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Using blockchain in digitalizing enterprise legacy systems: An experience report

  • Taija Kolehmainen*
  • , Gabriella Laatikainen
  • , Joni Kultanen
  • , Erol Kazan
  • , Pekka Abrahamsson
  • *Corresponding author for this work
  • University of Copenhagen
  • University of Jyväskylä

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

Abstract

Blockchain technology and distributed ledger technology (DLT) offer a secure, distributed, and tamper-proof way to store and exchange information. However, apart from standard cryptocurrency-based networks, innovations and process improvements based on the blockchain technology have mostly remained on the conceptualizing stage and have not yet reached mass adoption. There is a high demand for practical experiences from developing blockchain and DLT based systems in various domains outside FinTech. This work seeks to contribute to this gap by presenting real-world experiences from developing a proof of concept for automatizing conditional payments in social benefits and healthcare domains. We found that the key conditions for making these blockchain-based solutions viable are (1) attaining technological maturity and competences, (2) ecosystem thinking and adequate governance of these ecosystems, and finally (3) achieving legal and regulatory predictability. Furthermore, we discuss technological choice, business, and ethical considerations relevant to practitioners and research communities.
Original languageEnglish
Title of host publicationSoftware Business - 11th International Conference, ICSOB 2020, Proceedings
Subtitle of host publication11th International Conference, ICSOB 2020, Karlskrona, Sweden, November 16–18, 2020, Proceedings
EditorsEriks Klotins, Krzysztof Wnuk
PublisherSpringer
Pages70-85
ISBN (Electronic)978-3-030-67292-8
ISBN (Print)978-3-030-67291-1
DOIs
Publication statusPublished - 2021
MoE publication typeA4 Article in a conference publication

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

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