The Value and Applications of Blockchain Technology in Business: A Systematic Review of Real Use Cases
No Thumbnail Available
Identifiers
Publication date
2022
Advisors
Journal Title
Journal ISSN
Volume Title
Publisher
Springer Science and Business Media Deutschland GmbH
Citations
Export
Abstract
This work provides an empirical study to identify the specific objective pursued by companies that are currently investing to develop blockchain technologies to improve their processes. Unlike other studies based on the theoretical potential application of blockchain technology in different sectors, the main objective of this paper is to analyse real projects and investment of companies in blockchain technology to identify the main value or use that managers prioritize in their technology development efforts. More than one hundred blockchain projects from different sectors have been examined with the aim of extracting the perceived value of blockchain technology by managers, customers, and partners. Identifying the business value that is most demanded in each sector and company size, as well as the relationship between the values that are jointly demanded. This article assesses the main values attributed to blockchain, highlighting those really appreciated by companies to invest in them and identifying new applications of blockchain technology in different sectors, and generating organisational change.
Description
Publisher Copyright: © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
Keywords
Blockchain , IT business value , Organizational transformation , Technology innovation , Technology strategy , Blockchain , IT business value , Technology innovation , Technology strategy , Organizational transformation , Control and Systems Engineering , Signal Processing , Computer Networks and Communications , Project ID , info:eu-repo/grantAgreement/AEI/Programa Estatal de Generación de Conocimiento y Fortalecimiento Científico y Tecnológico del Sistema de I+D+i/PID2019-105291GB-I00 , info:eu-repo/grantAgreement/AEI/Programa Estatal de Generación de Conocimiento y Fortalecimiento Científico y Tecnológico del Sistema de I+D+i/PID2019-105291GB-I00 , Funding Info , Euskal Herriko Unibertsitatea GIU20/019_x000D_ Universitat Politècnica de València_x000D_ Ministerio de Ciencia e Innovación PID2019-105291GB-I00 , Euskal Herriko Unibertsitatea GIU20/019_x000D_ Universitat Politècnica de València_x000D_ Ministerio de Ciencia e Innovación PID2019-105291GB-I00
Type
Citation
Lage , O , Saiz-Santos , M & Zarzuelo , J M 2022 , The Value and Applications of Blockchain Technology in Business : A Systematic Review of Real Use Cases . in J Prieto , A Partida , P Leitão & A Pinto (eds) , Blockchain and Applications - 3rd International Congress, BLOCKCHAIN 2021 . vol. 320 , Lecture Notes in Networks and Systems , vol. 320 LNNS , Springer Science and Business Media Deutschland GmbH , pp. 149-160 , 3rd International Congress on Blockchain and Applications, BLOCKCHAIN 2021 , Salamanca , Spain , 6/10/21 . https://doi.org/10.1007/978-3-030-86162-9_15
conference
conference