A Process Model for the Implementation of Blockchain-Based Systems

Although blockchain technology has immense potential to revolutionize various industries, its practical adoption faces significant challenges. This study tackles these hurdles by introducing a process model for the implementation of a blockchain-based system (PM-IBS), a comprehensive framework that...

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Main Authors: Muhammad Nasim Bahar, Michal Ries, Kristian Kostal
Format: Article
Language:English
Published: IEEE 2025-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10811910/
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author Muhammad Nasim Bahar
Michal Ries
Kristian Kostal
author_facet Muhammad Nasim Bahar
Michal Ries
Kristian Kostal
author_sort Muhammad Nasim Bahar
collection DOAJ
description Although blockchain technology has immense potential to revolutionize various industries, its practical adoption faces significant challenges. This study tackles these hurdles by introducing a process model for the implementation of a blockchain-based system (PM-IBS), a comprehensive framework that guides organizations through the complexities of the adoption of blockchain systems. The model offers a structured approach that includes decision trees for suitability evaluation, platform selection guidance, high-level architectural design strategies, cost estimation techniques, and an understanding of best practices and design principles. Furthermore, a real-world use case, “Blockchain-Based Property Registration and Succession System,” exemplifies the model’s applicability in tackling practical challenges. Finally, a comprehensive feedback survey evaluated the PM-IBS model in various dimensions, providing valuable information on its strengths and potential improvements. This dual contribution of a novel process model, functional prototype, real-world use case, and user feedback significantly enriches the knowledge of blockchain adoption strategies. The PM-IBS model empowers organizations to overcome adoption barriers and leverage the transformative power of blockchain technology.
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spelling doaj-art-a228c153bdca41ec8bc1e68c4b7128362025-01-21T00:01:40ZengIEEEIEEE Access2169-35362025-01-01139549956510.1109/ACCESS.2024.352136110811910A Process Model for the Implementation of Blockchain-Based SystemsMuhammad Nasim Bahar0https://orcid.org/0000-0003-1483-5175Michal Ries1https://orcid.org/0000-0002-9233-7123Kristian Kostal2https://orcid.org/0000-0003-0679-4588Faculty of Informatics and Information Technologies, Slovak University of Technology in Bratislava, Bratislava, SlovakiaFaculty of Informatics and Information Technologies, Slovak University of Technology in Bratislava, Bratislava, SlovakiaFaculty of Informatics and Information Technologies, Slovak University of Technology in Bratislava, Bratislava, SlovakiaAlthough blockchain technology has immense potential to revolutionize various industries, its practical adoption faces significant challenges. This study tackles these hurdles by introducing a process model for the implementation of a blockchain-based system (PM-IBS), a comprehensive framework that guides organizations through the complexities of the adoption of blockchain systems. The model offers a structured approach that includes decision trees for suitability evaluation, platform selection guidance, high-level architectural design strategies, cost estimation techniques, and an understanding of best practices and design principles. Furthermore, a real-world use case, “Blockchain-Based Property Registration and Succession System,” exemplifies the model’s applicability in tackling practical challenges. Finally, a comprehensive feedback survey evaluated the PM-IBS model in various dimensions, providing valuable information on its strengths and potential improvements. This dual contribution of a novel process model, functional prototype, real-world use case, and user feedback significantly enriches the knowledge of blockchain adoption strategies. The PM-IBS model empowers organizations to overcome adoption barriers and leverage the transformative power of blockchain technology.https://ieeexplore.ieee.org/document/10811910/Modeling paradigmsprocess designblockchain suitabilityblockchain adaptabilityblockchain platformsarchitecture design
spellingShingle Muhammad Nasim Bahar
Michal Ries
Kristian Kostal
A Process Model for the Implementation of Blockchain-Based Systems
IEEE Access
Modeling paradigms
process design
blockchain suitability
blockchain adaptability
blockchain platforms
architecture design
title A Process Model for the Implementation of Blockchain-Based Systems
title_full A Process Model for the Implementation of Blockchain-Based Systems
title_fullStr A Process Model for the Implementation of Blockchain-Based Systems
title_full_unstemmed A Process Model for the Implementation of Blockchain-Based Systems
title_short A Process Model for the Implementation of Blockchain-Based Systems
title_sort process model for the implementation of blockchain based systems
topic Modeling paradigms
process design
blockchain suitability
blockchain adaptability
blockchain platforms
architecture design
url https://ieeexplore.ieee.org/document/10811910/
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