Winkelmann, AxelImplementing effective governance for blockchain-based traceability systems in supply chain consortia is essential to align IT strategies with broader business goals, ensuring that these systems drive value creation and improve overall supply chain efficiency. Establishing these governance structures helps consortia optimize transparency, compliance, and collaboration, which are critical for managing complex logistics and maintaining stakeholder trust. Utilizing a Design Science Research approach, we aim to develop a governance model that comprises essential principles and requirements for the implementation and value creation of blockchain-based traceability systems in supply chains. Our model provides actionable insights for practitioners looking to leverage blockchain for enhanced traceability and efficiency and offers a structured pathway to navigate complexities for digital transformation in decentralized environments.Item The Blockchain Balanced Scorecard: An Innovative Approach to Facilitate Strategic Management in Enterprises(2025-01-07) Curty, Simon; Bühlmann, Marcel; Fill, Hans-Georg; Treiblmaier, HorstTechnological and organizational barriers can be significant obstacles to adopting blockchain technology in enterprises. Its introduction regularly creates complex interdependencies and poses a challenge to aligning business processes and information technology. Therefore, it is essential to consider the adoption impact from a technical perspective and take the strategic implications into account. To achieve this, we propose a novel domain-specific extension of the well-established Balanced Scorecard method that explicitly considers blockchain-related aspects on the strategic level of organizations. The application of this method is demonstrated with the help of an industry use case. Practitioners will benefit from adopting the proposed approach and following the described guidelines since it helps them to identify appropriate goals and measures. This paper encourages further efforts in the field of strategic management research and the alignment of blockchain technology and business processes.Item Exploring the Future of Granular Carbon Tracking with Blockchain(2025-01-07) Ong, FabianEnvironmental, Social, and Governance (ESG) reporting is increasingly crucial for companies dedicated to sustainable and ethical practices. This conceptual paper delves into the challenges of ESG reporting, with a specific focus on granular carbon emissions tracking. It explores the potential of leveraging blockchain technology to enhance the accuracy and transparency of carbon data. The need for granular tracking of carbon emissions, particularly Scope 2 and Scope 3 emissions is emphasized because these emissions are not directly controlled by the reporting company and vary widely depending on external factors. By examining current blockchain infrastructures, this paper investigates the feasibility of developing a framework for tracking carbon emissions throughout a product’s entire lifecycle—from raw material extraction to end-of-life disposal. Such a system would enable real-time carbon accounting, facilitating timely corrective actions and informing policy decisions.Item Introduction to the Minitrack on Blockchain – Decentralized Digital Transformation(2025-01-07) Makridis, Christos; Beck, Roman; Louca, SoullaItem Blockchain-based e-Commerce Platforms and Sustainable Products: How Transparency Influences Consumer Willingness to Pay a High Price?(2025-01-07) Hina, Maryam; Islam, A.K.M. NajmulThis study investigates how the perceived transparency of a blockchain-based B2C e-commerce platform affects the perceived quality of a sustainable product and encourages consumers’ willingness to pay a high price. We conducted focus group discussions to design a scenario and user interface (UI) and developed a survey to test our study model. The results revealed that the perceived transparency of a blockchain-based B2C e-commerce platform enhances consumers’ willingness to pay a high price for a sustainable product by manifesting the perceived quality of a sustainable product. Further, we observed that high sustainable information clarity reduces the impact of the perceived transparency of a blockchain-based B2C e-commerce platform on the perceived quality of a sustainable product. This study contributes to the IS literature by providing insights into the intricate effects of blockchain-based B2C e-commerce platform transparency, underscoring the importance of sustainable information clarity in shaping consumers’ perceptions of sustainable product quality.