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Typology of Distributed Ledger Based Business Models

Ostern, Nadine (2017)
Typology of Distributed Ledger Based Business Models.
Guimaraes, Portugal (5-10 June)
Konferenzveröffentlichung, Bibliographie

Kurzbeschreibung (Abstract)

The potential of distributed ledger technology and its application in various industries is a controversially debated topic. Advocates of the technology emphasize the economic benefits of decentralization and transparency, leading to cost reductions as well as the alleviation of several of today`s economic and technological problems. In contrast, critics assert that the potential of distributed ledgers might be overhyped, possibly leading to the next tech bubble. This paper contributes to the discussion by developing a typology of business models that are based on distributed ledger technology. In particular, this paper is a first step towards a more differentiated discussion on the potential of distributed ledges, by taking the underlying business models into consideration. Despite a characterization of the types, a discussion about special features of distributed ledger based business models is provided in the context of contemporary business model literature and the associated role of IT. It is proposed that future research must evaluate each business model isolated to achieve a comprehensive assessment of the potential of distributed ledgers. This paper can be interpreted as starting point for more fruitful discussions and the repeal of the partially diametrical opposed opinions towards the potentials of the technology.

Typ des Eintrags: Konferenzveröffentlichung
Erschienen: 2017
Autor(en): Ostern, Nadine
Art des Eintrags: Bibliographie
Titel: Typology of Distributed Ledger Based Business Models
Sprache: Englisch
Publikationsjahr: Juni 2017
Buchtitel: Proceedings of the 25th European Conference on Information Systems (ECIS)
Veranstaltungsort: Guimaraes, Portugal
Veranstaltungsdatum: 5-10 June
Kurzbeschreibung (Abstract):

The potential of distributed ledger technology and its application in various industries is a controversially debated topic. Advocates of the technology emphasize the economic benefits of decentralization and transparency, leading to cost reductions as well as the alleviation of several of today`s economic and technological problems. In contrast, critics assert that the potential of distributed ledgers might be overhyped, possibly leading to the next tech bubble. This paper contributes to the discussion by developing a typology of business models that are based on distributed ledger technology. In particular, this paper is a first step towards a more differentiated discussion on the potential of distributed ledges, by taking the underlying business models into consideration. Despite a characterization of the types, a discussion about special features of distributed ledger based business models is provided in the context of contemporary business model literature and the associated role of IT. It is proposed that future research must evaluate each business model isolated to achieve a comprehensive assessment of the potential of distributed ledgers. This paper can be interpreted as starting point for more fruitful discussions and the repeal of the partially diametrical opposed opinions towards the potentials of the technology.

Fachbereich(e)/-gebiet(e): 01 Fachbereich Rechts- und Wirtschaftswissenschaften
01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete
01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete > Wirtschaftsinformatik
Hinterlegungsdatum: 17 Jan 2018 10:51
Letzte Änderung: 20 Apr 2021 17:01
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