Blockchain for Business Applications: A Systematic Literature Review

• Published in: Business Information Systems Vol. 320; pp. 384 - 399
• Main Authors: Konstantinidis, Ioannis, Siaminos, Georgios, Timplalexis, Christos, Zervas, Panagiotis, Peristeras, Vassilios, Decker, Stefan
• Format: Book Chapter
• Language: English
• Published: Switzerland Springer International Publishing AG 2018; Springer International Publishing
• Series: Lecture Notes in Business Information Processing
• Subjects: Applications; Blockchain; Business; Literature review
• ISBN: 9783319939308; 3319939300
• ISSN: 1865-1348; 1865-1356
• DOI: 10.1007/978-3-319-93931-5_28

Blockchain technology is widely known as the technological basis on which bitcoin is built. This technology has created high expectations, as transactions of every kind are executed in a decentralized way, without the need of a trusted third-party. Blockchain real business applications are currently limited mostly to financial services but many R&D projects in companies and corporations try to amplify the areas of blockchain implementation. In this paper, we conduct a systematic survey with the aim of pointing out the areas in which blockchain technology applications and services are being developed both in the public and private sector. In the results, we discuss the disruptive effect that this technology could bring to various business sectors as well as the concerns regarding the development of the blockchain technology.