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Contribution Details

Type Conference or Workshop Paper
Scope Discipline-based scholarship
Published in Proceedings Yes
Title Blockchain Technologies from the Consumers’ Perspective: What Is There and Why Should Who Care?
Organization Unit
Authors
  • Manuel Schlegel
  • Liudmila Zavolokina
  • Gerhard Schwabe
Presentation Type paper
Item Subtype Original Work
Refereed No
Status Published in final form
Language
  • English
ISBN 978-0-9981331-1-9
Event Title 51st Hawaii International Conference on System Sciences (HICSS 2018)
Event Type conference
Event Location Hawaii
Event Start Date January 4 - 2018
Event End Date January 6 - 2018
Place of Publication Hawaii, USA
Publisher University of Hawai'i at Manoa
Abstract Text The blockchain, the ledger that underlies the famous cryptocurrency Bitcoin, has huge implications for many industries. There have been various papers dedicated to research how blockchain technology will transform businesses and industries. However, current research lacks an overview of what the blockchain implies for the biggest stakeholder of these businesses and industries: consumers. This paper aims to provide an overview of how the blockchain affects consumers. We conduct a systematic literature review and enrich it with interview-based knowledge from blockchain experts to show how blockchain technology changes business sectors, name affected consumers in these sectors, derive implications for these consumers and list existing as well as currently emerging blockchain-based products and services. Finally, we warn of the technical, institutional and human challenges and manifold pitfalls blockchain technology must overcome to gain widespread adaptation among consumers.
Free access at Official URL
Official URL http://hdl.handle.net/10125/50329
Other Identification Number merlin-id:15645
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