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dc.contributor.authorSchlecht, Laura
dc.contributor.authorSchneider, Sabrina
dc.contributor.authorBuchwald, Arne
dc.date.accessioned2020-05-18T05:05:57Z
dc.date.available2020-05-18T05:05:57Z
dc.date.issued2020en_US
dc.identifier.urihttp://hdl.handle.net/20.500.12127/6489
dc.description.abstractThe blockchain technology has gained increasing attention and awareness in both corporate practice and academia. Both sides expect the technology’s impact on business and society to be fundamental. However, more in-depth insights into how blockchain will disrupt the way businesses create and cap-ture value are limited. In response to the prevalent uncertainty about the future developments caused by blockchain, this study aims at identifying the prospective value creation potentials for organiza-tions. This forecasting study builds on a Delphi approach to derive reliable predictions about block-chain’s future developments by 2030 in the business model context. We specifically discuss how block-chain is likely to influence value creation in the business model context. Based on expert interviews, workshop insights, and prior literature, we developed a meaningful set of 36 projections on the impli-cations of the blockchain’s future developments. Our findings predict that blockchain will mainly cre-ate value by massively increasing efficiency gains, which forms the basis for making entirely new business models feasible. We complement this finding by revealing that blockchain technology will create the most value, not in isolation, but in combination with other technologies. Our research re-duces some of the environmental uncertainty managers face and identify relevant avenues for future research.en_US
dc.language.isoenen_US
dc.subjectBlockchain Technologyen_US
dc.subjectDelphien_US
dc.subjectFuture Developmentsen_US
dc.subjectBusiness Modelsen_US
dc.subjectValue Creationen_US
dc.titleCreating value through blockchain technology: A Delphi studyen_US
dc.title.alternativeECIS 2020 Proceedingsen_US
dc.contributor.departmentEBS Business School, Oestrich-Winkel, Germanyen_US
dc.contributor.departmentUniversity of Kassel, Kassel, Germanyen_US
vlerick.conferencedateJuneen_US
vlerick.conferencenameEuropean Conference on Information Systems (ECIS)en_US
vlerick.conferenceorganiserAssociation for Information Systemsen_US
vlerick.knowledgedomainDigital Transformationen_US
vlerick.knowledgedomainOperations & Supply Chain Managementen_US
vlerick.typeconfpresConference Proceedingen_US
vlerick.vlerickdepartmentTOMen_US
dc.identifier.vperid270410en_US


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