A Framework for Designing Self-sustaining Ecosystems with Blockchain

Swayam Shah*, Slinger Jansen

*Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    Abstract

    Blockchain is a foundational technology where the idea of a distributed database and trust is established through mass collaboration and smart contracts. It is being claimed to be the next major socio-technical advancement after the invention of the Internet. In this paper we present a framework that supports experts in designing self-sustaining ecosystems leveraging distributed ledger technology. The critical building blocks of the framework are value exchange mapping, determining an evolutionary distributed ledger technology architecture, governance modelling, and token engineering. The goal of the framework is to establish a Minimum Viable Ecosystem that is self-sustaining in itself while having a positive-sum game as the basis to attain organic network effects. The framework has been evaluated through three case studies of prominent distributed ledger technology projects. The results of the case study were positive and evident of the need for such frameworks to help experts to think strategically, critically and precisely.

    Original languageEnglish
    Title of host publicationSoftware Business
    Subtitle of host publication11th International Conference, ICSOB 2020, Karlskrona, Sweden, November 16–18, 2020, Proceedings
    EditorsEriks Klotins, Krzysztof Wnuk
    PublisherSpringer
    Pages184-192
    Number of pages9
    Edition1
    ISBN (Electronic)978-3-030-67292-8
    ISBN (Print)978-3-030-67291-1
    DOIs
    Publication statusPublished - 1 Jan 2021
    Event11th International Conference on Software Business, ICSOB 2020 - Karlskrona, Sweden
    Duration: 16 Nov 202018 Nov 2020

    Publication series

    NameLecture Notes in Business Information Processing
    Volume407
    ISSN (Print)1865-1348
    ISSN (Electronic)1865-1356

    Conference

    Conference11th International Conference on Software Business, ICSOB 2020
    Country/TerritorySweden
    CityKarlskrona
    Period16/11/2018/11/20

    Bibliographical note

    Publisher Copyright:
    © 2021, Springer Nature Switzerland AG.

    DBLP License: DBLP's bibliographic metadata records provided through http://dblp.org/ are distributed under a Creative Commons CC0 1.0 Universal Public Domain Dedication. Although the bibliographic metadata records are provided consistent with CC0 1.0 Dedication, the content described by the metadata records is not. Content may be subject to copyright, rights of privacy, rights of publicity and other restrictions.

    Keywords

    • Blockchain
    • Distributed Ledger Technology
    • Self-sustaining ecosystems
    • Socio-technical system
    • Token engineering

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