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Blockchain Technologies from the Consumers’ Perspective: What Is There and Why Should Who Care?

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Item Summary Schlegel, Manuel Zavolokina, Liudmila Schwabe, Gerhard 2017-12-28T01:52:33Z 2017-12-28T01:52:33Z 2018-01-03
dc.identifier.isbn 978-0-9981331-1-9
dc.description.abstract The blockchain, the ledger that underlies the famous cryptocurrency Bitcoin, has huge implications for many industries. There have been various papers dedicated to research how blockchain technology will transform businesses and industries. However, current research lacks an overview of what the blockchain implies for the biggest stakeholder of these businesses and industries: consumers. This paper aims to provide an overview of how the blockchain affects consumers. We conduct a systematic literature review and enrich it with interview-based knowledge from blockchain experts to show how blockchain technology changes business sectors, name affected consumers in these sectors, derive implications for these consumers and list existing as well as currently emerging blockchain-based products and services. Finally, we warn of the technical, institutional and human challenges and manifold pitfalls blockchain technology must overcome to gain widespread adaptation among consumers.
dc.format.extent 10 pages
dc.language.iso eng
dc.relation.ispartof Proceedings of the 51st Hawaii International Conference on System Sciences
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 International
dc.subject Distributed Ledger Technology, the Blockchain
dc.subject blockchain, consumer, literature review, solutions
dc.title Blockchain Technologies from the Consumers’ Perspective: What Is There and Why Should Who Care?
dc.type Conference Paper
dc.type.dcmi Text
dc.identifier.doi 10.24251/HICSS.2018.441
Appears in Collections: Distributed Ledger Technology, the Blockchain

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