Distributed ledger technology in the banking sector: A method for the evaluation of use cases

Matthias Buchinger, Dian Balta, Helmut Krcmar

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

Abstract

Distributed ledger technology (DLT) is seen as an opportunity for the banking sector with high potential to achieve complexity reduction, cost savings, and further benefits in diverse processes. These high expectations and a limited technology know-how lead to bank internal challenges during the selection of suitable use cases for DLT. We apply Design Science Research (DSR) to address this challenge by developing a method for evaluating the business needs and the feasibility of deploying DLT in a certain use case in the banking sector.Devised using the letter of credit (LC) process as reference, our results suggest that various requirements and beside bank internal also external parties should be included in the evaluation. This implicates, that a more detailed study is needed on including external stakeholders in use case evaluation. Our method can be customized and applied as a structured evaluation approach in the banking sector.

Original languageEnglish
Title of host publicationProceedings of the 15th International Conference on Business Information Systems 2020 "Developments, Opportunities and Challenges of Digitization", WIRTSCHAFTSINFORMATIK 2020
PublisherGITO Verlag
ISBN (Electronic)9783955453350
DOIs
StatePublished - 2020
Externally publishedYes
Event15th International Conference on Business Information Systems 2020: Developments, Opportunities and Challenges of Digitization, WIRTSCHAFTSINFORMATIK 2020 - Potsdam, Germany
Duration: 8 Mar 202011 Mar 2020

Publication series

NameProceedings of the 15th International Conference on Business Information Systems 2020 "Developments, Opportunities and Challenges of Digitization", WIRTSCHAFTSINFORMATIK 2020

Conference

Conference15th International Conference on Business Information Systems 2020: Developments, Opportunities and Challenges of Digitization, WIRTSCHAFTSINFORMATIK 2020
Country/TerritoryGermany
CityPotsdam
Period8/03/2011/03/20

Keywords

  • Dlt
  • Method engineering
  • Use case evaluation

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