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A Taxonomy of Blockchain Applications

In: Blockchain Technologies, Applications and Cryptocurrencies Current Practice and Future Trends

Author

Listed:
  • Sam Goundar
  • Shalvin Chand
  • Jalpa Chandra
  • Akash Bhardwaj
  • Fatemeh Saber

Abstract

A taxonomy of blockchain application uses cases that include application and apps. A major obstacle identified in several disciplines is the categorization of objects in a particular area of interest into a taxonomy. Blockchain is an innovation that is decentralized and characterized by value-based information that is distributed over a vast network with many untrusted users. Developing a taxonomy for blockchain applications is a complex process. This chapter thus attempts to discuss what internal factors contribute to the success of a blockchain application. This is followed by an analysis of which organizations use blockchain and which applications and apps they use. Finally, we classify blockchains according to what they are used for. For example, Blockchains are used in such fields as finance, agriculture, education, development, etc.

Suggested Citation

  • Sam Goundar & Shalvin Chand & Jalpa Chandra & Akash Bhardwaj & Fatemeh Saber, 2020. "A Taxonomy of Blockchain Applications," World Scientific Book Chapters, in: Sam Goundar (ed.), Blockchain Technologies, Applications and Cryptocurrencies Current Practice and Future Trends, chapter 3, pages 49-71, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811205279_0003
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    More about this item

    Keywords

    Blockchains; Cryptocurrencies; Distributed Ledger Technologies; Bitcoin; FinTech;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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