Applications of blockchain in business processes: a comprehensive review

Blockchain (BC), as an emerging technology, is revolutionizing Business Process Management (BPM) in multiple ways. The main adoption is to serve as a trusted infrastructure to guarantee the trust of collaborations among multiple partners in trustless environments. Especially, BC enables trust of inf...

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Main Authors: Viriyasitavat, Wattana, Xu, Li Da, Niyato, Dusit, Bi, Zhuming, Hoonsopon, Danupol
Other Authors: School of Computer Science and Engineering
Format: Article
Language:English
Published: 2023
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Online Access:https://hdl.handle.net/10356/165002
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-1650022023-03-10T15:36:02Z Applications of blockchain in business processes: a comprehensive review Viriyasitavat, Wattana Xu, Li Da Niyato, Dusit Bi, Zhuming Hoonsopon, Danupol School of Computer Science and Engineering Engineering::Computer science and engineering Blockchain Business Process Management Blockchain (BC), as an emerging technology, is revolutionizing Business Process Management (BPM) in multiple ways. The main adoption is to serve as a trusted infrastructure to guarantee the trust of collaborations among multiple partners in trustless environments. Especially, BC enables trust of information by using Distributed Ledger Technology (DLT). With the power of smart contracts, BC enforces the obligations of counterparties that transact in a business process (BP) by programming the contracts as transactions. This paper aims to study the state-of-the-art of BC technologies by (1) exploring its applications in BPM with the focus on how BC provides the trust of BPs in their lifecycles; (2) identifying the relations of BPM as the need and BC as the solution with the assessment towards BPM characteristics; (3) discussing the up-to-date progresses of critical BC in BPM; (4) identifying the challenges and research directions for future advancement in the domain. The main conclusions of our comprehensive review are (1) the study of adopting BC in BPM has attracted a great deal of attention that has been evidenced by a rapidly growing number of relevant articles. (2) The paradigms of BPM over Internet of Things (IoT) have been shifted from persistent to transient, from static to dynamic, and from centralized to decentralized, and new enabling technologies are highly demanded to fulfill some emerging functional requirements (FRs) at the stages of design, configuration, diagnosis, and evaluation of BPs in their lifecycles. (3) BC has been intensively studied and proven as a promising solution to assure the trustiness for both of business processes and their executions in decentralized BPM. (4) Most of the reported BC applications are at their primary stages, future research efforts are needed to meet the technical challenges involved in interoperation, determination of trusted entities, confirmation of time-sensitive execution, and support of irreversibility. Published version 2023-03-07T05:15:15Z 2023-03-07T05:15:15Z 2022 Journal Article Viriyasitavat, W., Xu, L. D., Niyato, D., Bi, Z. & Hoonsopon, D. (2022). Applications of blockchain in business processes: a comprehensive review. IEEE Access, 10, 118900-118925. https://dx.doi.org/10.1109/ACCESS.2022.3217794 2169-3536 https://hdl.handle.net/10356/165002 10.1109/ACCESS.2022.3217794 2-s2.0-85141443954 10 118900 118925 en IEEE Access © 2022 The Authors. This work is licensed under a Creative Commons Attribution 4.0 License. For more information, see https://creativecommons.org/licenses/by/4.0/. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Engineering::Computer science and engineering
Blockchain
Business Process Management
spellingShingle Engineering::Computer science and engineering
Blockchain
Business Process Management
Viriyasitavat, Wattana
Xu, Li Da
Niyato, Dusit
Bi, Zhuming
Hoonsopon, Danupol
Applications of blockchain in business processes: a comprehensive review
description Blockchain (BC), as an emerging technology, is revolutionizing Business Process Management (BPM) in multiple ways. The main adoption is to serve as a trusted infrastructure to guarantee the trust of collaborations among multiple partners in trustless environments. Especially, BC enables trust of information by using Distributed Ledger Technology (DLT). With the power of smart contracts, BC enforces the obligations of counterparties that transact in a business process (BP) by programming the contracts as transactions. This paper aims to study the state-of-the-art of BC technologies by (1) exploring its applications in BPM with the focus on how BC provides the trust of BPs in their lifecycles; (2) identifying the relations of BPM as the need and BC as the solution with the assessment towards BPM characteristics; (3) discussing the up-to-date progresses of critical BC in BPM; (4) identifying the challenges and research directions for future advancement in the domain. The main conclusions of our comprehensive review are (1) the study of adopting BC in BPM has attracted a great deal of attention that has been evidenced by a rapidly growing number of relevant articles. (2) The paradigms of BPM over Internet of Things (IoT) have been shifted from persistent to transient, from static to dynamic, and from centralized to decentralized, and new enabling technologies are highly demanded to fulfill some emerging functional requirements (FRs) at the stages of design, configuration, diagnosis, and evaluation of BPs in their lifecycles. (3) BC has been intensively studied and proven as a promising solution to assure the trustiness for both of business processes and their executions in decentralized BPM. (4) Most of the reported BC applications are at their primary stages, future research efforts are needed to meet the technical challenges involved in interoperation, determination of trusted entities, confirmation of time-sensitive execution, and support of irreversibility.
author2 School of Computer Science and Engineering
author_facet School of Computer Science and Engineering
Viriyasitavat, Wattana
Xu, Li Da
Niyato, Dusit
Bi, Zhuming
Hoonsopon, Danupol
format Article
author Viriyasitavat, Wattana
Xu, Li Da
Niyato, Dusit
Bi, Zhuming
Hoonsopon, Danupol
author_sort Viriyasitavat, Wattana
title Applications of blockchain in business processes: a comprehensive review
title_short Applications of blockchain in business processes: a comprehensive review
title_full Applications of blockchain in business processes: a comprehensive review
title_fullStr Applications of blockchain in business processes: a comprehensive review
title_full_unstemmed Applications of blockchain in business processes: a comprehensive review
title_sort applications of blockchain in business processes: a comprehensive review
publishDate 2023
url https://hdl.handle.net/10356/165002
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