Blockchain Use Cases
[1] Heines, R. (2020): A Classificatory Framework for Blockchain-based Applications
Blockchain technology offers many functionalities to improve and enable new ICT-solutions. Therefore, the applicability of Blockchain shows potential in many industries ranging from logistics, e-commerce to well-known use cases in the financial industry, such as payment and tokenization [1].
Documenting cases
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Technical proof of data integrity (immutability and completeness) at a certain point in time (timestamping)
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Easy to implement in combination with Public Blockchains, quick wins, low focus on smart contracts
Digitalization of processes
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Optimized data exchange and process transparency
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Process status as a transaction on the Blockchain
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Digitalization of analogue processes across companies
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Possibility of integration with Business Process Modelling
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Interactions as Business Logic
Digitization of assets
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Token enable a new digital representation for goods, rights or services with specific characteristics (fungible/ fungible etc.)
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A token allows access to information about a product, grants certain rights of use or represents the property right.
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Infrastructure for the provision and processing of data-driven business models
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Next step in digitization to access new markets
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Possible integration of new technologies (AI, IoT & Blockchain)
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Due to many stakeholders' complex in implementation
