A Modeling Approach for Blockchain-inspired Business Models: An Extension of the e3 -Value Method

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dc.contributor.authorPerrelet, Simon
dc.contributor.authorFill, Hans-Georg
dc.contributor.authorDibbern, Jens
dc.date.accessioned2021-12-24T18:00:43Z
dc.date.available2021-12-24T18:00:43Z
dc.date.issued2022-01-04
dc.description.abstractBlockchain enables new ways of organizing economic activities. Blockchain promises to reduce costs and time associated with intermediaries and strengthen trust in an ecosystem of actors. The impact of this promising technology is reflected in an emerging stream of research and various companies exploring the potential uses of blockchain technology and building new blockchain-inspired business models. While there are promising use cases of this new technology, research and practice are still in their early stages in terms of changing existing and creating new business models. We propose an extension of the e3 -value method to capture and represent the characteristics of blockchain-inspired business models. The approach is particularly useful for the value-based analysis of blockchain-inspired business models and the fundamental economic evaluation of these. It provides the foundation for capturing, communicating, innovating and experimenting with blockchain-inspired business models. We demonstrate the practicality of the extended e3 -value method by evaluating and applying it to an existing blockchain business model.
dc.format.extent10 pages
dc.identifier.doi10.24251/HICSS.2022.558
dc.identifier.isbn978-0-9981331-5-7
dc.identifier.urihttp://hdl.handle.net/10125/79895
dc.language.isoeng
dc.relation.ispartofProceedings of the 55th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectEnterprise Blockchains
dc.subjectblockchain
dc.subjectbusiness model
dc.subjectbusiness model representation
dc.subjecte3-value method
dc.titleA Modeling Approach for Blockchain-inspired Business Models: An Extension of the e3 -Value Method
dc.type.dcmitext

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