Blockchain and Business Models — A Procedural Model.
Since its initial introduction, blockchain has been considered a transformative technology with far-reaching implications for existing business models. Particular attention is paid to companies acting as intermediaries — that is, as mediating parties whose role is fundamentally challenged by decentralised technologies.
This doctoral dissertation (TU Clausthal, 2021) develops a four-phase procedural model that provides companies with a structured approach to analyse the effects of a blockchain implementation on their existing business model. The model draws on a combination and extension of established economic and management frameworks.
The sub-steps and instruments of each phase are developed in depth and validated in an integrated illustrative multi-case study across four exemplary intermediary companies. The dissertation forms the conceptual foundation for the subsequent development of the Business Model Stress Testing methodology.
Topics & Contents.
Further Developed into BMST.
The conceptual foundations of this dissertation were further developed into the mature BMST methodology in the monographs Zukunftsfähigkeit durch Business Model Stress Testing (DE) and Mastering Business Model Stress Testing (EN).
BMST Methodology (EN) →
