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Business Models and Blockchain: What Can Change?

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  • Fernanda Momo
  • Giovana Schiavi
  • Ariel Behr
  • Percival Lucena

Abstract

The goal is to identify the characteristics of innovative business models that use blockchain technology. Through a qualitative and descriptive research, we sought, in the Crunshbase database, the companies that had in their activity description the word Blockchain, obtaining a total of 810 companies. The data obtained were tabulated in Excel spreadsheet and we carried out a collection of additional information on the websites of the organizations. The process of data analysis used the technique of document analysis and content analysis. The results allowed us to identify that most organizations’ foundation date from 2014 and are located in North America. Regarding the area of expertise of these organizations, it can be observed that most of them belong to financial and technology areas. Moreover, 10 companies were already in operation before the creation of blockchain technology, pointing out the characteristic of a disruptive technology, which is the readjustment of established companies. Finally, we highlight the contributions related to the field, by identifying the main areas of business that use blockchain technology, as well as revealing important descriptions about these companies. In addition to contributions to the theory, by presenting empirical evidences of active business with this technology and its contributions to the various areas.

Suggested Citation

  • Fernanda Momo & Giovana Schiavi & Ariel Behr & Percival Lucena, 2019. "Business Models and Blockchain: What Can Change?," RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), ANPAD - Associação Nacional de Pós-Graduação e Pesquisa em Administração, vol. 23(2), pages 228-248.
    • Handle: RePEc:abg:anprac:v:23:y:2019:i:2:1324
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    References listed on IDEAS

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    5. Cheng, Yu & Huang, Lucheng & Ramlogan, Ronnie & Li, Xin, 2017. "Forecasting of potential impacts of disruptive technology in promising technological areas: Elaborating the SIRS epidemic model in RFID technology," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 170-183.
    6. Valérie Sabatier & Vincent Mangematin & Tristan Rouselle, 2010. "From Business model to Business model portfolio in the european biopharmaceutical industry," Post-Print hal-00430782, HAL.
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    Cited by:

    1. Зейнельгабдин А. Б. & Ахметбек Е. Е., 2021. "Блокчейн В Государственном Управлении Казахстана," Вопросы государственного и муниципального управления // Public administration issues, НИУ ВШЭ, issue 3, pages 111-134.
    2. Akhmetbek Yerlan & Špaček David, 2021. "Opportunities and Barriers of Using Blockchain in Public Administration: The Case of Real Estate Registration in Kazakhstan," NISPAcee Journal of Public Administration and Policy, Sciendo, vol. 14(2), pages 41-64, December.

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