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Blockchains for Business Process Management - Challenges and Opportunities

Blockchains for Business Process Management - Challenges and Opportunities Blockchain technology offers a sizable promise to rethink the way interorganizational business processes are managed because of its potential to realize execution without a central party serving as a single point of trust (and failure). To stimulate research on this promise and the limits thereof, in this article, we outline the challenges and opportunities of blockchain for business process management (BPM). We first reflect how blockchains could be used in the context of the established BPM lifecycle and second how they might become relevant beyond. We conclude our discourse with a summary of seven research directions for investigating the application of blockchain technology in the context of BPM. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png ACM Transactions on Management Information Systems (TMIS) Association for Computing Machinery

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Publisher
Association for Computing Machinery
Copyright
Copyright © 2018 ACM
ISSN
2158-656X
eISSN
2158-6578
DOI
10.1145/3183367
Publisher site
See Article on Publisher Site

Abstract

Blockchain technology offers a sizable promise to rethink the way interorganizational business processes are managed because of its potential to realize execution without a central party serving as a single point of trust (and failure). To stimulate research on this promise and the limits thereof, in this article, we outline the challenges and opportunities of blockchain for business process management (BPM). We first reflect how blockchains could be used in the context of the established BPM lifecycle and second how they might become relevant beyond. We conclude our discourse with a summary of seven research directions for investigating the application of blockchain technology in the context of BPM.

Journal

ACM Transactions on Management Information Systems (TMIS)Association for Computing Machinery

Published: Feb 26, 2018

Keywords: Blockchain

References