Corporate Strategies for Blockchain-Based Solutions

Verheggen, Hans

doi:10.1007/978-3-030-65781-9_4

Corporate Strategies for Blockchain-Based Solutions

Hans Verheggen³

Chapter
First Online: 30 June 2021

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Abstract

This chapter explores what blockchain means for corporates today and how they approach digital transformation leveraging blockchain concepts and technology. After a brief outlook on the blockchain market for business, we present a picture of how enterprise blockchain and digital assets are becoming part of their business model (how they create and deliver value) and their operational models (how they capture their value). Next, we look into how companies can build successful consortia, design enterprise blockchain solutions and engage with the innovation ecosystem. Finally, this chapter considers how corporations and markets can create business and operating models that become blockchain-complete.

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Notes

1.
Averaged data from 10 selected analysts. See bibliography for full list.
2.
https://www.gartner.com/en/newsroom/press-releases/2019-07-03-gartner-predicts-90--of-current-enterprise-blockchain.
3.
https://www.weforum.org/agenda/2019/04/data-oil-digital-world-asset-tech-giants-buy-it/.
4.
https://www2.deloitte.com/us/en/insights/topics/understanding-blockchain-potential/global-blockchain-survey.html.
5.
https://blockchain.news/news/Exclusive-Deloitte-Blockchain-Lab-on-the-3-Collaborations-with-HKMA.
6.
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology/US-Libra-shaping-the-evolution-of-financial-infrastructure.pdf.
7.
https://op.europa.eu/en/publication-detail/-/publication/56fba6de-38da-11ea-ba6e-01aa75ed71a1/language-en/format-PDF/source-113099411.
8.
Security tokens can be classified as the digital representation of existing securities such as equities, debt instruments, funds, etc. and may qualify as transferable securities or financial instruments under the EU’s Markets in Financial Instruments directive (MiFID). Some jurisdictions have outlined governance concerns on the acceptance of bearer certificates or tokens for peer-to-peer securities exchange.
9.
https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/lu-tokenization-of-assets-disrupting-financial-industry.pdf.
10.
http://www.explore-ip.com/2018_Blockchain-and-Sustainability.pdf.
11.
https://op.europa.eu/en/publication-detail/-/publication/98da7b74-38db-11ea-ba6e-01aa75ed71a1/language-en/format-PDF/source-113099411.

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University of Antwerp, Antwerp, Belgium
Hans Verheggen

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Hans Verheggen
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Correspondence to Hans Verheggen .

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European Parliament, Bruxelles, Belgium
Eva Kaili
European Parliament, Bruxelles, Belgium
Dimitrios Psarrakis

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Verheggen, H. (2021). Corporate Strategies for Blockchain-Based Solutions. In: Kaili, E., Psarrakis, D. (eds) Disintermediation Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-65781-9_4

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DOI: https://doi.org/10.1007/978-3-030-65781-9_4
Published: 30 June 2021
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-65780-2
Online ISBN: 978-3-030-65781-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)

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