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dc.contributor.authorLage, Oscar
dc.contributor.authorSaiz-Santos, María
dc.contributor.authorZarzuelo, José Manuel
dc.date.accessioned2022-03-20T22:30:29Z
dc.date.available2022-03-20T22:30:29Z
dc.date.issued2022-02-01
dc.identifier.citationLage, Oscar, María Saiz-Santos, and José Manuel Zarzuelo. “Real Business Applications and Investments in Blockchain Technology.” Electronics 11, no. 3 (February 1, 2022): 438. doi:10.3390/electronics11030438.en
dc.identifier.urihttp://hdl.handle.net/11556/1293
dc.description.abstractThis paper provides an empirical study to identify the objective of companies that are currently investing in adopting blockchain technologies to improve their processes and services. Unlike other studies based on the theoretical potential application of blockchain technology in different sectors, the main objective of this paper is to analyze real projects and investment of companies in blockchain technology. More than 100 blockchain projects from different sectors were examined with the aim of extracting the perceived applicability and business value of blockchain technology by managers, customers, and partners. We identified the most demanded business value and functional properties in each sector and company size, as well as the relationship between the properties that are demanded together. This article assesses the main functional values attributed to blockchain, highlighting those really appreciated by companies that invest in them and identifying new applications of blockchain technology in different sectors, and generating organizational change. The article reveals that, as expected, significant deviations are already occurring between theoretical applications identified in the literature and those finally adopted by the industry.en
dc.description.sponsorshipThis research was funded by Spanish Ministry of Science and Innovation, grant number PID2019- 105291GB-I00; and by The Basque Country University, grant number GIU20/019.en
dc.language.isoengen
dc.publisherMultidisciplinary Digital Publishing Institute (MDPI)en
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.titleReal Business Applications and Investments in Blockchain Technologyen
dc.typearticleen
dc.identifier.doi10.3390/electronics11030438en
dc.rights.accessRightsopenAccessen
dc.subject.keywordsBlockchainen
dc.subject.keywordsIT business valueen
dc.subject.keywordsTechnology innovationen
dc.subject.keywordsTechnology strategyen
dc.subject.keywordsOrganizational transformationen
dc.identifier.essn2079-9292en
dc.issue.number3en
dc.journal.titleElectronicsen
dc.page.initial438en
dc.volume.number11en


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